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 Credit .
For tax year 2015, the credit is worth as much as $1,070 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. See: TIR 15-11: Annual Update of Real Estate Tax Credit for Certain Persons Age 65 and Older .
Seniors who live in public or subsidized housing are not eligible for the credit.
In tax year 2014, 82,449 taxpayers received $70.0 million in Circuit Breaker Credits for an average of $849.00 per taxpayer.
DOR's Brian Lynch will conduct informational sessions on the credit in various Massachusetts senior centers and Council on Aging (COA) offices. We hope to see you there!
|March 3rd, 11:00 am||Weymouth Senior Center||182 Green St. Weymouth, MA 02191|
|March 4th, 9:30 am||Wayland Senior Center||41 Cochituate Rd. Wayland, MA 01778|
|March 4th, 11:00 am||Wellesley Senior Center||219 Washington St. Wellesley, MA 02481|
|March 8th, 10:00 am||Attleboro Senior Center||25 South Main St. Attleboro, MA 02703|
|March 8th, 12:30 pm||North Attleboro Senior Center||204 Elm St. North Attleboro, MA 02760|
|March 8th, 2:00 pm||Plainville Senior Center||9 School St. Plainville, MA 02762|
|March 14th, 11:30 am||Walpole Council on Aging||135 School St. Walpole, MA 02081|