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WY State Property Tax Refund Program To Be Discussed During TeleTown Hall Meeting
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2 years agoon
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News Release
AARP Wyoming will host a TeleTown Hall at 3 p.m. on Tuesday, April 18th during which Wyoming State Revenue Department Director Brenda Henson will discuss changes to the Wyoming State Property Tax Refund Program.
Henson will also walk listeners through the eligibility changes and application process for the program during the call.
AARP Wyoming will start calling out to members around 2:45 p.m. on April 18th.
If you do not receive a call and wish to take part in the TeleTown Hall, you can call 1-855-274-1448 or visit AARP Wyoming’s Facebook page and listen to the live stream (Click here).
During the 2023 Legislative Session, the Wyoming Legislature voted to allow those whose household income does not exceed 125% of their county or the statewide median income to apply a refund of up to 75%, with some limitations, of their 2022 Property Tax Bill.
According to Department of Revenue Director Brenda Henson, the application for property tax refunds went live on April 1st and can be procured by calling The State Revenue Department office at 307-777-7320, going online to WPTRS.wyo.gov., or from your local county treasurer’s office.
The application deadline for tax year 2022 refunds is June 5th.
“Last year, Revenue Department Director Brenda Henson did a tremendous job of reaching out to the public and explaining the Property Tax Refund Program,” says AARP Wyoming State Director Sam Shumway. “We thank her for taking the time to talk to our members again this year and answer
their questions about a very beneficial program for our membership.”
The Property Tax Refund program requires taxpayers to complete an application certifying they own their home; have been a Wyoming resident for the past five years; provide proof that 2022 property taxes have been paid in full; they had household income in 2022 equal to or less than 125% of the median household income for the county in which you reside or the statewide median income, whichever is greater.
Other requirements include personal assets not exceeding $150,000 per adult household member.
In other words, if you own other real estate, bank accounts, and investments, they cannot have value in excess of $150,000 per adult household member.
However, you may exclude the value of your home, a car for each adult household member, and any retirement accounts (IRA’s, 401K plans, cash value of life insurance policies, Medical Savings, etc.).
If your total property tax bill exceeds more than 10% of your total household income, then this asset limit would not apply.
County number County Name 125% of Median Income
05 Albany *$86,400
09 Big Horn *$86,400
17 Campbell $114,125
06 Carbon *$86,400
13 Converse $94,613
18 Crook *$86,400
10 Fremont *$86,400
07 Goshen *$86,400
15 Hot Springs *$86,400
16 Johnson *$86,400
02 Laramie *$86,400
12 Lincoln $95,163
01 Natrona *$86,400
14 Niobrara *$86,400
11 Park *$86,400
08 Platte *$86,400
03 Sheridan *$86,400
23 Sublette $101,988
04 Sweetwater $96,888
22 Teton $128,900
19 Uinta $92,788
20 Washakie *$86,400
21 Weston *$86,400
* This is 125% of the 2022 Statewide
Median Household Income: $86,400
Harriett Oleson
April 11, 2023 at 6:21 pm
OKie Dokie Dennis. You advocate abolishing the IRS, you would eliminate sales tax and property tax. It all sounds so wonderful, a sweet little dream world. But Dear Dennis how ya gonna pay the bills? How you gonna build roads or the many other services we all need. And how Dear Dennis how we gonna pay your military retirement??