Who Can Claim A Property Tax Credit?
Renters and homeowners who have a total household gross income of $20,000 or less may be eligible to claim the property tax credit. If you are filing a Form D-40 and claiming this credit, you must file Schedule H with it. If you are not required to file a Form D-40, you may file Schedule H by itself.
You must meet the following requirements to claim this credit:
- You were a DC resident from Jan. 1 through Dec. 31,;
- You rented or owned and lived in your home in DC during all of 2014;
- Your total 2014 household gross income was $20,000 or less;
- You did not rent from a landlord whose property was either exempt from real property taxes or who paid a percentage of rental income to DC instead of paying a real estate tax;
- If you are under age 65, you are not claimed as a dependent on someone elses' 2014 federal, state, or DC income tax return;
- Your residence is not part of a public housing dwelling; and
- If you are not blind or disabled, you and your registered domestic partner or spouse (if married) provided at least 50% of the total
household gross income.
Only one member of a household can claim the property tax credit. A property tax credit may not be claimed on behalf of a taxpayer who died before the end of the tax year.
This credit may not be claimed with respect to a property owned by a government, a house of worship or a non-profit organization.