Eligibility Requirements for an Elderly Homeowner
- Must be 65 or older on or before December 31, 2024.
- Must provide evidence of age such as Medicare card and/or driver's license.
- Must own and use the property on which you are applying as your primary residence. The value of your property does not determine whether you can apply; however the maximum market value on which tax relief is calculated will be on the first $30,000. If your residence is a mobile home, a copy of your title or bill of sale is required.
- Combined 2023 annual income for you, *your spouse and all other owners of the property cannot exceed $36,370 for the 2023 Tax Year. The 2024 income limit is yet to be determined.
- Annual income from all sources includes, but is not limited to:
- Social Security (after Medicare is deducted)
- Supplemental Security Income (SSI)
- Retirement or Pension benefits
- Veterans' Administration benefits
- Worker's Compensation
- Salaries or Wages
- Interest or Dividends
You are required to provide documentation such as a copy or your tax return, 1099, W-2, etc.
*The income of the applicant's spouse is required regardless of ownership or residency.