Elderly Program Information
THE FILING PERIOD IS FEBRUARY 1ST - MAY 15TH 2024 at 4:00 PM.
2023 GRAND LIST INCOME MAXIMUM LEVELS FOR STATE ELDERLY HOMEOWNERS (EHO) AND LOCAL OPTION FREEZE ARE AS FOLLOWS:
Single: $43,800 Married: $53,400
Includes all taxable & non-taxable income for the 2023 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 above). 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 Social Security Administration, toll free: (800) 772-1213 or on the website at, www.ssa.gov.
You will find publications, forms, and FAQ (frequently asked questions, as well as other information and contacts).
The Social Security Administration is no longer providing form TPQY to recipients for verification of permanent total disability. If needed you MUST request of the Social Security Administration a "BENEFIT VERIFICATION" including date of birth (DOB) AND date of disability or entitlement.
LOCAL OPTION FREEZE PROGRAM
THIS FILING PERIOD IS FEBRUARY 1ST - MAY 15TH 2024 at 4:00 PM.
You cannot apply for the below listed program if you have life-use of your residence.
The 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 2023, 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 than $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 2023 year, including Social Security 1099 and all year-end checking account statements, saving/s accounts, credit union account/s, stocks/shares, bonds, CD’s, IRA/s and 401K/s, and any other form of income you may have, (i.e. rental income).
Single: $43,800 Married: $53,400
Includes all taxable & non-taxable income for the 2023 income year.
- GROSS INCOME - includes but is not limited to Federal total gross income or its equivalent, wages, lottery winnings, taxable pensions, IRA's, interest, dividends, and rental income.
- NON-TAXABLE INTEREST - Interest from Tax Exempt Government Bonds
- SOCIAL SECURITY OR RAILROAD RETIREMENT INCOME - Add Medicare premiums (Attach SSA 1099 to application)
- 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 total gross income and add your Social Security Income and if the total of the two exceed the amounts listed above, 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).
PLEASE ALWAYS READ TO THE BOTTOM OF THE INFORMATION PAGE
Social Security Announces New Online Service for Replacement SSA-1099s
Available to Recipients with a my Social Security Account
For a printable version of these instructions, click on 'SS 1099 Instructions' above.
Carolyn W. Colvin, Acting Commissioner of Social Security, announced the agency is expanding the online services available at www.socialsecurity.gov. Social Security beneficiaries are now able to quickly and easily obtain a replacement SSA-1099 from the agency’s website with a my Social Security account. Social Security sends SSA-1099s each January to everyone who receives Social Security benefits. It shows the total amount of benefits paid in the previous year and is used for tax purposes. Previously, people who lost their SSA-1099 had to call or visit a Social Security office to get a replacement or request one be mailed to them. With this new online service, people now only need to create a my Social Security account, or log into their existing one. Once there, they can view and print their SSA-1099 or request to have a new one mailed to them—all online. In fact, a new my Social Security account is created every six seconds. For more information, please go to www.socialsecurity.gov/myaccount.