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Generating individual MA Schedule CB, Circuit Breaker Credit in ProConnect Tax
by Intuit• Updated 2 weeks 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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