Circuit Breaker Program
Property Tax Credits for Elderly and Disabled
Property tax credits from $150 up to $1,250 of total tax are available for qualifying applicants.
The credit level is based on a graduated income scale. Applicant eligibility is based on the following criteria:
- Property owner is at least 65 years old as of December 31 preceding the filing period OR is at least 50 and the widow/widower of a previously approved applicant OR is totally disabled and has a Social Security Award Letter or an SSA-1099 with Medicare premiums, or proof of benefits under a program which contains requirements comparable to those of the Social Security Administration.
- Property must have been owned or held in "life use" by the applicant as of October 1 of the year prior to the application period and at the time of application.
- The property must be the primary residence of the homeowner. (6 months and one day rule)
- Income limits are determined annually by the State of Connecticut. "Income" is defined as income from all sources, including tax-exempt interest and Social Security. For the 2023 application period, 2022 income from all sources is considered. The income limits for 2022 are $49,100 for married and $40,300 for single applicants. The income limits are adjusted each year.
Applications must be filed with the Wolcott Assessor's Office between February 1 and May 15. Applicants must bring original copies of their federal income tax (if filed) and their SSA-1099. If taxes are not filed, statements of all income sources (pensions, interest income, etc.) must be provided. To continue receiving the benefit after the initial application, re-filing is required every 2nd year as long as your income remains within program limits.