A pink form came with homeowner tax bills over the past three years, and now whether you sent it back is having a big impact on what you pay.
Counties used those forms to determine whether homeowners should be receiving a deduction that can cut their tax bill in half or more. Since the forms were due last year, the county has removed deductions for about 4,900 local homes. That’s more than 10 percent of the county’s residential properties.
That deduction turns into big tax savings for a homeowner. For example, a person with a $200,000 house in White River Township pays about $1,600 in taxes with the credits, but the bill could double if that deduction is removed.