Current Year (2012) Property Tax Reimbursement. The 2012 PTR applications are expected to be mailed in late February.
The format of the 2012 property tax reimbursement application has changed. Applicants must complete the entire application and sign on the last page. Read all instructions carefully. The method of reporting pension and retirement benefits (including IRA and annuity income) for property tax reimbursement purposes has changed as a result of a recent court decision.
View information about the 2012 Property Tax Reimbursement (Senior Freeze) Program
2011 Property Tax Reimbursement. Under the terms of the State Budget for FY 2013, only those applicants whose income for 2010 did not exceed $80,000 and whose income for 2011 did not exceed $70,000 (the original limit was $80,000) were eligible to receive reimbursements for 2011 provided they met all the other program requirements. The Division of Taxation sent notices to applicants whose 2011 income was over $70,000 but not over $80,000 advising them that they were not eligible to receive reimbursement payments for 2011.
Residents whose 2011 income was over $70,000 but not over $80,000 did not receive reimbursements for 2011, even if they met all the other program requirements. However, by filing a 2011 application by the due date, these residents established their eligibility for benefits in future years.
Eligibility requirements, including income limits, and benefits available
under this program are subject to change by the State Budget.