Thursday, July 6, 2017

Tennessee Property Tax Relief

Tennessee Comptroller of the Treasury -- Property Tax Relief Program- https://www.comptroller.tn.gov/pa/patxr.asp

•    Elderly Homeowner
•    Disabled Homeowner
•    Disabled Veteran
•    Homeowner
•    Widow(er) of Disabled
•    Veteran Homeowner

What Are The Eligibility Requirements?
 

ELDERLY HOMEOWNER
MUST BE 65 by 12/31/2016 and must provide evidence of age if you do not draw social security or if disability is not through social security. Must own home and use as primary residence. Maximum income for applicant, spouse and all owners of property $29,180. Maximum market value on which tax relief is calculated $23,500.

DISABLED HOMEOWNER
Must own home and use as primary residence. Maximum income for applicant, spouse and all owners of property $29,180. Maximum market value on which tax relief is calculated $23,500. Must be totally and permanently disabled -- Must have been rated totally and permanently disabled by Social Security Administration or other qualified agency on or before December 31, 2016.

DISABLED VETERAN HOMEOWNER
Must own home and use as primary residence. Maximum market value on which tax relief is calculated $100,000. Must be totally and permanently disabled—Your disability must meet one of the following categories:

A service-connected disability that resulted in:
•    Paraplegia OR
•    Permanent paralysis of both legs and lower part of the body resulting from traumatic injury or disease to the spinal cord or brain; OR
•    Loss, or loss of use of, two (2) or more limbs; OR
•    Legal blindness
•    A total and permanent disability rating from a service-connected disability.
•    A 100% total and permanent disability rating from being a prisoner of war.

WIDOW(ER) OF DISABLED VETERAN HOMEOWNER
Must own home and use as primary residence. Maximum market value on which tax relief $100,000. Property tax relief shall also be extended to the surviving spouse of a disabled veteran who at the time of the disabled veteran’s death was eligible for disabled veterans’ property tax relief. If a subsequent amendment to the law would have made the deceased veteran eligible, then property tax relief shall also be extended to the surviving spouse. One of the above categories must be met; OR

•    Death resulting from (1) a service-connected, combat-related cause or (2) KIA (combat-related).
•    Death resulting from being (1) deployed, (2) away from any home base of training, and (3) in support of combat or peace operations.
•    *Must provide a copy of spouse’s death certificate.
•    *Must provide a form of personal ID such as your social security card, or driver’s license.
•    *Surviving spouse MUST have been married to the veteran at the time of death and NOT have remarried to be eligible.

For more information contact:
Kim Darden, Property Tax Relief Program Supervisor
Division of Property Assessments
505 Deaderick Street
Suite 1700, James K. Polk State Office Building
Nashville, TN 37243-1402
Phone (615) 747-8858
Kim.Darden@cot.tn.gov