Monday, March 05, 2007

Deadline for Filing 2007 Property Tax Deductions

The deadline for filing your 2007 Property Tax Deduction for Indianapolis and the surronding metro area is June 10, 2007!

Mortgage deduction - Bring in the settlement statement or a copy of the mortgage to the Auditor's Office when applying for deduction. Anyone who has refinanced since the last filing must re-file for deduction. Re-filing must also be done by anyone who has placed a property in a trust. Visit www.in.gov/icpr/webfile/formsdiv/43709.pdf to download the state mortgage deduction form.

Homestead Credit - Taxpayers are eligible for the homestead credit on their principal residence only. The same documentation will work as for the mortgage deduction. Visit www.in.gov/icpr/webfile/formsdiv/05473.pdf to download the state homestead deduction form.

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