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Property tax, rent rebate program applications available
AUGUSTA - Applications for refunds of up to $1,600 are now available for property taxes or rent paid in 2010.
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.
“With fuel and food prices rising, I hope that people will take advantage of this valuable tax relief program,” said Rep. Matt Peterson, D-Rumford.
To qualify, an applicant's 2010 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 2010 household income. Low-income seniors do not need to meet this requirement.
Nearly 200,000 Maine households may qualify for a partial refund of local property tax assessed and/or rent they paid in 2010, according to Maine Revenue Services.
The application is available online at http://www.maine.gov/revenue/forms/tnr/tnr.htm. Call Maine Revenue Services at 626-8475 for additional information.
“Many low and middle income Mainers are not aware that they qualify for this program,” said Rep. Sheryl Briggs, D-Mexico.
“This program provides much needed tax relief to renters and homeowners and the elderly and Maine families should all apply.”