3/4/09 - It’s been around for awhile, but in these tough times it’s worth reminding California seniors and disabled citizens that through a program administered by the State Controller’s Office you can postpone paying property taxes. Some specifics:
• At least one of the homeowners must be 62 or older, OR Blind, Or Disabled.
• Current annual household income must be $35,500 or less.
• The amount of taxes postponed generally does not need to be repaid to the state until the person moves, sells the home, or dies, at which point…
• The state files a lien on the property and also charges interest on the amount postponed.
For more information, all Californians may visit the FAQ section of the San Diego County Treasurer-Tax Collector. Click on “Property tax postponement.”