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Massachusetts Circuit Breaker Credit

grindlaytax

Level 2

Forum|Forum|5 years ago

March 1, 2021

Question

Massachusetts Circuit Breaker Credit

Forum|Forum|5 years ago
March 1, 2021
1 reply
5 views

Lacerte seems to be using the 2019 income limit of $60,000 instead of the 2020 limit of $61,000 when determining a taxpayers eligibility for the Massachusetts Circuit Breaker Credit.

Lacerte Tax

This topic has been closed for replies.

1 reply

townecpa

Level 2

Forum|Forum|5 years ago

March 11, 2021

The 2020 CB calculation is also using the 2019 maximum assessed value of $808,000 rather than the 2020 maximum assessed value of $848,000.

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