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What is it? The Homestead Credit is a tax credit for low to moderate income homeowners and renters. It is meant to lessen the impact of property tax. What do you get? A full or partial refund of your property taxes. The maximum credit is $1160 How long do you get it? Each year that you qualify, you will receive a one-time payment. |
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You can claim credit for a given tax year for up to five years. For example, you have until April 15 of 2011 to file claims for 2006. | |
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