Elderly Tax Credits
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, own the home and meet certain income limits for single or married. Applicants must provide the required documentation at the time of filing. The income limits are available every December.
However, if you are 100% disabled and receiving Social Security Disability payments, you may also qualify for the program.
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 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 – Rte. 202
Torrington, CT 06790
Phone: 860-480-1633
Toll free: 800-772-1213
You will find publications, forms, and FAQs (frequently asked questions, as well as other information and contacts.
*********Local Option Freeze Program********
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. 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’s and all 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). You CAN NOT apply if you have life-use of your residence.
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