Property Tax Deferral for the Elderly or Disabled

State

Washington

Year

2021

Variations in Receipt of Benefit

No Variation in Receipt of Benefits

Benefit Type

Deferral

Benefit

Eligible homeowners may defer payment of property tax or special assessments. The deferred amounts may not exceed exceed 80% of the claimant's equity in the residence.

How is Benefit Disbursed

Other

Eligible Property Type

Residential

Characteristics of Eligible Property

Eligibility is limited to the applicant's place of residence.

Eligibility Criteria

Age

Disability

Homeowner

Income Ceiling

Principal Residence

Surviving Spouse

Other Criteria

Description of Eligibility Criteria

Claimant must be age 60 or older or retired due to disability. A surviving spouse, domestic partner, heir, or devisee can keep the deferral if they are 57 or older and meet other criteria. Participant must have occupied their residence for more than 6 months each calendar year. Income threshold for the years 2020 -2024 is the greater $45,000 or 75% of the county median household income. The income threshold will be adjusted every five years, based on each county's median income or the growth in the consumer price index for all urban consumers for the prior 12 months. In no case can the adjustment be greater than 1%.

State Funding for Local Tax Loss

State reimburses all of the local government tax loss

Description of State Funding for Tax Loss

The Department of Revenue holds the lien for each deferral with each taxing district receiving the amount of taxes deferred.

Record ID

WA104_RR21

Footnotes

The claimant must have fire and casualty insurance that names Washington State Department of Revenue as "loss payee". The deferral becomes a lien on the house and is due when the property is sold, the owner passes away, or they are no longer fulfill eligibility requirements. The interest rate on the deferral is 5%.

Sources

Wash. Rev. Code § f ~ 84.38.160 (in effect for 2021)
Washington Department of Revenue, Property Tax Deferral for Senior Citizens and Disabled Persons, (2021)
[ https://dor.wa.gov/sites/default/files/2022-02/PTDeferral_SeniorsDisabilities.pdf?uid=6262d8decdc6f Accessed on 04/24/2022]
View Archived Source

Washington Department of Revenue, Income Thresholds for Senior Citizens and Disabled Persons Exemptions and Deferral for Tax Years 2020-2024
[https://dor.wa.gov/sites/default/files/legacy/Docs/Pubs/Prop_Tax/IncomeThres_20-24.pdf Accessed on 04/24/2022]
View Archived Source
2019 Wash. Sess Laws C. 453

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