| To Qualify: |
1) Property must be owner
occupied by the senior citizen on January 1st of the application year.
2) Property must be a residential single family home, town home, or
condominium.
3) Property owner must be 65 years of age or older by June 1st of
the application year.
4) Total household income must not exceed $50,000 in the
year prior to the application year.
5) Property must not have any delinquent real estate taxes.
6) Application must be filed no later than February 28th
of the application year. |
Documents
Needed: |
a) Property deed or Title
Insurance Policy (Name of senior citizen must appear on this document).
b) Birth Certificate or Drivers License showing proof of age.
c) Income information from prior year that includes Social Security
Statement, 1040 Income Tax Form (if filed) 1099 forms, pension &
annuity statements for all household residents.
Documents must prove total household income does not exceed $50,000.
d) Paid receipt showing proof of payment for property insurance.
e) Application forms must be signed by senior citizen and notarized
by a public notary. |
| Process: |
There are two different
application forms to be completed, signed, notarized, and filed with
the DuPage County
Treasurer's Office. These forms are available from the Treasurer's
office or our office. The applicant must file
for this deferral program directly with the Treasurer's office on
a yearly basis. |
| Effect: |
The senior deferral program
does not reduce your property taxes, however, it allows the senior
to defer paying the taxes until the senior no longer owns and occupies
the property. Property taxes can be deferred every year but total
deferred amount cannot exceed 80% of the senior's equity in the property.
Click for estimate of property tax savings. |
| Questions ?: |
Call our Taxpayers Service
Department at 630-529-6927 |
