Time is running out for Allen County homeowners to claim tax breaks for their property.
Nick Jordan, Allen County Auditor, announced today that applications for deductions must be completed and dated not later than Sunday, December 31, 2017. The forms must then be submitted to his office no later than Friday January 5, 2018, for taxes payable in 2018.
Homeowners who will be at least 65 on or before December 31 should visit the Allen County Auditor website to review the eligibility requirements for receiving the Senior Citizen Property Tax Deduction often referred to as the Over 65 Deduction and the Over 65 Circuit Breaker Credit. The Auditor's Office provides online filing for the Homestead, Mortgage, Senior Citizen, and Blind/Disabled property tax deductions.
It is especially important that those who have built new homes and moved in during 2017 check to make sure that they have applied for all applicable deductions. "We usually see quite a few homeowners that do not have a Homestead Deduction on their newly constructed home because they were claiming the Homestead deduction on their existing residence during the construction process and did not apply for the Homestead deduction on their new home." Jordan said.
Taxpayers do not need to reapply for deductions every year. Once appropriately placed on the property, the deduction automatically stays on the property unless the taxpayer moves. The lone exception is the Mortgage deduction, which must be re-filed if the property is refinanced. Taxpayers who have not moved in the past 24 months and would like to see the property tax deductions currently listed on their property may visit the Allen County Auditor website at www.allencountyauditor.us click the "Public Access Tax Info" link on the left and follow the instructions to access the database.
"Taxpayers should visit our website or contact the Allen County Auditor's office if they have questions or concerns about property tax deductions," said Jordan. "It is important to ensure that taxpayers are receiving all deductions they are eligible for as it may reduce their property tax liability."