Low-income Idaho homeowners have ‘til April 18 to apply for ‘circuit breaker’ tax exemption

Low-income Idaho homeowners who also are elderly, disabled, widowed or former prisoners of war or hostages have until April 18 to apply for a property tax reduction under the state’s “circuit breaker” program. The state Tax Commission says applicants can have 2016 income of up to $29,640 after allowable deductions; and must be U.S. citizens or legal permanent residents. Eligible homeowners must submit an application to their local county assessor; there’s more info online here .

The circuit breaker exemption can reduce property taxes by up to $1,320 on the eligible homeowner’s primary residence and up to one acre of land; the state pays the exempted portion. Last year, more than 27,000 Idahoans qualified for a total of $16.9 million in benefits under the exemption.