Joined: Sep 2010
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Education Property Tax Credit
12/9/2018 at 11:04 AM
Starting in 2019, the Education Property Tax Credit will be based on school taxes and the $250 deductible will be eliminated. The Seniors’ Education Property Tax Credit will also be based on the school tax portion.
Annual school taxes that are $700 or more will receive the full rebate amount. With the elimination of the deductible, a renter paying $3,500 or more in rent per year will be eligible for the full $700 basic credit.