MA – Credit Manager Schedule Section 1 – Nonrefundable Credits

Article:  50510

Reporting Nonrefundable Credits (Schedule CMS Section 1) 

Use the MA – Credit Manager Schedule Section 1 – Nonrefundable Credits screen to report eligible nonrefundable tax credits on your Massachusetts return. These credits reduce the amount of tax you owe but cannot create a
 
This screen is used for credits issued by certificate, received via transfer, or passed through from a Massachusetts K-1. 

What to Enter 

  • Credit Type – Select the credit you are claiming from the list below 
  • Non-Expiring – Select Yes if the credit has no expiration date 
  • Period End Date – Required if the credit is not marked as non-expiring 
  • Certificate Number – Enter the certificate number issued with the credit 
  • Credit Amount – Total available credit amount 
  • Credit Taken – Amount of credit used on this return 
  • Federal ID Number of Credit Source – Required if credit was transferred or issued from an MA K-1 

Available Nonrefundable Credit Types 

  • AGLCRD Life Science (Angel) Credit 
  • BRWFLD Brownfields Credit 
  • CRTHOU Certified Housing Development Credit 
  • EDIPCR Economic Development Incentive Program Credit 
  • EOACCR Economic Opportunity Area Credit 
  • FLMCRD Film Incentive Credit 
  • FRMFSH Farming and Fisheries Credit 
  • HISRHB Historic Rehabilitation Credit 
  • LEDPNT Lead Paint Credit 
  • LFSFDA Life Science (FDA) Credit 
  • LFSITC Life Science (ITC) Credit 
  • LFSJOB Life Science (Jobs) Credit 
  • LIHDON Low Income Housing Donation Credit 
  • LOWINC Low-Income Housing Credit 
  • MEDDVC Medical Device Credit 
  • NGHRCD National Guard Employee Credit 
  • SEPTIC Septic Credit 
  • SLRWND Solar and Wind Energy Credit 
  • TTCCRD Training  
  • VETHIR Veteran’s Hire Tax Credit 

How to Add This Screen 

  1. Open the State Taxes section in the left-hand navigation 
  2. Click I’d like to see the forms I’ve filled out or search for a form.
  3. Select Massachusetts from the state dropdown 
  4. Under the General tab, click MA – Credit Manager Schedule Section 1 – Nonrefundable Credit
  5. Complete the screen and click Save.

Further Information 

For additional credit eligibility and certificate rules, visit: 
https://www.mass.gov/info-details/massachusetts-personal-income-tax-forms-and-instructions