Over 65 Deductions
Over 65 Deduction
- The applicant and any joint tenants or tenants in common must reside in the home for at least one year before the deduction is claimed.
- The property's assessed value cannot exceed $182,430.
- The combined adjusted gross income (AGI) of the property owners cannot exceed $25,000.
- Applicants must be at least age 65 in the year preceding the year in which the deduction is claimed.
- A surviving, un-remarried spouse who is at least age 60 may qualify for the deduction if the late spouse was at least age 65 and all other criteria are met. @(Model.BulletStyle == CivicPlus.Entities.Modules.Layout.Enums.BulletStyle.Decimal ? "ol" : "ul")>
Over 65 Circuit Breaker Credit
- The homestead's assessed value cannot exceed $160,000.
- The adjusted gross income (AGI) cannot exceed $30,000 for an individual or $40,000 for married couples filing jointly. @(Model.BulletStyle == CivicPlus.Entities.Modules.Layout.Enums.BulletStyle.Decimal ? "ol" : "ul")>
You can file your deduction application in person or by mail. If you have any questions about how to fill out the application form, we strongly recommend that you file in person at the Auditor's office. Staff will be able to answer questions you may have to assure that the form is completed correctly.
You can file the application in person or by mail at: Porter County Auditor, 155 Indiana Ave., Suite 204, Valparaiso IN 46383.
You can also Download Complete Information About All Deductions (PDF) which includes maximum amounts, eligibility and restrictions.
Questions about this deduction? Your can submit your question online HERE.