SENIOR & DISABLED HOMEOWNERS’ TAX RELIEF and Local Tax Credit Option

SENIOR & DISABLED HOMEOWNERS’ TAX RELIEF

The State of Connecticut offers a state run Elderly Tax Benefit known as the Circuit Breaker. It is for eligible real estate taxpayers with the Town of East Lyme. To apply, you must have reached the age of 65 prior to December 31, 2018 or be totally disabled if under the age of 65. You are applying for a credit on the taxes due on your primary residence in East Lyme. Under the law, Social Security income MUST be declared and the program requires you to provide information regarding all GROSS income received during 2017. The new income limit, including GROSS income and Social Security: $43,900 for married couples and $36,000 for single persons.

LOCAL TAX CREDIT OPTION:

Also, the Town of East Lyme provides on Additional Tax Relief for elderly and totally disabled homeowners. For further information, contact the Assessor’s Office at the Town Hall.

Filing dates for the above programs are February 1, through May 15, 2019.

Applications available at the Assessor’s Office in the East Lyme Town Hall. There is also a Veteran’s Exemption that is available. For more information, contact the Assessor’s Office.