Limited parcel tax exemption for low-income seniors
Low-income seniors over 65 will be able to apply for an exemption from the Limited Parcel Tax, Measure E, if it passes.
“Income” for seniors over 65 shall be defined as the combined gross income, whether taxable or non-taxable, of all persons who live in the household, which includes but is not limited to: the derived income from salaries, wages, child support, alimony, interest, rental income, dividends, Aid to Families with Dependent Children, Social Security income, spousal support payments, veteran benefits, disability, unemployment, retirement, cash, tips, public assistance, food stamps, and all employment-related non-cash income. All such income may not exceed the following criteria:
The following is an example of the income guidelines:
MEMBERS IN MAXIMUM ANNUAL HOUSEHOLD GROSS INCOME
1 – 2 $ 30,500
3 $ 35,800
4 $ 43,200
For each additional person add… $ 7,400 per member
More information about the low-income senior exemption will be available soon.