If the portion of rent attributable to the assumed property taxes exceeds a fixed amount in relation to income, the renter can, under specified conditions, receive a credit of as much as $1,000. The plan is based upon the relationship between rent and income. ![]() The concept rests on the reasoning that renters indirectly pay property taxes as part of their rent and thus should have some protection, as do homeowners. The plan was modeled after and designed to be similar in principle to the Homeowners' Tax Credit Program, which is known to many as the Circuit Breaker Program. ![]() ![]() The Renters' Tax Credit Program provides property tax credits for renters who meet certain requirements. Renters' Tax Credit applications can now be filed online!
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