FEBRUARY 1, 2012 THOUGH MAY 15, 2012
2011 GRAND LIST INCOME MAXIMUM LEVELS FOR STATE ELDERLY HOMEOWNERS, STATE FREEZE AND LOCAL OPTION FREEZE ARE AS FOLLOWS:
SINGLE $32,300 MARRIED $39,500 Includes all taxable income for the 2011 income year.
**********ELDERLY TAX CREDITS (EHO)**********
The Elderly Homeowner Tax Credit Program is State offered, however the application process is administered through the Assessor's office. The program has income and age requirements. The applicant must be the October 1, owner, must be age 65 by December 31st in the Grand List year, and meet certain income limits for single or married, (income listed below). Applicants must provide the required documentation at the time of filing. The income limits are available in the Assessor's office every December.
However, if you are not 65 and you are 100% disabled and receiving Social Security Disability payments, you may also qualify for the program, based on income eligibility.
The filing period for this program is February 1st, through May 15th of every year. Applications are available in the Assessor's office. If you are currently on the program, you will be notified by mail when it is time to refile. For further information regarding the program, contact the Assessor's office, (860) 489-2222
For Social Security records and/or information contact our local office:
Social Security Administration at Coe Park
147 Litchfield Street – Re. 202
Torrington, CT 06790
Phone: 860-480-1633
Toll free: 800-772-1213
You will find publications, forms, and FAQ (frequently asked questions, as well as other information and contacts).
*********LOCAL OPTION FREEZE PROGRAM********
You CAN NOT apply for the below listed program if you have life-use of your residence.
Beginning October 1st 2006 the new local-option Elderly Freeze Program filing period is February 1st to May 15th annually. This program allows for a freeze of the current tax. In order to qualify, the applicant must be age 70 by December 31st, own and reside in a dwelling in the City of Torrington as of October 1st of the previous year, and have a limited income and an asset limit of no more then $125,000. Please note, your Torrington primary residence is NOT included in the asset limit. Income guidelines are the same as the Elderly Homeowners Program and change annually.
Applicants must apply in person and bring with them all forms of income for the previous year, including Social Security 1099 and all year end checking account balances, saving/s accounts, credit union account/s, stocks/shares, bonds, CD’s, IRA/s and 401K/s, an any other form of income you may have, (i.e. rental income).
Income for both programs listed above:
a. GROSS INCOME - includes but is not limited to Federal Adjusted gross income or it's equivalent, wages, lottery winnings , taxable pensions, IRA's, interest, dividends, and rental income.
b. NON-TAXABLE INTEREST - Interest from Tax Exempt Government Bonds
c. SOCIAL SECURITY OR RAILROAD RETIREMENT INCOME - Add Medicare premiums (Attach SSA 1099 to application)
d. ANY OTHER INCOME NOT REFLECTED IN THE ABOVE - Examples: Federal Supplemental Security Income, State of Connecticut public assistance payments, Veteran's Disability Pensions, and any other income not listed above.
A quick check for eligibility if you are not sure; if you are required to file a 1040 Tax Return with the Federal Government, use your adjusted gross income and add your Social Security Income and if the total of the two exceed the amounts listed below, then you are not eligible. (However; the safest way to ensure you receive the most accurate information is to contact the Assessor's Office. 860 489-2222.)
| 
