Property Tax Relief Circuit Breaker Program

Program provides state-funded tax credit to senior and disabled homeowners and renters whose property taxes exceed between 3% and 6% of their household income. For renters, property tax is calculated at 20% of annual rent.  The maximum credit is $400 for 2020. Who Qualifies? For Tax Year 2020: Homeowner/renter must be a senior (over age 65) or disabled (receiving a …