Schedule L - Lower Income Long-Term Homeowner Credit

*169990120000*

Section C Members of your household

List the income (the federal adjusted gross income) of each member of your household (attach a continuation sheet if necessary).

First name, middle initial, last name

Social security number

Household federal adjusted gross income

.00

Total Household Federal Adjusted Gross Income

enter here and on Line 6

Section D Household Income Limit Table

Number of household members

Household income limit

Number of household members

Household income limit

$38,010

$59,730

$43,440

$65,160

$48,870

$70,590

$54,300

8 or more

$76,020

Source: U.S. Department of HUD, “HUD Program Income Limits,” available at

Refund Options:

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Direct Deposit.

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savings account, fill in oval and enter bank routing and account numbers. See instructions.

Routing Number

Account Number

Lower Income Long-Term Homeowner Credit

What is the Lower Income Long-Term Homeowner

cooperative property. Keep in your records any documentation

Credit?

given to you by your housing cooperative’s manager.

This credit gives you a refund (if you have no outstanding

What is total household federal adjusted gross income?

DC government liabilities) from DC individual income tax for

In Section B, you must report the federal adjusted gross income

certain DC real property taxes imposed. Subtract the amount

of every member of your household, including any income not

that equals 1.05 of the real property tax imposed for tax year

subject to DC income tax. To help you complete this calcula-

2015 from the real property tax imposed for tax year 2016.

tion, obtain the federal adjusted gross income figure from all

The difference is your potential refund.

members of the household and total it in Section C. Household

Who is eligible?

members are all the people you live with whether or not they

A person claiming the credit must own, and have had real

are related to you. For example, if you live in a house where

property taxes imposed on, a DC residence in which he/she

you share the kitchen and bathroom with one or more persons,

has lived as a principal residence for at least seven consecu-

they are household members. If you rent out part of your house

tive years immediately prior to the last day of the tax year.

and share the kitchen and bath with a tenant, you must report

Do not file Schedule L if your household income is more than

the tenant’s federal adjusted gross income as part of the total

the limit shown in the Section D Household Income table for

household income.

the number of members of your household.

• Note: The credit is available only for real property or a

When is Schedule L due?

unit in a cooperative housing association receiving the

• The 2016 Schedule L must be filed by December 31, 2017.

homestead deduction. There is only one credit allowed per

household.

How do you claim the credit?

• If you are a member of or a shareholder in a housing co-

• Complete the property owner’s information and Sections A,

operative which is receiving the homestead deduction for

B and C.

your unit fill in the “Yes” ovals on Lines 1 and 2, Section A.

• Report the federal adjusted gross income of every member

If your answer is “Yes” to Line 3 in Section A, contact your

of your household.

housing cooperative’s manager to determine the correct

• Mail this schedule to the Office of Tax and Revenue, 1101

entries for Section B, Lines 7 and 8 based on your por-

4th Street, SW FL4, Washington, DC 20024.

tion of the real property tax imposed on the entire housing

2016 SCHEDULE L P1

Revised 09/16

Lower Income Long-Term Homeowner Credit

Schedule L - Lower Income Long-Term Homeowner Credit - 2016 Page 2

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