Friday, January 23, 2015

Missouri Property Tax Credit

BATES COUNTY, Mo – Roger Pruden, Assessor of Bates County, would like to inform senior citizens and disabled persons with limited incomes about a program that offers property tax relief.


The Missouri Property Tax Credit (MO-PTC) provides refunds of income tax credits for a portion of the real estate taxes or rent paid and total household income. “Rent” includes money paid for a home, a room in a nursing home, an apartment, or a mobile home unit.


Under MO-PTC, more commonly known as “circuit breaker”, a person may receive a credit or refund up to $1,100. Residents of a facility that is exempt from property tax do not qualify for the tax credit.


To qualify for this program an individual or individual’s spouse must either:

• Be 65 years of age or older as of December 31st of the tax year,

• Be 100% disabled or a disabled veteran, or

• Be 60 years of age or older on or before December 31st of the tax year and have received surviving spouse social security benefit.


The household income for “a married filing combined” must be $34,000 or less and $29,500 or less for all single applicants and that property tax or rent for the tax year in question was paid on the primary residence.



Missouri Property Tax Credit

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