BETHANY – Applications for tax credits for homeowners over 65 years of age and those totally disabled will be taken at the Assessor’s office between 9 a.m. and 4:30 p.m. beginning Feb. 1 to May 15.
The Elderly Homeowners Program is a real estate tax credit program for homeowners who are at least 65 years of age as of Dec. 31 and meet certain income guidelines.Those guidelines require that annual income for single people, including Social Security benefits, should not exceed $32,300. Married couples can be eligible if their income, including Social Security benefits, does not exceed $ 39,500.
Applicants should bring all proof of their 2011 income including a copy of their 2011 Income tax return, if filing, and proof of Social Security income (Form 1099). Also, the applicant must own and reside at the property for which tax relief is sought, or must hold a tenancy for life use of the property and be liable for the tax bill. This must be the applicant’s principal or legal residence.
For more on this story, visit: Bethany homeowner tax credits applications | News Briefs Jan. 26 – News – The Bulletin.