Property Tax Reduction

WHAT IS THE PROPERTY TAX REDUCTION PROGRAM?

The Property Tax Reduction (Circuit Breaker) program reduces property taxes* for qualified applicants.  The amount of reduction is based on income for the previous calendar year.

If you qualify, the property taxes on your home, and up to one acre of land, may be reduced by as much as $1,320.

*  Property tax reduction benefits will not reduce solid waste, irrigation, or other fees charged by government entities.

 

WHO QUALIFIES?

You may qualify for property tax reduction in 2017 if you:

1.    Owned and lived in a home or mobile home in Idaho that was your primary residence before April 15, 2017 (You may qualify if you lived in a care facility or nursing home.  Contact your county assessor for information.), and

2.    Had income of $29,640 or less for 2016, and

3.    Met one or more of the following status requirements as of January 1, 2017:

  • Age 65 or older
  • Widow(er)
  • Blind
  • Fatherless or motherless child under 18 years of age
  • Former prisoner of war/hostage
  • Veteran with a 10% or more service-connected disability or receiving a pension from Veterans Affairs (VA) for a non-service-connected disability
  • Disabled as recognized by the Social Security Administration, Railroad Retirement Board, or Federal Civil Service.  If you’re not covered by the listed agencies, then disabled as recognized by a public employee retirement system.

Additional information on the property tax reduction (“circuit breaker”) program.

PTR Income and Expense Worksheet: Property Tax Reduction Worksheet