Eligible AMERICANS may receive a $150 rebate check for property taxes.
North Carolina residents can begin claiming their money from the $250,000 the state has earmarked for the rebates.
On March 21, the Greensboro City Council approved a pilot program to assist low-income homeowners facing rising utility costs.
The discount offer is only valid for residents of Greensboro.
Qualifying households can receive a partial refund of municipal property taxes paid in the last year.
Greensboro City Council member Marikay Abuzuaiter said the state prioritizes its residents to ensure they are safe.
“The City Council has heard a lot from homeowners, particularly in our low- to middle-income homes, and we want to make sure they aren’t impacted by revaluations.
“We want to make sure they are stable in their homes,” Abuzuaiter said.
The city’s housing and district development department is responsible for the program; applications start on April 15.
Homeowners need to act fast because the closing date for applications is June 15th.
To apply, residents must submit their most recent year’s tax return and proof of household income.
In addition, the individual must have lived in the home for the past five years and the property tax value of the home must be less than $250,000.
The amount of return is the difference people paid in 2022 compared to 2021.
This can range from $50 to $150.
Here is a list of the remaining requirements for the program:
- The home must be the applicant’s primary residence
- The home must have seen a real estate appraisal increase as part of Guilford County’s 2022 tax reassessment
- The homeowner must show that the total gross household income does not exceed $41,000 (one person) or $47,000 (two or more people).
- There must be no outstanding taxes on the home that are owed to the City of Greensboro
- The applicant also cannot receive assistance from the County Homestead Tax Exclusion Program
MORE DISCOUNTS AVAILABLE
In addition to North Carolina, the Montana Department of Treasury has set aside funds to also provide income tax rebates to its residents.
On March 13, Governor Greg Gianforte signed House Bill 192, which provides money for Montanans.
“Today, we’re making it easier for Montanans to raise families, make a good living, own a home, retire in comfort, and pursue their American dream,” Gianforte said.
The individual income tax rebate is $1,250 for single applicants, while married couples applying together can get $2,500.
The income tax refund comes from the taxes paid in 2021.
Similarly, residents of Washington are also said to get some money back.
The state Treasury Department is holding unclaimed money and property of more than one million residents.
According to Unclaimed Property manager Joe Gisler, the average claim is about $131.
The money comes from a surplus of $1.8 billion.
The Treasury receives unclaimed property from several locations.
This can be closed bank accounts, uncashed checks, utility deposits, money orders, balances, stocks and dividends, refunds or rebates.
Read about the 12 states that are offering parents up to $1,000 in payments.
Find out if you can join the millions who can claim up to $3,600 worth of Direct Payments.
https://www.the-sun.com/money/7711254/north-carolina-greensboro-property-tax-refund/ Americans can claim one-time surprise $150 rebate check – see if you’re eligible for money back