Tax deferrals deadline is April 15


Friday, March 27, 2009 | No comments posted.

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April 15 is the filing deadline for senior and disabled Oregonians to file for property tax deferral programs.

Bram Ekstrand, Oregon Department of Revenue's deferral program manager, said in a press release these programs are designed to help low-income seniors and people with disabilities continue living in their homes.

"Both deferral programs allow qualified taxpayers to defer payment of their property taxes. The state pays the taxes to the county, maintains the account, and charges 6 percent simple interest, which is also deferred," Ekstrand said.

The state places a lien on the property. The lien is paid when the taxpayer sells the property, permanently moves off the property - other than for short-term health reasons - or if the property changes ownership. A surviving spouse may continue on the deferral program if he or she qualifies.

To qualify for either program, the property must be the taxpayer's main residence. They must have a deed or recorded sales contract. Annual household income must be less than $39,000 for the year before they apply. Participants may stay on either program as long as their federal adjusted gross income is not more than $39,000.

If a participant's household income goes over the limit, the department may defer a portion of the property tax.

To qualify for the Disabled Citizen Property Tax Deferral Program, the income and property-ownership requirements must be met. The homeowner also must be receiving or be eligible to receive federal Social Security Disability benefits.

To qualify for the Senior Citizen Property Tax Deferral Program, the income and property-ownership requirements must be met, and the homewoner be at least 62 years old by April 15.

Applications and information are available at the county assessor's office or the Oregon Department of Revenue's Web site, www.oregon.gov/DOR/SCD, by calling 1-800-356-4222 (toll-free from an Oregon prefix); 503-378-4988 (Salem and outside Oregon); or e-mail, questions.dor@state.or.us. For TTY (hearing or speech impaired), call 1-800-886-7204. Because of the volume of calls the department receives during tax season, callers may experience extended waiting times.
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