Kokomo Tribune; Kokomo, Indiana

Breaking News

Local News

December 20, 2012

Homestead credit form deadline approaches

Howard County has collected $550,000 in past due property taxes.

Residential property owners have until Dec. 31 to file a verification form with the Howard County Auditor’s office to continue to receive the Homestead credit.

The intent of the form that has been distributed for several years was to discover property owners falsely receiving more than one homestead credit, a spokeswoman with the Indiana Department of Local Government Finance said.

Under state law, a property owner with an ineligible homestead credit deduction can be required to pay back taxes for three years plus a 10 percent penalty. The penalty revenue goes to the state.

Determining a person’s primary residence, which would be eligible for a homestead credit, is based on several factors, including the state that issued the person’s driver’s license, where they vote and where federal income tax returns are filed.

If the required form is not submitted by Jan. 1, all the deductions are removed, said Ann Wells, Howard County auditor.

Wells said as of Thursday there have been 21,435 forms returned to her office and 1,905 that still need to be submitted.

To date the county has found 203 property owners that were claiming more than one Homestead Credit, she said.

The additional homestead deductions can be filed in another Indiana county or another state. By law a person is eligible for a single homestead deduction.

The county has collected $549,129 in past due property taxes that were owed by people claiming more than one Homestead Credit and another $93,000 remains to be collected, Wells said.

The funds go into the Auditor’s Ineligible Homestead fund and can be used for anything that benefits the office, she said.

Wells said another 41 properties that had been eligible for a Homestead Credit are being removed from the list because the properties are now vacant.

Text Only | Photo Reprints
Local News
  • North split restrictions on Monday The Indiana Department of Transportation will restrict traffic at the single-lane ramp that connects U.S. 31 to southbound Ind. 931 on the north side of Kokomo — weather permitting — on Monday between 9 a.m. and 4 p.m. Remedial repairs along the 200-

    April 16, 2014

  • BK rebuild 04 Peru restaurant B-K West rebuilding after tornado

    PERU -- B-K West is more than just a drive-in restaurant to its owner, J.D. Hann. It's a piece of his childhood, a historic Peru landmark, and it's his baby. "I grew up with this place," the 57-year-old Peru native said. "We used to walk the tracks o

    April 16, 2014 7 Photos

  • Congresswoman Susan Brooks backs manufacturing training efforts Congresswoman Susan Brooks' own personal manufacturing experience may have been limited to three months in a Kendallville caramel factory as a college student, but in her congressional roles, she's having an impact on the skills debate. In Kokomo Tue

    April 16, 2014

  • Superintendent of Ind Ed 01 State Superintendent Glenda Ritz visits Peru, discusses new standards

    PERU -- State Superintendent of Public Instruction Glenda Ritz said Tuesday she is comfortable with the quick pace at which new academic standards are moving from concept to classroom. The Indiana Department of Education released a final draft of new

    April 16, 2014 4 Photos

  • Chrysler CEO will headline Tipton plant opening Chrysler CEO Sergio Marchionne will preside over the grand opening of the company's fifth north central Indiana plant, the Tipton Transmission Plant, at a ceremony May 13, company officials announced Tuesday. In February 2013, Chrysler announced it w

    April 16, 2014

  • More than 70 businesses participate in annual job fair More than 70 local businesses got a look at the workforce of tomorrow during Tuesday's Kokomo Area Job Fair at the Ivy Tech Kokomo Event & Conference Center. The event, put on as a partnership between Indiana University Kokomo and Ivy Tech Community

    April 16, 2014

  • Kokomo episode of 'My First Home' airs Saturday A cautious cat-lover will search for the perfect house in Kokomo on Saturday's episode of "My First Home" on TLC. The episode airs at noon and features Kokomo real estate agent Gena Martin and first-time homebuyer Steven Underwood. In its description

    April 16, 2014

  • Easter basket workshop Thursday Generous individuals and businesses in town donated enough candy, games and books to fill more than 500 Easter baskets at this year's Tom Carey Easter Basket Workshop. The workshop starts at 10 a.m. Thursday. Any families that are strapped for cash t

    April 16, 2014

  • IUK to give Chrysler CEO Sergio Marchionne honorary degree Chrysler CEO Sergio Marchionne will be at Indiana University Kokomo’s May 13 commencement to accept an honorary degree from Indiana University President Michael McRobbie, IUK officials announced. In a statement, McRobbie credited Marchionne with engi

    April 15, 2014

  • Cheryl Marner aims to cross finish line during this year's Boston Marathon Cheryl Marner was a mile from the finish line at last year's Boston Marathon when all of the runners in front of her suddenly stopped. The race had come to a halt, and at the time, she didn't know why. "There was a lot of confusion," she said. "I hea

    April 15, 2014

Latest news
Featured Ads
Only on our website
AP Video

Click HERE to read all your Parade favorites including Hollywood Wire, Celebrity interviews and photo galleries, Food recipes and cooking tips, Games and lots more.