Illinois has a few great options aimed directly at helping senior homeowners living within its boundaries.
One of those beneficial options, called the Senior Citizen Real Estate Property Tax Deferral Program, allows property tax relief to Illinois residential property owners 65 and over. In order to be eligible for this particular program, a senior must own property within the State of Illinois and have an income under $50,000 for the tax year.
This property tax deferral program allows individuals that fall within that perameter the opportunity to defer 1% to 100% of their property taxes at 6% simple interest. This deferrment may be taken until the sale of the property or the death of the taxpayer.
Application must be made before March 1st through the State of Illinois's Senior Citizen Real Estate Property Tax Deferral Program.
Information regarding this program can be obtained through the Will County Treasurer's (Pat McGuire) Office located within the Will County Office Building at 302 No. Chicago Street, Joliet, Illinois.
Applications and info may also be obtained by calling the Treasurer's office at: 815.740.4691 or visiting their website at: www.willcountytreasurer.com. Downloadable applications and informational brochures are available within the website and found under the lefthand menu at Senior Citizens.
The Treasurer and his entire office is asking all Will County residents to help a friend, a family member, or a neighbor to be aware of this tax deferral program and all programs available to Will County senior homeowners ... and to step-up and assist those seniors in taking advantage of them, if need be.
Comments (7)Subscribe to CommentsComment