THE ILLINOIS DEPARTMENT OF REVENUE IS REMINDING ELIGIBLE TAXPAYERS TO TAKE ADVANTAGE OF THE SENIOR CITIZENS TAX DEFERRAL PROGRAM.
THE PROGRAM WORKS LIKE A LOAN, ALLOWING QUALIFIED SENIORS TO DEFER ALL OR PART OF THEIR PROPERTY TAXES SAYS REVENUE SPOKESPERSON MAURA KOWNACKI (kuh-nacky).
UNDER THE PROGRAM, SENIORS 65 AND OLDER EARNING NO MORE THAN 65-THOUSAND DOLLARS A YEAR CAN DEFER UP TO 75-HUNDRED DOLLARS IN PROPERTY TAXES SAYS KOWNACKI.
SENIORS HAVE UNTIL MARCH FIRST TO APPLY. THEY WILL NEED TO GET AN APPLICATION FROM THEIR LOCAL COUNTY COLLECTOR’S OFFICE.