Homestead Tax Credit - - Bismarck/Minot/Williston/Dickinson-KXNEWS,ND

Homestead Tax Credit

Homestead Tax Credit

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A program which gives tax relief to seniors and those with disabilities is getting a push from the tax department.

North Dakota's Tax Department is spending around 15 thousand dollars to promote the program.

Media advertisements will begin this week informing state residents of changes to the homestead tax credit program.

The homestead tax credit is now available for any homeowner who is disabled or 65 years of age or older making less than 42 thousand dollars annually.

The annual earning amount was 26 thousand before legislature increased the amount.

The value of assets allowed under the program was also increased from 75 thousand to 500 thousand.

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