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March 13, 2025
Question

circuit breaker credit

  • March 13, 2025
  • 1 reply
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my MAGI is $31437, but can't report circuit breaker credit in TurboTax. It said my MAGI >109,000. How to creat schedule CB?

    1 reply

    AmyC
    March 14, 2025

    Please take a look at the instructions for how to calculate your CB income. Mass adds in gifts, food stamps, disability, Social Security, sick pay, all sorts of income.

     

    If your circuit breaker income is above the limits, you do not qualify. If you are eligible, it will let you create the form.

     

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    janetganAuthor
    March 16, 2025

    Thank you very much