Property Tax Deferral - Homeowners with Limited Income
If you are a homeowner with your primary residence in Washington State, you may be eligible to postpone the payment of your property taxes and/or special assessments. The Property Tax Deferral for Homeowners with Limited Income program allows homeowners of any age, who qualify by household income, to defer half of their taxes each year. If you qualify for the program, the Washington State Department of Revenue pays the property taxes on your behalf. The deferred amount, plus interest, becomes a lien in favor of the state until the total amount is repaid.
NOTE: This program differs from the Property Tax Deferrals for Senior Citizens and Disabled Persons program.
The Assessor's Office administers the program on behalf of the Department of Revenue according to state statute (RCW 84.37) and administrative code (WAC 458-18A). To be approved for a deferral of taxes, a taxpayer must apply for the program and meet the qualifications for approval. To learn more about the program, consult the Department of Revenue brochure titled "Property Tax Deferral for Homeowners with Limited Income" or the Interpretations for the Limited Income Deferral Program prepared to assist
You may defer up to 40 percent of the equity in your property, providing you meet all qualifications and maintain adequate insurance coverage (the State of Washington Department of Revenue must be listed as the "Loss Payee" for the value of your dwelling to be included in the equity calculation).
You are not eligible to defer property taxes for vacation homes or for properties where you only have a share in cooperative housing, a life estate, a lease for life or a revocable trust.
To qualify for a deferral of taxes this year, you must meet the following qualifications:
- Applicant must own and reside in the home
- Applicant must have owned the home five years
- Combined disposable income of the household less than $57,000
- The first half taxes must be paid
- The total deferral cannot exceed 40% of the owner's equity (proof of equity value is required)
- There is NO age or disability requirement
- The completed application must be received in the Assessor's Office on or before September 1
To file an application for this program, complete a Deferral Application for Homeowners with Limited Income and file it with the Assessor's Office on or before September 1 with the documentation listed below. Everyone with an ownership interest in the property must sign the application form.
- A copy of your driver’s license or other approved documentation showing your residence and birth date,
- A disability award notice showing the date of determination (if applicable),
- A death certificate, if an owner is deceased or if applying as a qualified widow/widower,
- Your complete IRS federal tax return (if filed), all W-2s, and all 1099s, and any additional proof of income to the household,
- Copies of all mortgage balance statements, including reverse mortgages,
- Copies of your Fire and Casualty policy documents,
- Copies of any out-of-pocket prescription drug expenses (receipts or pharmacy printouts) for the year prior to the year of requested reduced taxes, and
- Copies of any allowable deduction expenses (Medicare premiums, in-home nursing care, etc.).
Mail your completed and signed application along with copies of the documents listed above to:
Clark County Assessor's Office
Attn: Homeowners with Limited Income Deferral Program
PO Box 5000
Vancouver, WA 98666-5000
Help in Applying:
If you prefer, you may contact us with your questions via email at email@example.com. We can also be reached by phone at 564.397.2391, option 4.
Repaying the Deferral:
The deferred amount and interest must be repaid when one of the following occurs:
- You transfer or convey your property to someone else,
- You no longer permanently reside at the residence,
- Your property is condemned,
- You no longer maintain fire and casualty insurance listing the Washington State Department of Revenue as a loss payee in an amount that is sufficient to protect the interest of the state, and the deferred amount exceeds 40 percent of your equity in only the land value, or
- Upon your death, unless your surviving spouse or domestic partner is at least 57 years old, meets the qualifications for the deferral, and files an application with the county assessor within 90 days of your death.