![]() Pension receipts, distributions from retirement bonds and Keogh plans and the taxable portion of Individual Retirement Accounts (IRAs).Veterans benefits other than attendant-care payments, medical-aid payments, veteran's disability compensation and dependency and indemnity compensation.Military pay and benefits other than attendant-care and medical-aid payments.Social Security and Railroad Retirement benefits.Some of the most common sources of disposable income include: Disposable income includes household income from all sources, regardless of whether the income is taxable or not taxable for federal income tax purposes. Year Property Taxes Dueĭisposable income is calculated differently than adjusted gross income for federal income taxes. For property tax due in 2019, your 2018 income cannot exceed $40,000. Household Income (Whatcom County Residents Only)īeginning in 2020, your annual household disposable income cannot exceed $42,043 with your 2019 income to qualify for an exemption on your 2020 property taxes. Property used as a vacation home is not eligible for the exemption program. You may rent your residence to someone else while you're temporarily away if the rental income is used to pay the facility costs. Your residence may qualify even if you are temporarily in a hospital, nursing home, boarding home, adult family home, or home of a relative. The length of occupancy in the calendar year was nine months for the 2019 qualifying year. For example, you must be living in your home more than six months in 2021 to receive an exemption on your 2022 property tax. A property is considered your primary residence if you occupy the home for more than six months in a calendar year. The property must be your principal place of residence. The type of ownership must be in total (fee owner), as a life estate (including a lease for life), or by contract purchase. You must own your home for which the exemption is claimed in the year before the taxes to be exempted are due. A Proof of Disability Statement form can be obtained from our office. Proof of disability can be an Award Letter from Social Security, a VA Benefits Award Letter, or a Proof of Disability Statement completed by your physician. A disabled veteran with a service-connected evaluation of at least 80% or receiving compensation from the United States Department of Veterans Affairs at the 100% rate for a service-connected disability.On December 31 of the year before taxes are due you must meet one of the following criteria: This is the year before taxes are due.įor example: If you are applying for a reduction of your 2022 property taxes, then you must meet the requirements for the age or disability, ownership, occupancy, and household income in 2021. Each requirement must be met during the qualifying year. ![]() There are four eligibility requirements you must meet to be eligible for the program. If you are a senior citizen or a person with disabilities with your residence in Washington State you may qualify for a property tax reduction under the property tax exemption for senior citizens and people with disabilities program. ![]()
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