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Generating individual MA Schedule CB, Circuit Breaker Credit in Lacerte

SOLVEDby Intuit30Updated September 20, 2023

Who qualifies for the Circuit Breaker Credit?

To see the requirements for the Circuit Breaker credit see here.

How do I generate Schedule CB in Lacerte?

Use the applicable set of instructions below to generate Schedule CB for a homeowner or a renter.

Follow these steps to generate MA Schedule CB for homeowners:

  1. Go to Screen 53, Other Credits.
  2. Select Massachusetts Circuit Breaker Credit from the left navigation panel.
  3. Click on the 1 from the lower-left navigation panel under the Residence section.
  4. Complete any applicable fields in the Homeowner Information section.

Follow these steps to generate MA Schedule CB for renters:

  1. Go to Screen 51, Modifications.
  2. Select Massachusetts Rental Deduction from the left navigation panel.
  3. Locate the Landlord Information subsection and enter the following fields:
    • Name
    • Street
    • City
    • State
    • ZIP code
  4. Locate the Occupancy Information subsection and enter the following fields:
    • Rents paid in 2023
    • Date occupied
    • Date vacated

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