Generating individual MA Schedule CB, Circuit Breaker Credit in ProConnect Tax
by Intuit• Updated 11 months ago
Who qualifies for the Circuit Breaker Credit?
To see the requirements for the Circuit Breaker credit see here.
How do I generate Schedule CB?
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:
- Go to Input Return ⮕ State & Local ⮕ Other Credits.
- Select MA Credits.
- If the home is a multi-use or multi-family Property enter a 1 under Multi-Use or Multi-Family Property.
- If the home is not a multi-use or multi-family property select Residence in the upper right.
- Complete any applicable fields in the Homeowner Information section.
Follow these steps to generate MA Schedule CB for renters:
- Go to Input Return ⮕ State & Local ⮕ Modifications.
- Select MA Rental Deduction from the left navigation panel.
- Complete the 1=taxpayer, 2=spouse, blank =joint input.
- Locate the Landlord Information subsection and enter the following fields:
- Name
- Street
- City
- State
- ZIP code
- Locate the Occupancy Information subsection and enter the following fields:
- Rents paid in 2024
- Date occupied
- Date vacated
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