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2022.12.06 TNT Hearing Packet
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2022.12.06 TNT Hearing Packet
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Property Tax AssistanceRegular Homestead Credit RefundThis refund of up to $2,930 requires that you owned and lived in your home on January 2, 2022 and your household income for 2021 was less than $119,790. https://www.revenue.state.mn.us/homeowners‐homestead‐credit‐refundor 651‐296‐3781Special Homestead Credit RefundThis refund of up to $1,000 requires that you owned and lived in the same home on January 2, 2021, and on January 2, 2022; your net property tax increased more than 12% and at least $100 from 2021 to 2022; and the increase was not due to improvements made to the property. https://www.revenue.state.mn.us/homeowners‐homestead‐credit‐refundor 651‐296‐3781Renter’s Property Tax RefundThis refund of up to $2,280 requires that you lived in and paid rent on a MN building where the owner was assessed property taxes and your household income for 2021 was less than $64,920. https://www.revenue.state.mn.us/renters‐property‐tax‐refundor 651‐296‐3781Senior Citizen Property Tax Deferral ProgramSeniors at least 65 or older, with a total household income of $60,000 or less, and who have owned and lived in their home for the last 15 years, may be eligible to defer a portion of their property taxes and special assessments. Participants would pay no more than 3% of their household income, and the remaining taxes owed would be paid by the State in the form of a loan. The loan and variable interest would need to be repaid before title of the property is transferred to a new owner. https://www.revenue.state.mn.us/property‐tax‐deferral‐senior‐citizensor 651‐556‐6091
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