The maximum credit amount is determined each year. If the credit you’re owed exceeds the amount of the total tax payable for the year, you’ll be refunded the additional amount of the credit without interest.
To be eligible for the circuit breaker tax credit, you must be 65 years old by Dec. 31 of the tax year you are filing a return for, and you must have been a Massachusetts resident for at least part of the year. You are required to file a Massachusetts income tax return along with all appropriate schedules, including a Schedule CB to claim the circuit breaker credit. Ineligible persons include married couples that file separately, dependents of other taxpayers, and subsidized rent recipients.
To apply for the circuit breaker credit, you’ll file a tax return on your own or through a tax preparer.
Head to www.mass.gov/dor/circuitbreaker for all the information you’ll need to claim your circuit breaker credit.