Something went wrong with the connection!
 Breaking News

Senior citizens owed $45 million in unclaimed property tax exemptions

Senior citizens owed $45 million in unclaimed property tax exemptions
July 18
11:13 2019

SURENDRA ULLAL

CHICAGO: As many as 26,500 senior citizens could save a total of $45 million on their Cook County property tax bills due August 1 by applying now for exemptions they received last year, Cook County Treasurer Maria Pappas said here.

Those homeowners received the Senior Citizen Homestead Exemption last year but have not reapplied, according to an estimate by the Treasurer’s Office. Of those seniors, roughly 19,200 received the Senior Freeze Exemption last year but also have not reapplied.

“It takes a little time to apply, but the exemptions reduce your tax bill by hundreds of dollars,” Pappas said.

To verify tax exemptions going back four years, visit cookcountytreasurer.com and:

  • Select the purple box labeled “Your Property Tax Overview”
  • Enter your address or Property Index Number (PIN)
  • Check the results under “Have You Received Your Exemptions in These Tax Years?”
  • If you believe you are entitled to an exemption you have not received, select “Apply for a missing exemption.”

State law requires that senior citizens reapply every year for these exemptions, which are available to homeowners who are 65 years of age or older. The Senior Freeze, which prevents increases in the taxable value of a home, is limited to seniors with annual household incomes of $65,000 or less. Some of the homes may no longer be eligible for the exemptions.

Comments

comments

Related Articles

E-paper Latest Edition

Subscribe to our Digital Edition

Epaper

ADVERTISEMENT – INKASA INTERIORS

Inkasa Interiors | Interior Designer in Delhi

ADVERTISEMENT – Ponderosa Homes

Ponderosa Homes

50 SPIRITUAL APPETIZERS – VINOD DHAWAN

50-ad-Indiapost

It’s a lovely book. It feels energetically clear and light. It’s easy to read, dip in and out and most importantly it offers information without fluff! Blessings on this project.

Jac O’Keeffe
Spirituality teacher based in USA.

*Available on Amazon, Flipkart & other online stores*

ADVERTISEMENT – Star Tours

Star Tours

ADVERTISEMENT – Global Holidays

Global Holidays Early Bird Discounts

POPULAR CATEGORIES

Follow us On Twitter

Our deepest sympathy to Shri Jagannath Mishra's family. In this time of grief, our thoughts and prayers are with th… https://t.co/ygCPRNu1Ps
h J R
@Indiapost_News
Not all parts of Article 370 to be valid in Jammu & Kashmir: Home Minister Amit Shah. @AmitShah @narendramodihttps://t.co/zkrf5wfpHm
h J R
@Indiapost_News
New York’s India Day Parade to honour valour, the sacrifice of Armed Forces Read: https://t.co/PZwBYlrPDWhttps://t.co/YNNjkxtG5s
h J R
@Indiapost_News
Hamza bin Laden was very threatening to the US: Trump https://t.co/Vv1tNdQ6i0 #HamzabinLaden #OsamabinLaden #Trump #USA
h J R
@Indiapost_News

Facebook

Subscribe To Our Mailing List

Enter your email address:

Delivered by FeedBurner

Subscribe to IndiaPost by Email

Download Media Kit