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Notice Of Real Property Tax Credit Application Availability
Notice of Tax Credit Application Availability
HONOLULU -- Mayor Kirk Caldwell today reminded residents that the City & County of Honolulu offers a real property tax credit to property owners who meet certain eligibility requirements. Applicants who qualify, are entitled to a tax credit equal to the amount of taxes owed for the current tax year that exceed 3% of the titleholders' combined gross income. This tax credit will be applied to next year's taxes. Annual filing is required for this credit.
The Eligibility Requirements are as follows:
- Homeowner must have a home exemption in effect at the time of application and for the subsequent tax year.
- Any of the titleholders do not own any other property anywhere.
- The combined income of all titleholders cannot exceed $60,000.
Due to COVID-19, the first time applicants can obtain the tax credit application by calling the Tax Credit Office at 768-3205. Applications will be mailed, emailed or obtained online at http://www.honolulu.gov/cms-bfs-menu/site-bfs-sitearticles/6416-treasury-division.html. Anyone whom applied last year will automatically receive an application in the mail starting the week of June 14, 2020 through June 26, 2020.
The applications will be available at the Satellite City Halls when those locations are opened to the public.
The application deadline is September 30.
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