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March 20, 2021
Question

Why is Turbo tax not considering Massachusetts Circuit Breaker deduction. I think we qualify. The TT program is saying we must pay property tax to qualify. We do!

  • March 20, 2021
  • 1 reply
  • 0 views
The only question id if our tax (4567.) is 10 % of our total income.  I don't know our total income, but it's close.

1 reply

AmyC
Employee
March 27, 2021

Go into your state return and do a preview to see your income and the key parts of the return. See How do I preview my TurboTax Online return before filing?

 

The Senior Circuit Breaker Tax Credit | Mass.gov eligibility:

  • You must be a Massachusetts resident or part-year resident.
  • You must be 65 or older by January 1, 2021.
  • You must file a Massachusetts personal income tax return.
  • You must own or rent residential property in Massachusetts and occupy it as your primary residence.
  • For tax year 2020, your total Massachusetts income doesn't exceed:
    • $61,000 for a single individual who is not the head of a household.
    • $76,000 for a head of household.
    • $92,000 for married couples filing a joint return.
  • If you are a homeowner, your Massachusetts property tax payments, together with half of your water and sewer expense, must exceed 10% of your total Massachusetts income for the tax year.
  • If you are a renter, 25% of your annual Massachusetts rent must exceed 10% of your total Massachusetts income for the tax year.
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