Homeowners who are 65 years of age or older or who are permanently and totally disabled may be entitled to a property tax credit. Qualifications include an annual income less medical expenses of $42,000 or less (including Social Security and pensions) and assets of $500,000 or less (including homestead value). The applicant may receive a credit up to $100,000 True and Full Value of the homestead.
In addition, the homeowner may qualify for a special assessment credit which becomes a lien against the property and must be repaid when the property is sold.
For additional information and applications, please contact your local assessor or the Cass County Director of Equalization office.
Renters may also be entitled to a rent refund under this program. Those who qualify may receive rent refunds up to $400 if 20% of the rent they pay exceeds 4% of their income. Renters apply to the Office of State Tax Commissioner for this refund and applications are available from their office or on their website.
Additional information on the program is also available at the State Tax Commissioner's website.