Instructions For Form 1 - Massachusetts Resident Income Tax - 2006 Page 31
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3431
2006 Form 1 — Schedule Instructions
◗ Exemptions granted by cities or towns to qual-
Note: Real estate taxes paid in a calendar or tax-
If you own a multi-family home, mixed-use prop-
able year generally reflect taxes assessed for two
ifying veterans, surviving spouses, blind persons
erty, or your principal residence has a land area in
different fiscal years. If a community collects taxes
and the elderly*;
excess of one acre, see TIR 01-19 for information
◗ Interest charges assessed due to delinquent
quarterly, a taxpayer may have made four payments
on how to prorate water and sewer use charges.
during a calendar year. These payments are billed
payments; and
Line 20. Credit
◗ Betterments or special assessments levied upon
as due on the following dates: February 1, May 1,
Enter the lesser of line 19 or $870 here and on
August 1, and November 1. If a community col-
the property.
Form 1, line 39.
lects taxes semi-annually, a taxpayer may have
*Do not exclude this amount if it was already re-
made two payments during the calendar year. The
flected on your tax bill and you did not pay it.
Line 21. Rent Paid for Your
first payment is billed as due on May 1 and the
Principal Residence in 2006
second as due on November 1, or thirty days after
Line 16. Water and Sewer Use
it is mailed, if the bill is mailed after October 1. If
Enter in line 21a the total amount of rent paid for
Charges Paid in 2006
you own a multi-family home, mixed-use property,
your principal residence in 2006. Divide that
Contact your town official to determine if your
or your principle residence has a land area in ex-
amount by 4 (25%) and enter the result in line 21.
community has elected to include water and sewer
cess of one acre, contact your local city or town’s
In the space provided, be sure to enter your land-
debt charges in the property tax assessment. Tax-
collector’s office if you have any questions in de-
lord’s name and address. If you received any fed-
payers residing in communities that do not include
termining the amount of real estate taxes paid in
eral and/or state rent subsidy, or you rent from a
water and sewer debt charges in the property tax
calendar year 2006 for your principal residence.
tax-exempt entity, you do not qualify for the Circuit
assessments may include 50% of the actual water
Breaker Credit.
and sewer use charges paid during the taxable year.
Line 14. Adjustments to Real Estate
If they have elected to include those charges in the
Line 24. Credit
Taxes Paid
property tax assessment, enter “0” in line 16. If they
Enter the lesser of line 23 or $870 here and on
Enter the amount from line 4 of the Adjustments to
have not elected to include those charges, enter
Form 1, line 39.
Real Estate Taxes Paid Worksheet for Schedule CB,
50% of your actual water and sewer use charges
line 14, on page 2 of Schedule CB. Adjustments to
paid in 2006 in line 16.
real estate taxes paid include:
◗ Abatements granted by local assessors or
earned through the Senior Work Program*;
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