Senior Circuit Breaker Tax Credit

Senior citizens may be eligible to claim a refundable credit on their personal state income tax return. The Circuit Breaker tax credit is based on the actual real estate taxes paid on the Massachusetts residential property owned/rented and occupied as the principal residence.

The maximum credit amount for 2017 is $1,080. If the credit owed exceeds the amount of the total tax payable for the year, the excess will be refunded to the taxpayer.

Who is eligible?

  • Must be a Massachusetts resident or part-year resident.
  • Must be 65 or older by December 31, 2017.
  • Must file a Massachusetts personal income tax return.
  • Must own or rent residential property in Massachusetts and occupy it as your primary residence.
  • For the tax year, total Massachusetts income doesn’t exceed:
    • $57,000 for a single individual who is not the head of a household.
    • $72,000 for a head of household.
    • $86,000 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.

More information