North Dakota’s Homestead Property Tax Credit Program will now be more open for eligible residents as its deadline is extended by the Tax Commissioner.
Extended Deadline For The Homestead Property Tax Credit Program
The deadline to apply for the North Dakota Homestead Property Tax Credit program has been extended to March 31, 2024, by the Tax Commissioner. Eligible residents of the North Dakota Homestead Property Tax Credit program can qualify for a property tax credit based on income.
Changes to the North Dakota Homestead Property Tax Credit program include an increase in the maximum allowed income level to $70,000 and a maximum reduction of the homeowner’s taxable value to $9,000.
Requirements of the North Dakota Homestead Property Tax Credit program include being 65 years or older, disabled, owning and occupying the property, and having an income of less than $70,000.
According to a published article by SmartNews, for more details on the North Dakota Homestead Property Tax Credit program, visit www.tax.nd.gov/homestead. The North Dakota Homestead Property Tax Credit program aims to provide tax relief to seniors and disabled individuals.
Ample Time And Opportunity
A published article by The Bismark Tribune states that qualifying homeowners can receive a credit worth up to $9,000. The extension offers eligible residents a good chance to apply and benefit from the program.
Residents who meet the criteria should not miss out on this valuable opportunity to save money on their property taxes. With up to $9,000 in credits available, homeowners can significantly reduce their financial burden.