Don't forget to file your Homestead Declaration!

When Homestead Declarations are Due

Homestead Declaration is due annually by the April income tax due date. After the April due date, if you have not filed, the municipality may assess a penalty of up to 3% of the education tax on the property if the non-homestead rate is higher than the homestead rate, or up to 8% if the homestead rate is higher. If you file after the October due date, the property will not be added to the municipal grand list as a homestead for that year, and you will be subject to any penalties and interest that apply.

How to File the Homestead Declaration

The Homestead Declaration is filed using Form HS-122, the Homestead Declaration and the Property Tax Credit Claim (tax.vermont.gov/property-owners/homestead-declaration). The easiest and quickest way is to file electronically through myVTax (myvtax.vermont.gov). If you file a paper form, it is important to remember to sign the form at the bottom of the reverse side (below the Property Tax Credit Claim). Many people file their Homestead Declarations when they file their Vermont income tax returns. If you apply to extend the time to file your income tax return, the declaration is still due on the April filing due date. Even if a person is not required to file a Vermont Income Tax Return, the declaration must still be filed by the April filing due date.

What You Will Need to File

In addition to the property owner’s basic information, you should have the following available when filing:

• The property’s School Property Account Number (SPAN) printed on the property tax bill

• The property owner’s Social Security Number (SSN)

• The three-digit school district code found on the property tax bill