The State of Connecticut offers a state run Elderly Tax Benefit known as the Circuit Breaker. It is for eligible real estate taxpayers within the Town of East Lyme. To apply, you must have reached the age of 65 prior to December 31, 2020 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 2020.
The new income limit, including GROSS income and Social Security:
$45,800 for married couples and
$37,600 for single persons.
LOCAL TAX CREDIT OPTION:
Also, the Town of East Lyme provides on Additional Tax Relief for elderly and totally disabled homeowners. The new income limit, including GROSS income and Social Security is
$45,800 regardless of marital status. For further information, contact the Assessor’s Office at the Town Hall.
Filing dates for the above programs are February 1, through May 15, 2021.
Please note, due to COVID-19 restrictions, if you are already on the program, you do not need to re-apply this year. You will be automatically renewed and will not have to reapply until 2023. Anyone new will need to contact the Assessor’s Office to an appointment and you will be met outside.
The Town Hall is currently closed to the public. There is also a Veteran’s Exemption that is available. For more information, contact the Assessor’s Office.