Representative Sam Yingling recently sent us the following information regarding a tax credit for victims of 2017's historic floods:
"To help victims of last year’s historic summer floods, I passed a Flood Victims' Tax Credit. To learn how to access this state income tax credit, I am hosting a free seminar from 6 to 7 p.m. Jan. 17 at the Avon Township office, 433 E. Washington St., in Round Lake Park.
"This credit is only available for the 2017 tax year, so it’s important that flood victims learn about the credit and how to qualify.The new state income tax credit is worth up to $750 and is for individuals and businesses who suffered property damage in the floods in July 2017.
"The tax credit is administered by the township assessor’s office or the CCAO. Homeowners whose property was reassessed as a result of flood damage are not eligible for the credit.
"I am partnering with Avon Township Assessor Chris Ditton to provide an overview of the tax credit, guidelines for eligibility and instructions on how to apply. The seminar is free and open to the public. RSVPs to my office at 847-231-6262 or [email protected] are appreciated but not necessary.
"Anyone who cannot attend the seminar but would like information on this one-time opportunity can call me at 847-231-6262 or email [email protected] to learn more before filing their income taxes too."
"To help victims of last year’s historic summer floods, I passed a Flood Victims' Tax Credit. To learn how to access this state income tax credit, I am hosting a free seminar from 6 to 7 p.m. Jan. 17 at the Avon Township office, 433 E. Washington St., in Round Lake Park.
"This credit is only available for the 2017 tax year, so it’s important that flood victims learn about the credit and how to qualify.The new state income tax credit is worth up to $750 and is for individuals and businesses who suffered property damage in the floods in July 2017.
"The tax credit is administered by the township assessor’s office or the CCAO. Homeowners whose property was reassessed as a result of flood damage are not eligible for the credit.
"I am partnering with Avon Township Assessor Chris Ditton to provide an overview of the tax credit, guidelines for eligibility and instructions on how to apply. The seminar is free and open to the public. RSVPs to my office at 847-231-6262 or [email protected] are appreciated but not necessary.
"Anyone who cannot attend the seminar but would like information on this one-time opportunity can call me at 847-231-6262 or email [email protected] to learn more before filing their income taxes too."
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