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what do you mean?

a circuit breaker is a device usually used in domestic fuseboxes and appliances, that when a circuit current (amount of amps) is higher than the current set to the breaker as the trip current, the breaker will trip, preventing the wire from overheating and possibly shorting out (see internet) which might cause bigger problems.

the breaker may also trip if a short occurs.

but tax preparation...

i'm afraid i am not even familliar with the term : /

i have a feeling though that in "tax preparation" it might be a metaphorical term.

i hope the first part helps though!

if you have any more questions...

just ask! :D

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8y ago
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9y ago

There is a program called Circuit Breaker in 21 states that provides a real estate tax credit based on information from the taxpayer's federal income tax return. Many clients will bring their Circuit Breaker form in with their income tax information, so the preparer can fill it out when the return is complete. But the Circuit Breaker is not, per se, part of income tax preparation.

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Q: What is a circuit breaker in tax preparation?
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