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The Circuit Breaker:
For tax years beginning on or after January 1, 2001, certain taxpayers age 65 or older may be eligible to claim a refundable credit on their state income taxes for the real estate taxes paid during the tax year on the residential property they own or rent in Massachusetts that is used as their principal residence. If the credit due the taxpayer exceeds the amount of the total income tax payable for the year by the taxpayer, the excess amount of the credit will be refunded to the taxpayer without interest. For further information relative to the calculation and eligibility of the circuit breaker income tax credit, follow this link to the Department of Revenue website:
Senior Work Abatement Program:
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