There are a variety of income and property tax benefits available for Massachusetts senior citizens and retirees. Please take a moment to review the tax information and resource listings on this page as you may qualify for a significant refund. There are also links to other state and federal agencies that you may find useful. For further information, please contact Customer Service at 617-887-6367 - Option 1.

2016 Update of Circuit Breaker Tax Credit

Taxpayers age 65 or older who own or rent residential property located in Massachusetts are allowed a credit equal to the amount by which their real estate tax payments, or 25% of the rent constituting a real estate tax payment, exceeds 10% of the taxpayer’s total income, not to exceed $1,070. The amount of the credit is subject to limitations based on the taxpayer’s total income and the assessed value of the real estate, which for tax year 2016 must not exceed $720,000.

For purposes of calculating the credit, total income and maximum credit thresholds are adjusted annually. For tax year 2016, an eligible taxpayer’s total income cannot exceed $57,000 in the case of a single filer who is not a head of household filer; $71,000 for a head of household filer; and $86,000 for joint filers. In order to qualify for the credit, a taxpayer must be age 65 or older and must occupy the property as his or her principal residence. 

Tax Tips for Seniors and Retirees

In our continuing effort to make filing and paying taxes as easy as possible, the Department of Revenue (DOR) has
created this “Tax Tips” fact sheet to assist you in completing your tax return and ensure that you take advantage of
deductions and exemptions that are available. You may wish to consult with a tax professional for guidance on some
of these items. View Tax Tips for Seniors and Retirees pdf format of Tax Tips for Seniors and Retirees
.

Form 1  pdf format of Form 1
file size 2MB