Effective October 1, 2013, the District of Columbia real property Senior/Disabled Deduction income threshold will increase to $125,000 from $100,000.  This benefit reduces real property taxes by 50 percent for property owners who are 65 years old or older, or disabled. 

 

To qualify for the deduction, the property owner must apply for the deduction and own 50 percent or more of the property or cooperative unit. In addition, for Tax Year 2014 (beginning October 1, 2013) the total federal adjusted gross income of everyone living in the property or cooperative unit, excluding tenants, must be less than $125,000 for the 2012 income tax filing (due April 15, 2013). 

 

Owners of properties receiving these tax benefits are responsible for notifying OTR when eligibility ceases. Written notice, including the square and lot of the property, or a completed Cancellation of Homestead Deduction – Senior Citizen Tax Relief form, must be sent within 30 days of a change in ownership or owner-occupancy status.

 

To obtain a copy of the Homestead Deduction and Senior Citizen/Disabled Property Tax Relief Application, FP-100, or cancellation form, please visit www.taxpayerservicecenter.com under “Tax Forms and Publications.”

 

For additional information, please contact the Office of Tax and Revenue’s Customer Service Administration at (202) 727-4TAX (4829).