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Generating individual MA Schedule CB, Circuit Breaker Credit in ProConnect Tax

by ProConnect Tax Online Updated 5 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:

  1. Go to Input Return State & Local Other Credits.
  2. Select MA Credits.
  3. If the home is a multi-use or multi-family Property enter a 1 under Multi-Use or Multi-Family Property.
  4. If the home is not a multi-use or multi-family property select Residence in the upper right.
  5. Complete any applicable fields in the Homeowner Information section.

Follow these steps to generate MA Schedule CB for renters:

  1. Go to Input Return State & Local Modifications.
  2. Select MA Rental Deduction from the left navigation panel.
  3. Complete the 1=taxpayer, 2=spouse, blank =joint input.
  4. Locate the Landlord Information subsection and enter the following fields:
    • Name
    • Street
    • City
    • State
    • ZIP code
  5. Locate the Occupancy Information subsection and enter the following fields:
    • Rents paid in 2023
    • Date occupied
    • Date vacated
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