turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

What is the 2022 income limit for claimimg the $300 property tax credit in CT

TurboTax is saying that I don't qualify for anything because my income exceeded the maximum amount.  However, I am not aware that such an income limit exist.  This is for the taxes I paid for my property and/or personal auto in 2022 to our local CT town/city (that I lived in).  

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
JohnB5677
Expert Alumni

What is the 2022 income limit for claimimg the $300 property tax credit in CT

Yes, there is an income limitation of $109,500 for single taxpayers, and $130,500 for married.

 

Beginning in 2022, residents that own motor vehicles or homes in Connecticut will receive a property tax credit of up to $300, which is increased from the prior credit of $200. Conn. Gen. Stat. §12-704c, as amended by Conn. Pub. Act No. 22-118 §408 (effective May 26, 2022). In addition, eligibility for the property tax credit is expanded to all adults within current income limits ($109,500 for single filers and $130,500 for joint filers). Previously, the property tax credit was limited to only those over the age of 65 or those with dependents. Conn. Gen. Stat. §12-704c, as amended by Conn. Pub. Act No. 22-118 §408 (effective May 26, 2022).

 

Other useful information:

2022 CONNECTICUT TAX DEVELOPMENTS

Section 12-704c - Credits for taxes paid on primary residence or motor vehicle.

 

If this does not completely answer your question, please contact us again and provide some additional details.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

1 Reply
JohnB5677
Expert Alumni

What is the 2022 income limit for claimimg the $300 property tax credit in CT

Yes, there is an income limitation of $109,500 for single taxpayers, and $130,500 for married.

 

Beginning in 2022, residents that own motor vehicles or homes in Connecticut will receive a property tax credit of up to $300, which is increased from the prior credit of $200. Conn. Gen. Stat. §12-704c, as amended by Conn. Pub. Act No. 22-118 §408 (effective May 26, 2022). In addition, eligibility for the property tax credit is expanded to all adults within current income limits ($109,500 for single filers and $130,500 for joint filers). Previously, the property tax credit was limited to only those over the age of 65 or those with dependents. Conn. Gen. Stat. §12-704c, as amended by Conn. Pub. Act No. 22-118 §408 (effective May 26, 2022).

 

Other useful information:

2022 CONNECTICUT TAX DEVELOPMENTS

Section 12-704c - Credits for taxes paid on primary residence or motor vehicle.

 

If this does not completely answer your question, please contact us again and provide some additional details.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question