Property Tax Credits
Property Tax Credits
Please note: Homestead and Military Tax Credits are handled through the Assessor's Office.
Disabled/Senior Credit
WHO IS ELIGIBLE?
To file a claim for the disabled/senior credit, Iowa residents must meet ONE of the following criteria:
- 65 years of age or older by December 31, 2023 -AND- total household income less than $25,328
- 18 years of age or older by December 31, 2023 and totally disabled -AND- total household income less than $25,328
- 70 years of age of older by December 31, 2023 -AND- total household income less than 250% of the federal poverty level (see table below)
| 2023 Household Income Guidelines for Persons Aged 70 and Older | |
|---|---|
| Number of persons in family/household | Total household income is less than or equal to |
| 1 | $33,975 |
| 2 | $45,775 |
| 3 | $57,575 |
| 4 | $69,375 |
| 5 | $81,175 |
| 6 | $92,975 |
| 7 | $104,775 |
| 8 | $116,575 |
| For families/households with more than 8 persons, add $11,800 for each additional person. | |
HOW TO FILE FOR THE DISABLED/SENIOR CREDIT
- Complete and return the 2024 Iowa Property Tax Credit Claim form to the Monona County Treasurer.
- Monona County Treasurer, 610 Iowa Ave., First Floor, Onawa, IA 51040
- Provide proof of all 2023 income. We can make copies for you.
- If you are under 65 years old and totally disabled, proof of disability is required. See the instructions provided with the application.
- Applications are due by June 1st, 2024.
**Claimants of the Disabled/Senior Credit must file a claim each year in order to receive the maximum benefit of the tax credit.**
Mobile /Manufactured Home Reduced Tax Rate
WHO IS ELIGIBLE?
To file a claim for the Reduce Tax Rate, you must meet ALL of the requirements below:
- Iowa Resident as of December 31, 2023
- Aged 23 or older as of December 31, 2023
- Total 2023 household income less than $25,328
HOW TO FILE FOR THE REDUCE TAX RATE
- Complete and return the 2024 Application for Reduced Tax Rate to the Monona County Treasurer.
- Monona County Treasurer, 610 Iowa Ave., First Floor, Onawa, IA 51040
- Provide proof of all 2023 income. We can make copies for you.
- Applications are due by June 1, 2024
The Reduce Tax Rate must be applied for every year.
Military exemptions, homestead credits, and tax abatements are administered by the Monona County Assessors Office. Visit the Assessor's website or contact their office for further assistance.
