solomon's words

solomon's words

Stoltz of Coudersport, PA

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E & G

Solomon's Auction & Yard Sale Page

Howard's Inc, Coudersport, PA

UPMC Cole

Tuesday, October 28, 2008

Seniors--Did You Get Rebate On Property Tax/Rents

Many Seniors Missing Out On Rebates

More than 400 eligible older homeowners and renters in Potter County have not applied for refunds from the state under the Property Tax/Rent Rebate Program. Thanks in part to revenue from legalized slot machines, the state is providing a record $786 million in property tax relief this year for taxes paid in 2007.

This includes expanded rebates in the senior citizen Property Tax/Rent Rebate program and the first-ever general property tax relief for all homeowners through the “Homestead Exemption,” distributed through school districts this past summer.

Deadline for those senior citizens who want to apply for a rebate this year for property taxes or rent paid in 2007 has been extended to Dec. 31. The Property Tax/Rent Rebate program benefits eligible Pennsylvanians age 65 and older; widows and widowers age 50 and older; and people with disabilities age 18 and older.

Only half of Social Security income is applied to the eligibility formula. Household income limits and maximum rebate amounts for homeowners are: up to $8,000, $650 rebate; $8,001 to $15,000, $500; $15,001 to $18,000, $300; $18,001 to $35,000, $250.

Renters with incomes up to $8,000 receive a $650 rebate; those with incomes between $8,001 and $15,000 receive $500.

Further information is available by calling a toll-free phone line, 1-888-222-9190.

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