Brochure Explains Senior Circuit Breaker Tax Credit

Print Story | Email Story
Sen. Benjamin B. Downing
BOSTON – State Sen. Benjamin B. Downing, D-Pittsfield, has released his annual informational pamphlet on the Senior Circuit Breaker Tax Credit, updated specifically for Tax Year 2011. 

First published by the senator in January 2008 for Tax Year 2007, this brochure is intended to help Massachusetts citizens, aged 65 or older, determine their eligibility for the tax credit.

"The state Department of Revenue reports that the Senior Circuit Breaker Tax Credit returns more money to the wallets of senior taxpayers in Massachusetts than any other state tax credit," said Downing. "Each year I distribute this informational brochure to those serving seniors in Western Massachusetts hoping to spread the word about this opportunity."

The senator provides copies of his pamphlet to the Councils on Aging serving communities throughout his Berkshire, Hampshire and Franklin District. It is also available under the "Hot on the Hill" tab of www.SenatorDowning.com. The brochure is free and all are welcome to print and share this information to those who may find it helpful. It can also be printed or downloaded below.

The Senior Circuit Breaker Tax Credit is an income tax credit designed by the Legislature to alleviate some of the burden from property taxes, so-called because it is "triggered," like an electrical circuit breaker, when property taxes, water and sewer bills exceed 10 percent of a senior citizen's annual income. For Tax Year 2011, the maximum credit is $980.


Eligible seniors must claim this credit by submitting a completed Schedule CB, Circuit Breaker Credit, with their 2011 state income tax return. To be eligible, one must be a Massachusetts citizen, aged 65 or older by Jan. 1, 2012; own or rent residential property in the commonwealth and occupy the property as a primary residence; and have an annual income of $52,000 or less for a single filer; $65,000 or less for a head of household; or $78,000 or less for joint filers.

The state Department of Revenue reports that in Tax Year 2009 (the most recent tax year for which complete information is available) 80,566 taxpayers received $61.1 million in cash or credits used to lower income tax payments through the Senior Circuit Breaker Tax Credit, an average of $759 per taxpayer.

Downing reminds residents that his brochure is for informational purposes only – it is not an official tax document and seniors should consider consulting with tax professionals for additional guidance.

Circuit Breaker Brochure 2011-12
Tags: income taxes,   property taxes,   senior citizens,   

If you would like to contribute information on this article, contact us at info@iberkshires.com.

Dalton Fire District Voters OK Annual Meeting Articles

By Sabrina DammsiBerkshires Staff
DALTON, Mass. — Voters approved all articles but one on the warrant at the annual Fire District meeting on Tuesday night at the Stationery Factory.
 
Some 48 voters attended the meeting, which lasted an hour and 40 minutes, to vote on several articles that make up a total budget of $3,663,081. 
 
However, that amount was reduced to $3,660,581 after voters decided the town would assume responsibility for funding the required 50 percent match for a state Department of Conservation and Recreation grant.
 
If approved, the grant covers forest fighting in fiscal year 2027. The Fire District and the town are separate governing entities, and under state law, responsibility for funding the Forest Warden position and all related expenses falls to the town.
 
Historically, the district has included a $2,500 article to fund the match, but this year the request was "tabled." However, because articles at annual meetings cannot formally be tabled, the action effectively resulted in the request failing.
 
"The Forest Warden budget does provide enough money to supply. I believe it's $3,900 … within the budget to cover that amount of money," the town's Finance Committee chair  William Drosehn said. 
 
Drosehn, who also moderated the annual meeting, clarified before making the comment that he was speaking in his capacity as finance chair.
 
View Full Story

More Pittsfield Stories