Missouri Property Tax Credit
Missouri Property Tax Credit
The Missouri Property Tax Credit Claim gives credit to certain senior citizens and 100 percent disabled individuals for a portion of the real estate taxes or rent they have paid for the year. The credit is for a maximum of $750 for renters and $1,100 for owners who owned and occupied their home. The actual credit is based on the amount of real estate taxes or rent paid and total household income (taxable and nontaxable).If you rent from a facility that does not pay property taxes, you are not eligible for a Property Tax Credit.
Are you eligible??
Renters / Part-Year Owners - If single, is your total household income $27,200 or less? If married filing combined, is your total household income $29,200 or less? If you are a 100 percent service connected disabled veteran, do not include VA payments
Owned and occupied your home the entire year - If single, is your total household income $30,000 or less? If married filing combined, is your total household income $34,000 or less? If you are a 100 percent service connected disabled veteran, do not include VA payments
Note: Your home or dwelling is the place in which you reside in Missouri, whether owned or rented, and the surrounding land, not to exceed five acres, as is reasonably necessary for use of the dwelling as a home. A home may be part of a larger unit such as a farm or building partly rented or used for business.
Were you or your spouse 65 years of age or older as of December 31, 2021 and a Missouri resident the entire 2021 calendar year?
Are you or your spouse 100 percent disabled as a result of military service?
Are you or your spouse 100 percent disabled?
Were you 60 years of age or older as of December 31, 2021 and receiving surviving spouse social security benefits?
Detailed instructions, forms, and charts can be found at: http://dor.mo.gov/forms. https://dor.mo.gov/forms/MO-1040P%20Instructions_2021.pdf