Is the Vermont homestead declaration and property tax credit claim included in the turbotax free edition? Does one need to follow up with Vermont state after filing?

[ErnieS0]

Yes. You can prepare your Homestead Declaration and Property Tax Credit (Form HS-122) in the Vermont section of TurboTax.

All versions use the same state program. You do not need to follow up after filing unless your return is rejected.

Homestead Declaration

By Vermont law, property owners whose homes meet the definition of a Vermont homestead must file a Homestead Declaration annually by the April filing deadline. If eligible, it is important that you file so that you are correctly assessed the homestead tax rate on your property.

Learn more at Homestead Declaration

Property Tax Credit

The Vermont Property Tax Credit assists many Vermont homeowners with paying their property taxes. You may be eligible for a property tax credit on your property taxes if your property qualifies as a homestead and you meet the eligibility requirements. The maximum property tax credit is $8,000.00

Eligibility

To file a property tax credit, you must meet ALL of the following eligibility requirements:

• Your property qualifies as a homestead, and you have filed a Homestead Declaration for the current year's grand list.
• You were domiciled in Vermont for the full prior calendar year.
• You were not claimed as a dependent of another taxpayer.
• You have the property as your homestead as of April 1.
• You meet the household income criteria (see form for current year income limit).

Learn more at Property Tax Credit.