Homeowners Tax Credit (HTC)
Eligibility is based on Income
- Maximum Income for all household members is $60,000.
- HTC Calculator
- HTC Chart
and Net Worth, which cannot exceed $200,000 but excludes the value of the principal residence and qualified retirement savings and Individual Retirement Accounts.
Only applies to taxes resulting from first $300,000 of assessed valuation.
How one Receives the Credit
- If approved by April 15, credit will be on tax bill.
- Between April 15 and Oct 1 the credit will be issued on a revised tax bill.
- If the bill is paid before the credit was granted, a refund check will be issued.
How To Apply
