Senior Citizens Tax Deferral
What is the tax deferral program?
The Senior Citizens Real Estate Tax Deferral Program is a tax relief program that allows qualified senior citizens to defer all or part of payments for property taxes and special assessments on their principal residences.
What qualifications must I meet to participate?
To participate in the program, taxpayers each year must meet the following qualifications:
- Be 65 years of age by June 1
- Have a total annual household income of less than $40,000
- Own and occupy the property or other qualifying property for at least the last three years
- Have no delinquent property taxes and special assessments on the property
- Maintain adequate insurance against fire or casualty loss
- Have written approval from any joint owners for participation
How can I apply for the program?
File all applications and forms with the County Collector. Forms are available at the County Collector's Office after Jan. 1 and must be completed by March 1 of each year. The Illinois Department of Revenue approves or denies all applications.
To apply for a property tax deferral, the taxpayer must complete and file Form IL-1017-TD, Application for Deferral of Real Estate Taxes, and Form IL-1018-TD, Real Estate Tax Deferral and Recovery Agreement.
Additional information is available in the County Treasurer's Office.
