Senior, Disabled Missourians Should Sign-Up For Property Tax Relief

2009-02-17 05:25

Governor Nixon Urges Senior and Disabled Missourians to Sign-Up for Property Tax Relief - The governor pushed for an increase in the property tax break for seniors and the disabled, but many Missourians who are eligible may not be aware they can apply.

Missouri's property tax credit for taxpayers who are 65 and older or disabled has increased this year to a maximum of $1,100, but some could miss out if they fail to apply.

The maximum credit for homeowners grew by $350 and eligibility was expanded to include households with income of up to $34,000 a year.

"I urge more Missourians to apply for the Missouri Property Tax Credit now," said Gov. Jay Nixon, who last year made it a top priority to expand property tax relief for moderate-income seniors and disabled persons.

"Property taxes are skyrocketing across our state, and thousands of Missourians, particularly seniors, are struggling to make payments and keep their homes," Nixon said. "The credit can put money back in seniors' pockets to help them stay in their homes, and it can help other hardworking Missourians."

Who Qualifies

To qualify, at least one person in the household must be 65 or older or totally disabled and total household income cannot exceed these amounts:

$27,500 or less (for renters who are single)
$29,500 or less (for renters who are married)
$30,000 or less (for single homeowners)
$34,000 or less (for married homeowners)

The credit refunds as much as $750 for renters and $1,100 for homeowners and is based on the applicant's income and the amount paid in rent or real estate taxes last year.

How to Apply

To receive relief, senior and disabled Missourians need to apply for the 2008 Missouri Property Tax Credit (formerly called Circuit Breaker).

Free Help with Applications

"Senior and disabled adults can also get free help applying for the credit," said Margaret T. Donnelly, director of the Department of Health and Senior Services. Donnelly was referring to the Volunteer Income Tax Assistance Program (VITA), which provides free tax assistance to low-income, disabled, and homebound taxpayers, and to Tax Counseling for the Elderly (TCE), another free tax assistance program for those 60 and older.

Missouri's ten Area Agencies on Aging are also a good resource for seniors who need help with the property tax credit form.

Anyone who needs free help preparing a state income tax return or property tax credit application can also call one of the Department of Revenue's seven tax assistance centers across the state.

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