“Circuit Breaker” tax relief program
August 10, 2012
AUGUSTA - On Aug. 1 applications for refunds of up to $1,600 became available for property taxes or rent paid in 2011. 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 excellent rebate that has provided real relief to Maine families struggling with high property taxes,” said Rep. Ralph Chapman, D-Brooksville. “In my district alone it puts over $130,000 back in local pockets, and as we head into another heating season, I don’t know anyone who couldn’t use a few extra dollars in their pocket.”
To qualify, an applicant's 2011 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 2011 household income. Low-income seniors do not need to meet this requirement.
“I encourage everyone who is eligible to apply,” said Rep. Walter Kumiega, D-Deer Isle. “Nearly half the taxpayers who are eligible fail to apply for their refund. Five or ten minutes work could save you hundreds in taxes.”
Nearly 200,000 Maine households may qualify for a partial refund of local property tax assessed and/or rent they paid in 2011, according to Maine Revenue Services.
The application is available online at Maine Revenue Services or call at 626-8475 for additional information.
Jodi Quintero [Chapman, Kumiega], 287-1488