Indiana Over 65 Circuit Breaker Tax Credit Program

The cost of owning a home can be expensive, especially with rising property taxes. Indiana’s Over 65 Circuit Breaker Tax Credit can help by limiting how much property tax you owe each year. This can make the cost of homeownership more affordable and easier to plan for—especially for older adults.

What is the Indiana Over 65 Circuit Breaker Tax Credit?

The Indiana Over 65 Circuit Breaker Tax Credit helps protect homeowners from large increases in property taxes. This credit limits how much you pay in property taxes by capping your total tax bill based on your home’s value, making your tax bill more affordable and easier to plan for.

Am I eligible for this Tax Credit?

To qualify for the Over 65 Circuit Breaker Tax Credit, you must meet all the following requirements:

-

Be 65 years or older by the end of the year you are applying

-

Have qualified for the homestead standard deduction last year and still qualify this year

-

Have an adjusted gross income of:

-

$60,000 or less (single), or

-

$70,000 or less (married)

-

Own the home or property

Note: Income limits may increase slightly each year based on cost-of-living changes. And the credit applies to the property you own, with the amount varying based on how your property is classified.

How do I apply for the Indiana Over 65 Circuit Breaker Tax Credit?

To apply for the Indiana Over 65 Circuit Breaker Tax Credit, you have a few options. You can:

• Download and complete the application for property tax benefits%20(2).pdf), or

• Contact your county auditor’s office to request an application

You must then submit your application by either mailing it in or returning the completed form in person to your county auditor’s office.

Deadline: Applications are due by January 15 of the year your property taxes are due.

What if I need help?

If you need help applying for Indiana’s Over 65 Circuit Breaker Tax Credit or want more information, you can:

-

Contact your local Indiana county auditor’s office

-

Reach out to the Marion County Auditor’s Office at 317-327-4646 or by emailing AuditorCustomerService@Indy.gov

County staff can answer your questions, explain how the program works, and help you fill out and submit your application.