Property Tax Refunds & Programs

Property Tax Refunds & Programs

The regular property tax refund provides relief to property owners who meet certain guidelines. For 2004, homeowners who adjusted gross incomes were less than $85,210 and renters less than $45,970 are eligible for the program.

The special refund program offers relief to property owners, regardless of income, whose taxes increased by more than 12 percent from 2004 to 2005 and by at least $100.

For more information on property tax refunds, contact the Minnesota Department of Revenue at 651-296-3781 (TDD 651-297-2196).

Senior Citizens Property Tax Deferral

This program allows people 65 years of age or older whose household incomes are $60,000 or less to defer a portion of their homestead property taxes. The deferred tax is a loan from the state. While in this program, you will pay no more than 3 percent of your household income toward your property taxes and the state will pay the rest. You or your heirs will need to repay the deferred amount before you can transfer title of the property.

A property may qualify even if there are unpaid special assessments or property taxes, penalties or interest. For more information, call the Minnesota Department of Revenue at 651-296-0335.