Circuit Breaker Tax Abatement
Benefits
- Obtain a reduction or abatement of property taxes on your principal residence equivalent to a 20% reduction in fair market value of your property.
- Obtain a credit of up to $886 against taxes due on a primary residence.
Eligibility Requirements
- You must be a U.S. citizen or a qualified alien as defined in 8 U.S.C. Sec. 1641.
- You must be the owner of record as of January 1 of the application year.
- You must live in the state of Utah for the entire calendar year.
- You must be age 66 prior to January 1 of the next calendar year.
- Household income (i.e. all income received by all persons of a household for the year prior to the application year) of not more than the amount provided for in statute. See table for income amounts.
- You must not be claimed as a dependant on any other individual's tax return.
- You must file an application with the SLCo Treasurer by September 1, 2012, unless filling deadline is extended.
Circuit Breaker Tax Abatement Table for 2012
| If 2011 household income is: |
2012 Homeowner's credit is: |
|
$0 |
— $10,172 |
$886 |
|
$10,173 |
— $13,564 |
$773 |
|
$13,565 |
— $16,954 |
$663 |
|
$16,955 |
— $20,344 |
$496 |
|
$20,345 |
— $23,737 |
$386 |
|
$23,738 |
— $26,926 |
$221 |
|
$26,927 |
— $29,919 |
$109 |
|
$29,920 |
|
$0 |
If after reviewing this information you believe you qualify for this or one of the other relief programs, contact the SLCo Treasurer's Office at 385-468-8300 and select option 2 to reach the Tax Relief Division.
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