Variations in Receipt of Benefit
Benefit Varies with Income
The tax credit is determined according to seven brackets based on income. For homeowners and renters, the maximum relief for 2018 benefit (based on 2017 income) is $984. The maximum credit for the 2019 benefit (Based on 2018 income) is $1,015. For renters, relief declines from 9.5% of rent to 2.5% of rent as income rises. The benefit is disbursed as a property tax credit for homeowners and as a direct rebate for renters. Homeowner applicants are also eligible for an additional exemption equal to a credit for the tax on 20 percent of the home's fair market value. The application for the credit must be filed by September 1st with the county. Homeowner's applying for the credit file through the county where the property is located and renters filing for the program file with the State Tax Commission.
How is Benefit Disbursed
Credit to the property tax bill
Eligible Property Type
Characteristics of Eligible Property
Only residential property is eligible for this program.
Description of Eligibility Criteria
Homeowners, mobile homeowners and renters must have 2018 income that is less than $33,530 to qualify for the 2019 benefit. 2017 income that is less than $32,738 to qualify for the 2018 benefit. Applicants must be 65 or older if born on or before December 31, 1942. They must be 66 if born between 1943 and 1959 and 67 if born on or after January 1, 1960. Surviving spouses of any age are also eligible if they meet all of the other program requirements and were a part of the same household as the original claimant at the time of their death. The surviving spouse must not remarry. The benefit cannot be claimed if the claimant is a personal exemption on another person's income tax return. For homeowners, the application must be filed annually with the county by September 1. The Taxpayer Access Point (TAP) System for application submission is open from mid-April through 31 December annually. This is the fastest way to process a refund. All applications must be submitted before December 31 and can be submitted by mail, by fax, or in person.
Local Option in Adoption of Program
Local government is unable to exercise an option
Local Option Regarding Program Features
No local option regarding program features
State Funding for Local Tax Loss
State reimburses all of the local government tax loss
Description of State Funding for Tax Loss
For renters, the applicant files directly with the State Tax Commission and it mails a payment directly to the applicant. For homeowners, the applicant files with the county. The county grants the credit and is reimbursed by the state.
2018 Utah State Tax Commission Property Tax Relief Summary Table [https://propertytax.utah.gov/media/tax-relief.pdf Accessed 02/11/2019] View Archived Source
2018 Utah State Tax Commission Publication 36 Property Tax Relief Programs for Individuals [https://tax.utah.gov/forms/pubs/pub-36.pdf Accessed 02/11/2019] View Archived Source
Utah State Tax Commission Circuit Breaker Homeowners Tax Credit Website (2018) [https://tax.utah.gov/circuitbreaker/tax-credit Accessed 09/25/2018] View Archived Source
Utah State Tax Commission Renter Rebate (Circuit Breaker) Tax Credit Website (2018) [https://tax.utah.gov/circuitbreaker/renter-refund Accessed 09/25/2018] View Archived Source