Senior Citizen Property Tax Refund Credit

Arizona

2017

Benefit Varies with Income

Circuit Breaker

The benefit is a refundable credit to income tax bill for property taxes accrued or rent, or both, paid in that taxable year. For benefits based on 2016 tax year, the benefit is determined by 21 income brackets with maximum relief ranging from $502 for income less than $1,751 (living alone) or $2,501 (living with spouse/dependents), to $56 if income is $3,651-$3,750 (living alone) or $5,351-$5,500 (living with spouse or dependents). The maximum benefit cannot exceed the property tax bill or the designated rent. The landlord designates the percentage of rent attributable to property taxes.

Credit to the income tax bill

Residential

Only homesteads are eligible for this benefit. "Homestead" means the principal dwelling, whether owned or rented by the claimant. "Homestead" may also include a mobile home and the land upon which it is located.

Age

Homeowner

Income Ceiling

Principal Residence

Renter

Other Criteria

To be eligible the resident must have attained the age of 65 prior to or during the taxable year or must receive supplemental security income (SSI) payments. The individual must have paid either property taxes or rent during the taxable year and been a resident of the state for the whole year, 2016 The maximum household income is $3,750 for individuals and $5,500 for married couples or, those that live with others regardless of marital status. Income is based on salary and wages and retirement income as well as income from business sources. Income does not include social security benefits or other government benefits, such as veteran's disability payments.

Local government is unable to exercise an option

No local option regarding program features

State reimburses all of the local government tax loss

The state provides the benefit directly to the taxpayer through the income tax.

AZ103_RR17