REAL PROPERTY TAX CREDIT DEADLINE: SEPTEMBER 30, 2009

The City and County of Honolulu is reminding Oahu homeowners that real property tax credit applications for the tax year 2010 - 2011 are due by Wednesday, September 30, 2009.  Tax Relief staff will be available in the Honolulu Hale courtyard on September 30, from 7:45 a.m. to 4:30 p.m., to assist those applying for the tax credit.  Applications must be filed annually to receive tax credits.  For more information, please call the Tax Relief Section at 768-3205.

Property owners may qualify for a real property tax credit if (1) the amount by which the real property taxes owed for the property exceeds 4 percent of the combined income of all titleholders of the property, or (2) if any qualifying property owner is 75 years of age or older, on or before June 30, 2010, the amount by which the real property taxes owed for the property exceeds 3 percent of the combined income of all titleholders of the property.

Applicants may be eligible for the tax credit if they meet all of the following requirements:

·       They have a home exemption on their property at the time of application and during the tax year 2010-2011.

·       The combined income of all title holders of the property does not exceed $50,000.

·       None of the titleholders on the property owns any other real property anywhere.

Application forms for the real property tax credit are available at the following locations:

·       Satellite City Halls.

·       Treasury Division, Honolulu Hale, 530 South King Street, Room 115.

·       Tax Relief Section, 715 South King Street, Room 505.

·       On-line at www.honolulu.gov/budget/homeownerscredit2010.pdf

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Media contact: Department of Budget and Fiscal Services Director Rix Maurer, 768-3901