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“Circuit Breaker” tax relief program for middle and low-income Mainers opens Aug. 1
August 3, 2011
AUGUSTA - On Aug. 1 applications for refunds of up to $1,600 will become available for property taxes or rent paid in 2010. The state refund program, called “Circuit Breaker,” provides middle and low-income Maine residents with a partial refund of local property taxes and/or rent paid on their primary residence.
“This is an important tax relief program and the process to apply is easy,” said Rep. Ken Theriault, D-Madawaska. “Circuit Breaker helps to money back into the pockets of the elderly, working Maine families and low and middle income Mainers.”
To qualify, an applicant's 2010 adjusted household income must be $64,950 or less ($86,600 for those with spouse or dependents). In addition, an applicant's 2010 property tax must have been more than 4 percent (or rent more than 20 percent) of their 2010 household income. Low-income seniors do not need to meet this requirement.
Nearly 200,000 Maine households may qualify for a partial refund of local property tax assessed and/or rent they paid in 2010, according to Maine Revenue Services.
The application is available online at Maine Revenue Services. Call Maine Revenue Services at (207) 626-8475 for additional information.
Contact:
Jodi Quintero [Theriault], 287-1488