The Department of Revenue has planned an extensive series of presentations to educate taxpayers 65 and older about the benefits of the Senior Circuit Breaker Tax Credit .
For tax year 2013, the credit is worth as much as $1,030 for eligible taxpayers 65 and older who either own or rent their home. The credit is refundable, meaning that if a taxpayer does not have an offsetting state tax liability, or has a liability that is smaller than the credit, they receive a check from the Commonwealth for either the entire credit or for the portion left after taxes are paid.
Seniors who live in public or subsidized housing are not eligible for the credit.
In tax year 2012, 81,717 taxpayers received $65,899,082 million in Circuit Breaker Credits for an average of $806.00 per taxpayer.
Brian Lynch, of DOR's office of Advocacy, Training and Communication, will conduct informational sessions on the credit in various Massachusetts Council on Aging (COA) offices. We hope to see you there!
|March 19 – 11:30 am||Wrentham Senior Center||400 Taunton St. Wrentham, MA 02093|
|March 19 – 1:30 pm||Franklin Senior Center||10 Daniel McCahill St. Franklin, MA02038|
|March 24 – 10:30 am||Billerica Council on Aging||25 Concord Rd. Billerica MA 01821|
|March 25 – 11:00 am||Oxford Council on Aging||323 Main St. Oxford, MA 01540|
|March 31 – 12:00 pm||Agawam Senior Center||954 Main St. Agawam, MA 01001|