Seniors encouraged to apply for tax credit

Jan 31, 2018

Wareham seniors may be eligible for a senior circuit breaker tax credit, and Selectman Alan Slavin said he wants to remind more people to take advantage of it and apply.

Those who are 65 or older and own or rent in Massachusetts as principal residents may qualify for this credit. To qualify, a single person's total income must not exceed $57,000, a married filing joint cannot exceed $86,000 and head of household cannot exceed $71,000.

Many Wareham residents who are eligible for the credit didn't apply for it last year, Slavin said, and he's encouraging people to participate. In 2014, only 13.8 percent of adults ages 65 and older filed for the credit.

If someone pays little or no state income taxes, the circuit breaker tax credit is paid out as a refund check for the amount that exceeds their income tax obligation.

To claim the circuit breaker credit, a Massachusetts state income tax return must be filed with the circuit breaker schedule form included. Click here to download the forms that need to be filled out.

For assistance, contact Volunteer Income Tax Assistance, which helps low and middle income people fill out tax returns for free. Contact them at 1-800-906-9887.