Frequently Asked Questions - Property Tax Credit Claim
- What is a Property Tax Credit (MO-PTC)?
- Who qualifies for the credit?
- What is the income limit?
- What if my spouse lives in a nursing home or assisted living facility?
- What is considered household income?
- Is my spouse’s income included in household income?
- What if I share my residence with someone?
- Are payments for dependent children living in the home included in household income?
- How do I file for the credit?
- When is my claim due?
- Can I file a previous year’s claim?
- What documentation is required?
- Can I file for a deceased individual?
- Can I get credit for sewer lateral or any other fees included on my property tax statement?
- Can I get credit for a home I own but do not occupy?
- If my home sits on 10 acres of land, can I get a credit for all of the real estate taxes paid?
What is a Property Tax Credit (MO-PTC)?
Tax Year 2008:
- Certain individuals are eligible to claim up to $750 if they pay rent or $1,100 if they pay real estate tax on the home they own and occupy.
Tax Years 2005-2007:
- Certain individuals are eligible to claim up to $750 if they pay rent or pay real estate tax on the home they own and occupy.
- Note: A 2005 claim must be filed by April 15, 2009, or a refund will not be issued.
Who qualifies for the credit?
Individuals who meet one of the following qualifications:
- Claimant or spouse must be 65 years of age or older on or before the last day of the calendar year and a resident of Missouri for the entire year;
- Claimant or spouse is a veteran of any branch of the armed forces of the United States, or this state and is 100 percent disabled as a result of such service;
- Claimant or spouse is 100 percent disabled; or
- Claimant has reached age 60 on or before the last day of the calendar year and is receiving surviving spouse social security benefits.
What is the income limit?
Tax Year 2008:
- Renters/Part Year owners:
- If single, your total household income must be $27,500 or less.
- If married filing combined, your total household income must be $29,500 or less.
- Owned and Occupied your home the entire year:
- If single, your total household income must be $30,000 or less.
- If married filing combined, your total household income must be $34,000 or less.
Tax Years 2005-2007:
- Total household income must be $25,000 or less if filing single or $27,000 if married filing combined.
- Note: A 2005 claim must be filed by April 15, 2009, or a refund will not be issued.
What if my spouse lives in a nursing home or assisted living facility?
Tax Year 2008:
- If you did not live together for the entire year, you may file separate claims but the income limit is $27,500 for each spouse.
Tax Years 2005-2007:
- If you did not live together for the entire year, you may file separate claims but the income limit is $25,000 for each spouse.
- Note: A 2005 claim must be filed by April 15, 2009, or a refund will not be issued.
What is considered household income?
Missouri adjusted income as defined in Section 143.121, RSMo and increased to reflect the following:
- Social security and railroad retirement;
- Veteran payments and benefits unless the claimant or spouse is a 100 percent disabled as a result of military service;
- All other public and private pensions and annuities;
- Public relief, public assistance, and unemployment benefits received;
- SSI, TANF and/or child support payments received;
- Non-business losses;
- Wages, dividends, and interest;
- Rental income.
Is my spouse's income included in household income?
Yes. The income for both spouses must be included as household income.
What if I share my residence with someone?
If two or more unmarried adults share a residence, and each pay part of the rent, only the portion paid by the claimant can be claimed. If one person pays the entire amount, a percentage will need to be taken on Form MO-CRP
.
Are payments for dependent children living in the home included in household income?
Yes. All payments for dependent children living in the home must be included as household income.
How do I file for the credit?
If you are required to file a Missouri Individual Income Tax Return, you must use Form MO-1040 or Form MO-1040P with a Property Tax Schedule (MO-PTS) attached.
If you are not required to file a Missouri Individual Income Tax Return, then you may file the Missouri Property Tax Credit Claim (MO-PTC).
If you are unsure which form best meets your filing needs, use our Personal Tax Form Selector.
When is my claim due?
Your claim is due April 15th.
Can I file a previous year’s claim?
You have three years from the original due date to file a claim.
What documentation is required?
The following documentation is required (as applicable):
- Copy of paid real estate tax receipt;
- All 1099 forms;
- All W-2 forms;
- Letter from Veterans Administration;
- Letter from Social Services, Division of Family Services (DFS), and/or Employment Security;
- Letter from Division of Child Support Enforcement (DCSE);
- Assessor Certification (Form 948);
- Lease agreement, rent receipts, or letter from landlord;
- Form MO-CRP.
Can I file for a deceased individual?
A claim may be filed by the surviving spouse if the filing status is “married filing combined” and all other qualifications are met. If there is no surviving spouse, the estate may file the claim.
A copy of the death certificate must be attached and if the check to be issued in another name, a Federal Form 1310 must also accompany the claim.
Can I get credit for sewer lateral or any other fees included on my property tax statement?
No. Sewer lateral, penalties, interest, and other fees are local fees. They must not be included when claiming a property tax credit.
Can I get credit for a home I own but do not occupy?
No. The property tax credit can only be received for a home that you occupy.
If my home sits on 10 acres of land, can I get a credit for all of the real estate taxes paid?
You can get a credit for up to five acres on which your home sits. If you have more than five acres, you must include an Assessor Certification (Form 948) indicating the amount of tax paid on five acres and your homestead.
Can't find an answer to your question(s)?
Email us! PropertyTaxCredit@dor.mo.gov