NOTICE--PTR DEADLINE EXTENDED TO NOVEMBER 1
The deadline for senior and disabled residents to file their 2009 property tax reimbursement (Senior Freeze) applications has been re-extended to November 1, 2010.
As a reminder, only those applicants who received a reimbursement for tax year 2008 and whose 2009 income did not exceed $70,000 (the income limit for 2008) are eligible to receive a reimbursement for 2009, provided you met all the other eligibility requirements. Reimbursements issued for 2009 will be limited to the amount you received for 2008. This means that those who filed 2009 reimbursement applications but did not receive checks for 2008 will not receive checks for 2009, even if you met all the eligibility requirements. Even though you will not get a PTR check for 2009, you have established 2008 as your "base year" for any future reimbursements for which you may be eligible and you will receive a notice advising you of this. It also means that applicants who do receive a PTR check may be receiving less than expected.
Because of the time needed to process the property tax reimbursement (PTR) applications, eligible applicants who filed their 2009 applications after the original June 1 deadline may not have received their checks in the initial mailing earlier this month. Checks for applicants who file their applications after the original deadline will be issued as quickly as possible.
HOMESTEAD REBATE UPDATE
Homeowners should not confuse the Senior Freeze (Property Tax Reimbursement) and Homestead Rebate Programs. They are two distinct property tax relief programs with different eligibility requirements and separate applications.
Applications for the 2009 homeowner rebate will be mailed to eligible homeowners in the fall. The application mailing schedule will be posted as soon as it becomes available.
Tenants will not receive a 2009 rebate. Instead of receiving a check in the summer or fall, eligible homeowners will receive their homestead benefit for 2009 as a credit on the property tax bill for the second quarter of 2011. The filing process remains the same. However, the State Budget mandates that the rebate be calculated using 2006 property taxes.
This information is the most recent update from the state of New Jersey and is subject to change. Any changes or additions will be communicated as they become available.
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