More than a thousand Idaho citizens can claim a rebate worth as much as $1,000. As part of the Boise, Idaho budget, $1.2million has been allocated towards a tax rebate program.
According to the city, this will apply to those who are eligible for the state’s Circuit Breaker Program.
Who is eligible?
Also known as the Property Tax Reduction program, you must meet some requirements, according to the Idaho State Tax Commission.
The state of idaho is giving people a $300 tax rebate because of inflation but, like, isn’t that just going to make inflation worse? pic.twitter.com/w57UjhOrvK
— Ben Dreyfuss (@bendreyfuss) October 23, 2022
You may qualify if all of the following apply:
- Idaho resident
- Value of a home less than $800,000
- Total income after deducing medical expenses is no more than $32,230
Also, you may qualify if you are in any of the following groups as of January 1, 2022:
- At least 65 years old
- Former prisoner of war (POW) or hostage
- Blind
- Window or widower
- A child without a father or a mother who is under 18
- Have a disability that’s recognized by the Social Security Administration or a public employee retirement system such as Railroad Retirement Board
But the city of Boise is developing its rebate program, according to local news outlet BoiseDev.
The same qualifications for the state program will apply, with those eligible set to get an application in the mail in December.
The deadline to apply is May 2023.
They can apply for up to $1,000 off their property tax bill.
About 1,200 residents in Boise will qualify.
The U.S. Sun reached out to Idaho’s Tax Commission to see how many are eligible to apply.