Form CR-SCD Instructions
About the Property Tax Deferral for Senior Citizens
Property Tax Deferral for Senior Citizens allows people 65 or older to defer a portion of their property taxes. Participation is voluntary. This is a loan from the state and a tax lien will be placed on your property. This lien must be paid when your property is sold. In the event of your death, your esteate must pay the lien.
For more information, visit our website at www.revenue.state.mn.us and type tax relief into the Search box.
Who qualifies
To qualify, all of the following must be true:
- You are 65 or older in the year you apply. If married, one of you is 65 or older and the other is at least 62
- Your household income is $96,000 or less
- You have owned and lived in your home for the last 5 years
- Your home has been homesteaded for 5 years
- You do not have a reverse mortgage, a life estate, or any state or federal tax liens or judgment liens
- Other liens against your property are less than 75% of the estimated market value
When to apply
Apply by November 1 to defer your property taxes the following year. You may apply in the year you turn 65. Once accepted, you do not need to reapply.
Information Needed to Complete this Application
Last year’s total household income is the amount you entered on line 7 of your Form M1PR, Homestead Credit Refund. Your property tax statement contains:
- Parcel ID Number
- Estimated Market Value
- Year Homestead was Established
Your property type can be Torrens, abstract, or both. If you do not know what kind of property you have, contact your county recorder. The legal description of property is found on your property report.
Property Report
You must submit a property report detailing any mortgages, liens or judgements on the property.
- For Torrens property, the report is a copy of the current certificate of title, available from your county recorder’s office. The certificate must be dated within 30 days of your application.
- For abstract property, the report is an owners and encumbrances report prepared by a licensed abstracter showing the last deed recorded and any unsatisfied liens or judgments. The report must be dated within 30 days of your application.
How we use your information
Some of the information on this applicaiton is private data. We use the information to determine your eligibility. To verify information, we may share it with the county assessor, the county attorney, and federal, state or local taxing authorities. You’re not required to provide the information we ask for. If you do not provide it, we cannot accept your applicaiton.
Questions?
Email the state at PropTax.Deferral@state.mn.us or call us at 651-556-4803.
This information is availabel in alternate formats.