Older Iowans now qualify for tax assistance


THE DEADLINE IS BEING EXPANDED TO SEPTEMBER 30. MORE PEOPLE WITH HIGHER INCOME CANOWN QUALIFY FOR ASSISTANCE. FOR A SINGLE PERSON THEY WODUL NEED TO MAKE LESS 32,200 DOLLARS TO QUALIFY FOR THE CREDIT. A FAMILY OF O TWMATES TO MAKE UNDER $43,000. THE AGGIN RESOURCES OF CENTRAL IOWA HAS LOTS OF RESOURCES THAT HELP OUT 60 AND OLDER. >> IF PEOPLE ARE ATTEMPTING TO STAY IN TIRHE HOME, THIS PROPERTY TAX CREDIT WOULD CERTAIYNL PROVIDE SOME EDNEED SUPPORT FOR THEM. >> FOR PEOPLE WHO WTAN TO MAXIMIZE THE BENEFIT, THEY MUST REAPPLY EVERY YEAR

More older Iowans now qualify for tax assistance

Older Iowans on a fixed income might be feeling the inflation pinch harder than most. This year, more of the state’s seniors qualify for breaks when it comes to property taxes. The deadline to file a claim with the county’s treasurer is Wednesday, June 1, but each county can decide if they want to extend the time to file. In Polk County, the deadline has been extended until Sept. 30. Residents who are aged 65 or older or 18+ and totally disabled might be eligible for assistance as well. “The Iowa Department of Revenue’s expansion of the eligibility requirements for the Elderly and Disabled Property Tax Credit will allow some of our most vulnerable citizens to qualify for property tax relief where they previously could not,” Mary Wells, Polk County Treasurer, said. To qualify, applicants must be an Iowa resident as of Dec. 31 of last year and their household income must fall below the standard. 2021 Household Income Guidelines for Persons Age 70 and Over If number of persons in family/household is: and total household income is less than: families/households with more than 8 persons, add $11,350 for each additional person. Source: Polk County “If people are attempting to stay in their homes, this property tax credit would certainly provide some needed support for them,” Kay Vanags, Aging Resources of Central Iowa, said. Aging Resources of Central Iowa has a lot of programs that helps out people age 60 and older. Advocates say this change could be a huge relief for many Iowans.”Anywhere you can cut corners is always helpful so this would be a nice corner to cut I think. Being able to have a little extra money to pay for medication cost,” Vanags said. People interested in the tax credit must file a claim every year to qualify for maximum benefit.Other headlines:

Older Iowans on a fixed income might be feeling the inflation pinch harder than most. This year, more of the state’s seniors qualify for breaks when it comes to property taxes.

A bill lawmakers passed expands eligibility for people 70 years and older. The deadline to file a claim with the county’s treasurer is Wednesday, June 1, but each county can decide if they want to extend the time to file. In Polk County, the deadline has been extended until Sept. 30. Residents who are aged 65 or older or 18+ and totally disabled might be eligible for assistance as well.

“The Iowa Department of Revenue’s expansion of the eligibility requirements for the Elderly and Disabled Property Tax Credit will allow some of our most vulnerable citizens to qualify for property tax relief where they previously could not,” Mary Wells, Polk County Treasurer, said.

To qualify, applicants must be an Iowa resident as of Dec. 31 of last year and their household income must fall below the standard.

2021 Household Income Guidelines
for Persons Age 70 and Over

If number of persons in family/household is:

and total household income is less than:

1

$32,200

2

$43,550

3

$54,900

4

$66,250

5

$77,600

6

$88,950

7

$100,300

8

$111,650

For families/households with more than 8 persons, add $11,350 for each additional person.

Source: Polk County

“If people are attempting to stay in their homes, this property tax credit would certainly provide some needed support for them,” Kay Vanags, Aging Resources of Central Iowa, said.

Aging Resources of Central Iowa has a lot of programs that helps out people age 60 and older. Advocates say this change could be a huge relief for many Iowans.

“Anywhere you can cut corners is always helpful so this would be a nice corner to cut I think. Being able to have a little extra money to pay for medication cost,” Vanags said.

People interested in the tax credit must file a claim every year to qualify for maximum benefit.

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