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Missouri Tax Credit Programs
You may qualify for one of
these programs, but not both.
Missouri Property Tax Credit Program
You may qualify for a
REFUND if you or your spouse meet
one of the following qualifications:
● Claimant or
spouse must be 65 years of age or older on or before
the last day of the
calendar
year
and a resident of
Missouri for the entire year
●
Claimant or spouse is a
veteran of any branch of the armed forces of the
United States,
or this state and is 100 percent disabled as a
result of such service;
●
Claimant or spouse is 100 percent disabled; or
●
Claimant has reached age 60 on or before the last
day of the calendar year and is
receiving surviving spouse social security benefits.
AND your TOTAL HOUSEHOLD
INCOME, including social security benefits follows
these guidelines:
Tax Years 2008-2009
Certain individuals are eligible to claim up to $750
if they pay rent or $1,100 if they pay real estate
tax on the home they own and occupy. If you
rent from a facility that does not pay property
taxes, you are not eligible for a Property Tax
Credit.
Renters/Part Year Owners:
● If single,
your total household income must be $27,500 or less.
● If married filing
combined, your total household income must
be $29,500 or less.
Owned and Occupied your home the entire
year:
●
If single, your total
household income must be $30,000 or less.
●
If married filing combined, your
total household income must be $34500 or less.
Tax Years 2006–2007
Certain individuals are eligible to claim up to $750
if they pay rent or pay real estate tax on the home
they own and occupy.
●
Total household income must be $25,000 or
less if filing single or $27,000 if married filing
combined.
●
Note: A 2006 claim must be filed by April
15, 2010, or a refund will not be issued.
Filing early (before April) ensures a quicker
refund!
Frequently asked questions and answers can also be found by visiting the
DOR Web site:
http://www.dor.mo.gov/tax/personal/faq/ptc.htm.
Homestead Preservation Act
** Important Notice **
The Homestead Preservation
Credit Program (HPC) is set to expire on August 28,
2010. Appropriations were not allocated to fund the
program during the recent 2010 legislative session.
Therefore, there will not be a 2010 Homestead
Preservation Credit for 2011.
Taxpayers who submitted a 2009 HPC application and
were approved will receive a letter from the
Department of Revenue in August 2010. This letter
will explain the credit that will be reflected on
your 2010 Boone County real estate tax bill that you
will receive in mid-November.
Visit the
Department of Revenue site for more information
regarding the Homestead Preservation Credit Program.
The DOR provides answers to frequently asked questions on their Web site.
Visit the
Department of Revenue
for more information regarding the Homestead
Preservation Credit program
The
Cass County Council on Aging is a good resource for
seniors who need help with the tax credit forms or
need additional help in understanding how it works.
The Cass County office can be reached at the
following address:
Cass County Council on Aging
2400 S Jefferson Pkwy
Harrisonville, MO 64701 (816) 884-4135
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