Seniors living in Will County should note that today is the last day to file for property tax relief, according to the Will County Treasurer.
The Senior Citizens Real Estate Property Tax Deferral Program gives residential property owners 65 and older the opportunity to defer up to 100 percent of their property taxes.
“Tough economic times and fixed incomes are a perfect storm for senior citizens trying to pay their property taxes,” Steve Weber said in a news release. “Although this program does not get rid of the responsibility of paying property taxes, the Senior Tax Deferral has helped seniors plan how they pay their taxes.
“Our office can help you determine if you are eligible,” he said.
The guidelines for the Senior Deferral Program are:
- Seniors must be at least 65 years old by June 1, 2012.
- The total annual household income in 2011 cannot exceed $50,000.
- Seniors may defer from 1 percent to 100 percent of your property taxes.
- Reverse mortgage agreements often prohibit the homeowner from using this program.
- Participants must submit proof of paid insurance on the property.
For more information about the program, visit www.WillCountyTreasurer.com, or call Treasurer Weber’s office at 815-740-4691.