The NC Circuit Breaker Property Tax Deferment program limits yearly property taxes to a percentage of a qualifying homeowner's income. So who qualifies? Well, under the NC Circuit Breaker Property Tax Deferment, North Carolina homeowners older than 65 years of age or totally and permanently disabled qualify as long as their income meets the eligibility limits. So, it's a two tiered program. See, for the 2018 tax year, if the qualifying North Carolina homeowner made less than $29,600 last … Continue reading...
