Applications being accepted for homeowners tax credit
Applications for the State of Connecticut Homeowners Tax Credit Program and the City of Milford Local Tax Credit Benefit are being taken in the Assessor’s office located at the Parson's Government Complex, 70 West River St.
Eligibility for benefits is based on the applicant's proof of ownership as of Oct. 1, 2015, resident status and financial eligibility. A qualified applicant must be 65 years old by Dec. 31, 2015; also those under age 65 who are considered 100% Social Security Disabled may apply. People qualifying as 100% disabled must bring a current printout from Social Security which must include a statement of disability and when it began. To receive a printout, call Social Security at 1-800-772-1213.
The application filing period is Feb. 1 through May 15, 9 a.m. to noon and 2 to 4 p.m.
Maximum income guidelines for this year are:
State of Connecticut - Homeowners Tax Credit Program, $35,200 for a single person, $42,900 for a married couple.
City of Milford - Local Tax Credit Benefit, $50,200 for a single person and $57,900 for a married couple.
Qualifying income is defined as all taxable and nontaxable income. This definition includes taxable income as may be reported for Federal Income Tax purposes, as well as nontaxable income. All monies received are to be considered part of qualifying income, unless specifically exempted.
Applicants must bring the following with them:
If a Federal Income Tax Return is filed for 2015, it is a statutory requirement that a copy must be presented. Bring the entire Federal Income Tax Return. In addition to the Federal Income Tax Return for 2015, those receiving Social Security or Railroad Retirement earnings must bring the 2015 SSA-1099 (for both spouses). Those who are receiving Veteran pensions and Veteran Disability Pensions must provide a letter from the VA (1-800-827-1000) stating total earnings for 2015.
Those who did not file a Federal Income Tax Return for 2015 must bring all proofs of income for 2015. For example, bring in statements of wages, bonuses, commissions, fees, gratuities, payment for Jury Duty, lottery winnings, annuities and pensions, IRA distributions, interest, dividends, net rent or proceeds from sales of property, Veteran Pensions and Veteran Disability Pensions, and any other proofs of income (taxable and non-taxable). Those who are receiving Social Security or Railroad Retirement earnings must bring the 2015 SSA-1099 (for both spouses).
For information call 203-701-4419.
Those who are currently on the program must renew by the deadline of their benefit will be removed.