Tuesday, January 17, 2012

Senior Circuit Breaker Credit Information Sessions Announced

The Department of Revenue has planned an extensive two-month series of presentations to educate taxpayers 65 and older about the benefits of the Senior Circuit Breaker Tax Credit.

For tax year 2011, the credit is worth as much as $980 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 2009, 80,566 taxpayers received $61.1 million in tax credits, an average of $759 per taxpayers. For more information on how the credit works and is calculated, go to this OpenDOR blog post.

Brian Lynch, of DOR's office of Advocacy, Training and Communication, will conduct 14 sessions on the credit in various Massachusetts Council on Aging (COA) offices.  We hope to see you there!

Here’s the complete schedule:

Jan 18  1:00 p.m., Wellesley COA, 219 Washington St., 781-235-3961.

Jan 19  1:00 p.m., Plainville COA, 9 School St.,  508-699-7384

Jan 20  1:00 p.m., Waltham COA , 488 Main St., 781-899-7228

Jan 25  1:00 p.m, Wayland COA,  4 Cochituate Rd.,  508-358-2990

Jan 30  1:00 p.m, Bedford COA, 12 Mudge Way, 781-275-6825

Feb  1 12:30 p.m., Wrentham COA , 400 Taunton St., 508-384-5425

Feb  6 10:00 a.m., Carlisle COA,  66 Westford St.,  978-371-2895

Feb  6   1:00 p.m., North Attleboro COA, 204 Elm St., 508-699-0131

Feb  7 10:00 a.m., Attleboro COA, 25 South Main St., 508-223-2235

Feb  7  1:00 p.m., Norfolk COA, 28 Medway Branch Rd.,  508-528-4430

Feb  8 10:30 a.m., Chelmsford COA, 75 Groton Rd., 978-251-0533

Feb 15 11:00 a.m., Concord Senior Center, 1276 Main St., 978-318-0856

Feb 17 10:00 a.m., Franklin COA, 10 Daniel McCahill St., 508-520-4945

Feb 22   1:00 p.m., Natick COA, 90 Oak St.,  508-647-6540

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