Applications for state and Milford tax programs due by May 15
Applications for the State of Connecticut Homeowners Tax Credit Program and the City of Milford Local Tax Credit Benefit are being taken in the Assessors office located at the Parson’s Government Complex, 70 West River St.
Eligibility for benefits shall be based upon applicant’s proof of ownership as of Oct. 1, 2012, resident status and financial eligibility. A qualified applicant must be 65 years of age by Dec. 31, 2012, also those persons under age 65 who are considered 100 percent Social Security Disabled may apply. If you are qualifying as 100 percent disabled, bring a current printout from Social Security which must include a statement of your disability and when it began. To receive a printout, call Social Security at 1-866-331-7096.
The application filing period is Feb. 1 to May 15, 9 a.m. to noon, and 2 to 4 p.m. Applications will only be taken during the above time periods.
Maximum income guidelines for this year are:
• State of Connecticut Homeowners Tax Credit Program: $33,500 for single person and $40,900 for a married couple;
• City of Milford Local Tax Credit Benefit: $48,500 for single person and $55,900 for a married couple.
Qualifying income is defined as adjusted gross income and tax-exempt interest plus any other income (such as social security and railroad retirement) not included in such adjusted gross income. This definition includes taxable income as may be reported for Federal Income Tax purposes, as well as non-taxable income. All monies received are to be considered part of qualifying income, unless specifically exempted.
Applicants should bring the following documentation:
• If a Federal Income Tax Return is filed for 2012, it is a statutory requirement that a copy must be presented to our office. In addition to the Federal Income Tax Return for 2012, if you are receiving Social Security or Railroad Retirement earnings, bring the 2012 SSA-1099 (for both spouses). If you are receiving Veteran pensions and Veteran Disability Pensions provide a letter from the VA (1-800-827-1000) stating total earnings for 2012.
• If you do not file a Federal Income Tax Return for 2012, bring all proofs of income for 2012. For example, bring in statements of wages, bonuses, commissions, fees, gratuities, payment for Jury Duty, lottery winnings, annuities and pensions, 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). If you are receiving Social Security or Railroad Retirement earnings, bring the 2012 SSA-1099 (for both spouses).
Note: If you are currently on the program and fail to renew by the deadline on your year to report, your benefit will be removed.
If you have any questions, contact the Assessors office at 203-783-3229.