grandma and grandson

Elderly or Disabled Property Tax Deferral (Circuit Breaker)

Allows qualifying individuals the option to defer a portion of the property taxes owed on their permanent residence. Income must not exceed $56,850. Application deadline is June 1.

The Circuit Breaker program allows qualifying individuals the option to defer a portion of the property taxes owed on their permanent residence.

Current Deferral Limits

  • $37,900 or less - The portion of property taxes that exceeds 4% of the owner’s income may be deferred.
  • $37,900 but less than or equal to $56,850 - The portion of the property taxes that exceeds 5% of the owner’s income may be deferred. 

Qualified applicants under 65 must have a medical professional complete Form AV-9A Disability Certification on their behalf.

How to Submit Your Exemption Application

Please send your completed application to [email protected] (preferred) or mail to:

County Assessor’s Office-Real Property Exemptions 
P.O. Box 31127
Charlotte, NC 28231

Requirements

  • Must be 65 or older or totally and permanently disabled.
  • Income does not exceed $56,850.
  • Must have owned and occupied the property as the owner's permanent residence for at least 5 years.
  • Must be a North Carolina resident.