Property Tax Relief
The State of Missouri offers two property tax relief programs for senior citizens and disabled citizens who qualify. Eligible taxpayers can only receive benefits from one program in any year; you cannot qualify for both in the same year. These programs are not administered by the local county assessor; they are administered by the Missouri Department of Revenue. Please research both programs through the Missouri Department of Revenue to determine which is most advantageous to your situation.
Missouri Property Tax Credit Program (Circuit Breaker):
State of Missouri Tax Assistance Center
3237 W. Truman Boulevard , Jefferson City , MO 65109
573-751-7191
Detailed information is available from the Missouri Department of Revenue. You can also contact your CPA or tax professional to make sure of whether or not you qualify for this program. The local county assessor's office is sometimes required to help with paperwork required on large acreage parcels.
To qualify for this program (refund of up to $750) you must:
- Be age 65 or older
- Be an individual under age 65 who is 100% disabled
- Be a U.S. Veteran who became 100% disabled as a result of such service
- AND your TOTAL HOUSEHOLD INCOME, including social security benefits, may not exceed $25,000 for a single individual, or $27,000 for married couples,
- AND you paid real estate taxes OR RENT on the home you occupy.
Filing early (before April) ensures a quicker refund.
Contact the Tax Assisstance Center at (573) 751-7191 for information and forms. Online access to forms is at www.dor.mo.gov/tax/personal/forms .
Homestead Preservation Credit Act Program:
This program offers senior citizens and disabled citizens a credit on property tax on their homes if their taxes increase more than 5% in a reassessment year or 2.5% in a non-reassessment year. It does not affect the assessed value of your property.
To qualify for this program you must:
- Be age 65 or older
- Be an individual under age 65 who is 100% disabled
- AND have Federal Adjusted Gross Income not exceeding $70,000,
- AND own the home you occupy.
You must apply for this credit between April 1st and September 30th . If applying in 2005, a portion of the form must be completed at the local county assessor's office.
Contact the Missouri Department of Revenue at (573) 751-3505 for information and forms. Forms are available online or you can email to homestead@dor.mo.gov .