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  2. California's renter tax credit has remained unchanged for 43 ...

    www.aol.com/news/californias-renter-tax-credit...

    California's renter's tax credit, created to help income-eligible residents who don't benefit from the tax breaks given to homeowners, has remained flat since 1979, never adjusted for inflation.

  3. California Inflation Relief: Here’s When You’ll Get Paid in ...

    www.aol.com/california-inflation-relief-ll-paid...

    In order to be eligible, residents must: have filed their 2020 tax return by Oct. 15, 2021; meet the California adjusted gross income (CA AGI) limits described; not have been eligible to be ...

  4. States With Tax Breaks for Renters: Do You Qualify? - AOL

    www.aol.com/states-tax-breaks-renters-qualify...

    It is rare to get meaningful tax relief as a renter. Homeowners can get significant tax advantages, most notably in the form of the mortgage interest deduction and the capital gains exemption ...

  5. Property Tax Circuit Breaker - Wikipedia

    en.wikipedia.org/wiki/Property_Tax_Circuit_Breaker

    For tax filers who make between $25,000 and $40,000 the property tax must be over 4% of their yearly income. For those over the age of 70 who make under $60,000 per year the property tax must exceed 3% of their yearly income. Renters may claim 20% of their yearly rent paid as property tax but may only receive up to the maximum $1,000 for the ...

  6. Low-Income Housing Tax Credit - Wikipedia

    en.wikipedia.org/wiki/Low-Income_Housing_Tax_Credit

    The LIHTC provides funding for the development costs of low-income housing by allowing an investor (usually the partners of a partnership that owns the housing) to take a federal tax credit equal to a percentage (either 4% or 9%, for 10 years, depending on the credit type) of the cost incurred for development of the low-income units in a rental housing project.

  7. Free Money: How To Get Inflation Relief Payments in 2022 - AOL

    www.aol.com/finance/free-money-inflation-relief...

    As long as you filed your state tax return by June 30, you should have your check by Sept. 30. If you file by the October 2022 extended deadline, you should receive your payment by Jan. 31, 2023 ...

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