.
The deadline for filing the 2009 Homestead Benefit application has been extended from November 1, 2010, to January 3, 2011.
The application is filed with online or via telephone.
“New Jersey residents who owned a home that was their principal residence on Oct. 1, 2009, and paid property taxes on that home, will qualify for a Homestead Benefit, provided their 2009 New Jersey gross income was $75,000 or less, or if they are senior or disabled homeowners and their 2009 New Jersey gross income was $150,000 or less.”
There is no more Homestead “Rebate”. It is now a Homestead “Benefit”. Those who qualify will not receive checks from Trenton in 2010. Instead they will/should receive a direct credit against their 2011 actual real estate tax bill which will probably show up in the 2nd quarter. This is “more better” – and how it should be.
More information on the “benefit” is available on the NJ Division of Taxation website.
The application is filed with online or via telephone.
“New Jersey residents who owned a home that was their principal residence on Oct. 1, 2009, and paid property taxes on that home, will qualify for a Homestead Benefit, provided their 2009 New Jersey gross income was $75,000 or less, or if they are senior or disabled homeowners and their 2009 New Jersey gross income was $150,000 or less.”
There is no more Homestead “Rebate”. It is now a Homestead “Benefit”. Those who qualify will not receive checks from Trenton in 2010. Instead they will/should receive a direct credit against their 2011 actual real estate tax bill which will probably show up in the 2nd quarter. This is “more better” – and how it should be.
More information on the “benefit” is available on the NJ Division of Taxation website.
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