Get Utah Tax Forms Abatement Form

Property Tax Abatement Programs: Circuit Breaker - Age & income-based, 66 years old or surviving spouse with household income up to $35,807. County Hardship Abatement - 65 years old, or any age disabled, or any age in extreme hardship, with income and adjusted assets that do not exceed $35,807.

The primary residential exemption is a 45% property tax exemption on most homes in Utah. This means you only pay property taxes on 55% of your home's fair market value. You may be eligible for the primary residential exemption if you occupy your home for 183 consecutive days or more in a calendar year.

Utah is moderately tax-friendly toward retirees. Social Security income is fully taxed. Withdrawals from retirement accounts are fully taxed. Wages are taxed at normal rates, and your marginal state tax rate is 4.85%.

at least 66 years of age, or b. an unmarried surviving spouse, regardless of age. You must be able to prove Utah residency and household income to qualify.

Up to $1,110 of property tax can be abated, based on income, plus an additional credit equal to the tax on 20 per- cent of a home's fair market value. This exemption is available to veterans disabled in military service (at least 10 percent disability), their unmarried sur- viving spouse or minor orphans.

Utah Disabled Veteran and Survivors Property Tax Exemption: Utah offers a property tax exemption of up to $283,964 of the taxable value of the residence or personal property of disabled Veterans. Veterans must have a 10% or greater service-connected disability.

Form TC-40 is a Form used for the Tax Return and Tax Amendment. You can prepare a 2022 Utah Tax Amendment on eFile.com, however you can not submit it electronically.

#1: South Dakota. Tax-wise, South Dakota is one of the best states for retirees. In addition to no state income tax, retired homeowners may also qualify for the state's property tax relief programs.