Real Estate Taxes
|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
What qualifications must I meet to participate?
To participate in the program, taxpayers each year must meet the following
- 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.