Tax Deferral For Low-Income And Low-Income Senior Property Owners Application - Goverment Of The District Of Columbia
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3Government of the District of Columbia
TAX DEFERRAL FOR LOW-INCOME AND
Office of Tax and Revenue
LOW-INCOME SENIOR PROPERTY OWNERS
Real Property Tax Administration
4th Street,
APPLICATION
Washington, DC 200
Owner(s):
Application
Reconfirmation
________________________________________________________________
Square
Suffix
Lot
Property Address
Beginning October 1, 2005, you may be eligible for the Tax Deferral Program for Low-Income or Low-Income Senior
Property Owners that permits an eligible low-income owner to defer the increase over the prior year’s real property taxes or
an eligible low-income senior to defer all of the real property taxes. Interest on the deferral accrues up to 8% per annum.
PART I – Tax Deferral for Low-Income Property Owner
To apply for the low-income tax deferral program: 1) you must be a District resident living in your owner-occupied house
or condominium ; 2) the household Adjusted Gross Income (AGI) must be less than $50,000 (aggregate income of all
persons residing in household, excluding tenants); 3) you must file this application for deferral and complete PART I and
PART IV; and 4) if you are 65 years old or older, you must have taken home equity conversion mortgage counseling as
prescribed by the statute. This is a one-time application that applies to the current period and succeeding tax years. Your
aggregate tax deferral amount cannot exceed 25% of the property’s assessed value. You must provide written
notification to us when you no longer qualify for the deferral for any reason.
1.
Yes
No
Do you own and reside in the property?
2.
Yes
Do you own a condominium parking space in the condominium?
No
If YES, complete reverse side (Part III).
3.
Yes
Do you own an additional lot abutting this property?
No
If YES, complete reverse side (Part III).
4.
Yes
Is the total household AGI less than $50,000 (aggregate income of all persons
No
residing in household, excluding tenants) for the prior calendar year?
5.
Please provide the date you moved into the property.
(mmddyyyy)
Yes
6.
Do you file District of Columbia individual income tax returns
No
PART II - Tax Deferral for Low-Income Senior Property Owner
To apply for the low-income senior tax deferral program: 1) you must be a District resident living in your owner-occupied
house or condominium (with no more than 5 dwelling units therein); 2) you must be 65 years of age or older; 3) you must
own at least 50% of the house or condominium ; 4) your household Adjusted Gross Income (AGI) must be less than
$50,000 (aggregate income of all persons residing in household, excluding tenants); 5) you must have taken home equity
conversion mortgage counseling as prescribed by the statute; and, 6) you must file this application for deferral and
complete PART II and PART IV. This is a one-time application that applies to the current period and succeeding tax
years. Your aggregate tax deferral amount cannot exceed 25% of the property’s assessed value. You must provide written
notification to us when you no longer qualify for the deferral for any reason.
1.
Are you 65 years or older?
Yes
No
2.
Please provide your date of birth in the space provided.
(mmddyyyy)
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