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Tax Relief
Tax Relief
Qualifications For Tax Relief For the Elderly
Applications must be filed annually between January 1 through April 1
Must be 65 years old or older, or totally disabled on December 31 of the year preceding the taxable year
Total combined income cannot exceed $21,500
Total net worth cannot exceed $114,000
This is
not
a deferred tax; survivors will not be penalized nor will they incur taxes for past years reduction(s)
Qualifications For Tax Relief For Veterans
Tax relief for 100% services connected, totally and permanently disabled veterans or surviving spouses.
Disability of veteran must be 100% service-connected and permanent and total
Real property must be owned by veteran or veteran and spouse only
Mobile homes that are taxed as personal property rather than real property do not qualify for this tax relief
Real property must be veteran's primary residence (proof, such as resident state tax return, may be requested)
Spouse (if applicable) must also be identified
Deceased veteran (if applicable) must have died on or after January 1, 2011
Surviving spouse (if applicable) must not be remarried
Surviving spouse (if applicable) must continue to reside in primary residence
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