The Vermont Property Tax Credit and Renter Credit programs assist in making housing more affordable for thousands of Vermonters. The Vermont Department of Taxes would like to remind Vermonters that the last date to file a Homestead Declaration, Property Tax Credit Claim, and Renter Credit Claim is October 17, 2022. All Vermont homestead owners must file a Homestead Declaration annually even if they are not seeking an income-based property tax credit.
You may be eligible for a reduction in your property taxes if you meet the following eligibility requirements:
- Your property qualifies as a homestead as of April 1, and you have filed a 2022 Homestead Declaration;
- You were domiciled in Vermont for the full prior calendar year;
- You were not claimed as a dependent of another taxpayer; and
- You meet the household income criteria.
The Renter Credit program allows renters to receive a credit based on fair market rent in their county if they meet the following eligibility requirements:
- You were domiciled in Vermont for the entire calendar year;
- You were not claimed as a dependent of another taxpayer;
- You rented in Vermont for at least six months, although the six months do not need to be consecutive; and
- You meet the income eligibility limits based on your family size.
“The initial due date for both programs was in April, but if you missed it, you can still file by October 17. By law, the Department may not accept Homestead Declarations, Property Tax Credit Claims, or Renter Credit Claims after October 17, 2022,” said Deputy Tax Commissioner Rebecca Sameroff, and “Personal Income Tax returns filed on extension are also due October 17.”
Homestead Declarations, Property Tax Credit Claims, and Renter Credit Claims may be filed electronically using tax software, a tax preparer, or on the Department’s taxpayer portal at myVTax.vermont.gov located under “Returns.” Taxpayers having trouble filing may call (802) 828-2865 for assistance.