Social Security Disability Circuit Breaker

Here s a tax credit just for you.

Social security disability circuit breaker. Tax tips for seniors and retirees in our continuing effort to make filing and paying taxes as easy as possible the department of revenue s annual tax tips for seniors and retirees is a great resource to assist you in completing your tax return and ensure that you. The property tax reduction circuit breaker program reduces property taxes for qualified applicants. To claim the credit you must attach form mo pts property tax schedule to your state tax return. Living on social security.

Missouri s circuit breaker program is a state tax credit for low income seniors and certain disabled persons. The amount of reduction is based on total household income for the previous calendar year. Eligibility is determined by age disability residency and income. A credit of up to 750 for renters and 1 100 for homeowners as of 2014 offsets a portion of the rent or property taxes they pay during the year.

Another great resource is the senior circuit breaker tax credit video tutorial. I received my circuit breaker through the mail however i have a direct express ssi card will my stimulus payment hit on my card of a check. Social security retirement disability ssdi supplemental security income ssi or survivor benefits. Benefits for seniors and persons with disabilities such as a fee discount on license plates and free rides on fixed route transits.

The illinois benefit access program formerly called the illinois circuit breaker provides benefits for seniors and persons with disabilities such as a fee discount on license plates and free rides on fixed route transits. 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. To qualify a person with a disability must 1 submit proof of disability from the social security administration 2 own the home or have life tenancy in it and reside there and 3 have an income below specified levels.