TRENTON, N.J. (AP) — New Jersey homeowners will have
more time to apply for property tax credits, but they'll get them later than
originally planned.
The state on Tuesday announced that it would extend the deadline for applying
for Homestead credits to Dec. 14 from Oct. 19. The original deadline was June
30.
The Treasury Department says the change will allow more people to apply. So
far, about 1 million taxpayers have applied, but an estimated 650,000 more are
eligible but haven't applied.
As a result, the state now says that the rebates will appear on May 2013
property tax bills. Most were scheduled to appear in February 2013. The credits
are to average $477.
Senior citizens and disabled homeowners with incomes under $150,000 are
eligible. Non-senior, non-disabled homeowners with incomes under $75,000
qualify.
