Tax Abatements - Circuit Breaker
Definitions and Requirements for the Circuit Breaker Abatement are found in Utah State Code Sections 59-2-1201, 59-2-1202, 59-2-1203, 59-2-1204, 59-2-1206, 59-2-1207, and 59-2-1208.
Eligible Applicants
- Homeowners at least 66 years of age in the year of application
- Maximum household income of $34,666
- Cannot be claimed as a dependent on any other individual's tax return
- Must be a resident of Utah for the entire year
Eligible Property
- Primary residence only (maximum one acre of land)
- A mobile home is eligible. If the property that a mobile home sits on is rented, the applicant may be eligible for a partial refund of rent. Please contact the Grand County Clerk/Auditor for more details.
- Property held in trust by the applicant is subject to other requirements (Please contact the Grand County Clerk/Auditor for details, or view the Utah State Code Section 59-2-1203)
Required Documentation
- Proof of gross household income. Household income includes all taxable and non-taxable income, including but not limited to:
- wages
- salaries
- interest
- dividends
- trust income
- alimony
- support payments
- disability payments
- public assistance payments
- retirement income
- voluntary contributions to a tax-deferred retirement plan
- pensions
- annuities
- capital gains
- workman's compensation
- state forwards
- rental depreciation
- Application for the renter's credit must include proof that the rent has been paid, with the name and address of the property manager.
Application
- The Application must be completed and submitted by September 1 of the current year
Benefit
- A credit of up to $1,015 (depending on income) against taxes due on a primary residence
- Additional reduction of property taxes on primary residence equivalent to a 20% reduction of the fair market value of the property
Circuit Breaker Tax Credit Schedule for 2019*
If 2018 homeowner's income is: |
2019 homeowner's credit will be: |
$0 - $11,399 | $1,015 |
$11,400 - $15,201 | $888 |
$15,202 - $19,000 | $765 |
$19,001 - $22,800 | $578 |
$22,801 - $26,602 | $455 |
$26,603 - $30,176 | $270 |
$30,177 - $33,530 | $144 |
More than $33,531 | $0 |
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