Wednesday, December 24, 2008

Property Tax Credit for Seniors Deadline

OVER 65 Circuit Breaker

The December 31, 2008 deadline is nearing for Indiana's seniors to sign up for a new property tax credit included in the tax overhaul state lawmakers approved last spring. Sign up at the Auditor's office.

The exemption covering homeowners ages 65 and older limits how much their tax bills can increase from one year to the next. Eligible homeowners must be at least 65 on or before Dec. 31 - the filing deadline - and have a gross adjusted income of less than $40,000 for a joint filing or $30,000 for a single filing. The gross assessed value on the homestead cannot exceed $160,000.

The application is available online at www.indy.gov/eGov/County/Auditor/Services/Online/Pages/home.aspx

The Auditor's Office encourages you to complete the application online, but you may also complete it in person or by mail. The Auditor's Real Estate office is located in the City-County Building, 200 E. Washington St., Suite 841. The office is open from 8:00 A.M. to 4:30 P.M., Monday through Friday. You can reach a customer service representative by calling (317) 327-4646.

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