A Heads Up, to all my Seniors and for the rest of you to pass on.
Knowledge is Power. Information is Power. The Secreting or hoarding of knowledge or information may be an act of tyranny camouflaged as humility. Robin Morgan
Seniors, when you turn 65 years of age your tax responsibilities diminish. I pray you are not waiting for the IRS or any other Government affiliate to educate you on how to keep your money, from them.
For instance; There are some Senior Citizens rates afforded to those who are age 65 or older, and we are not talking about discount days at our local food chain.
For these cash savings, you simply apply at, or by calling your local Gas, Light, and Water Companies.
These deductions are in place so you won’t have to worry about being denied. All you have to do is call and ask for your Senior Citizen’s benefits. Some may send a form to fill out, others may give you the deduction over the phone.
I believe what I’m telling you is true in all States. The point is to make the call and find out for yourself.
And, if you own your home, your Property Taxes may vanish altogether. Say you pay a few thousand dollars a year, then there is a great possibility your new payment will be under $4. No kidding and that is including you will no longer be responsible for School Taxes.
In Georgia, I applied at the Tags and Title office. The only thing required of me was to have on hand a recent payment statement from any utility company, a driver’s license, my Social Security card, and the Security Deed to my home.
FYI: You must live on the property, and I believe you cannot get this tax break on rental property.
2016 may not be as expensive as some may have thought, especially if this is your 65th year; Better check it out;
Just So You Know, and it is Something To Think About!
Happy New Year!
Thank you, Lord, for the others who are sharing knowledge, and it is in Jesus name that we receive it. Amen!
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