Tax Relief for the Elderly and Disabled (T.R.E.D.)

*This program has been successfully expanded beginning in 2025, thanks to the Commissioner of the Revenue rewriting and successfully getting the new program approved by the Board of Supervisors! This expansion has increased income and net worth thresholds, application periods, and allows for income from minors to be exempt and up to $12,000 for those 18-23 and enrolled in two semesters of high school, technical school, or college. 

The Tax Relief for the Elderly and Disabled (T.R.E.D.) Program is designed to provide up to a $200.00 discount to individuals who own their home as of January 1 of the tax year and meet certain criteria. Individuals must be 65 years of age or older or must be totally and permanently disabled (must provide certificate of disability). The household income must not exceed $40,000 and net worth threshold must not exceed $100,000.

Application period is now January 1st through December 5th of the tax year, with a late application period up to December 15th upon approval of the Commissioner. 
Income Limit and Exemptions
The income limit for the entire household is $40,000 per year. This does include all income from all individuals living in the home. 
The following income may be exempted, but must be reported:
  • Individuals below the age of 18 (0-17): ALL INCOME IS EXEMPTED FROM HOUSEHOLD INCOME LIMIT
  • Individuals between the ages of 18-23 AND enrolled in two (2) Semesters of either High School, Technical School, or College: Up to $12,000 may be exempted. 
  • Other relative living in the household and not exempt from prior categories: $1,500 may be exempted from the household income.
Proof of income is required for all individuals in the household.
Proof of income includes:
  • Statement of Benefits from Social Security
  • 1099
  • W2
  • Bank Account Statement showing the normal deposits. 
Net Worth Threshold
The net worth threshold for all residents living in the household is $100,000. This does NOT include the primary residence and up to one (1) acre of land.  
The following is a list of items that would be included in the Net Worth calculation:
  • Personal Property of Resident (Cars, Trucks, Boats, Campers, Trailers, Etc.)
  • Any additional real estate owned at assessed value (not use value)
  • Balances in Checking Account
  • Balances in Savings Account
  • Cash value of IRA, 401k, Etc.
  • Annuities
  • Stocks 
  • Bonds
  • Certificates of Deposits (CD's)
  • Investment Accounts
How To Apply
To Apply for the program, you must submit an application to our office along with all supporting documentation. Supporting documentation includes the proof of income and certificate of disability (if disabled). You may be asked to show proof of net worth account balances at any point. You are required to complete the full application process, however in years 2 and 3 of being in the program you will be asked to revalidate and update information in regards to qualifications of the program. After being in the program for the third year, you will be required to do a full application with supporting documentation.
All of this is tracked by the Commissioner's office, and we will let you know what is needed to remain in the program! 

To apply for the program, you may complete the following form and return as directed:

Application for Tax Relief for the Elderly and Disabled

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