property tax deduction 2008
Property Tax Assistance for Senior Citizens?
Just wondering what programs are available for seniors to get help property taxes. A nationally or in New Jersey. My mother said the city has to wait until she is 67 to be eligible for a deduction of $ 250 per year. Given that their 2008 taxes are $ 8,700 and make up a year, this is a pathetic less than 3% discount. In addition, she is not eligible this year. Just make $ 25k per year and just hit 65 - not to mention you still have to pay a mortgage on the house at this time. Now she has to work so we are looking for any help you may qualify for help right now to hang on until you reach 67 and are eligible to receive a little more social security. I welcome any help / ideas / suggestions you may have. * At this time, moving is not an option. But she intends to move once the market picks up and she is able than to withdraw.
Nationally, none. Many states have programs for people who qualify, often using age and income. Visit this site and see if you find something that might help: http://www.state.nj.us/treasury/taxation/index.html?relief.htm ~ mainFrame
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Tagged with: 179 • 2008 • irs • irs property tax deduction 2008 • property tax deduction 2008 • section_179_expense_deduction • tax
Filed under: Tax Deductions
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