DC's Homeowner and Renter Property Tax Credit Program: Who Benefits
The District of Columbia’s property tax circuit breaker, officially known as the Schedule H Homeowner and Renter Property Tax Credit, aims to provide property tax relief to very low-income households. The policy enables eligible claimants to claim a refundable tax credit on their District income tax returns when their property tax liability exceeds a certain percentage of their income. The existing policy divides claimants into two groups: those who are 70 or older and those younger than 70.
