Preliminary information for the Wholesale Marihuana Tax is now available.
Marihuana Retailers Excise (MRE) Tax
Homeowner's Principal Residence Exemption
Property Tax Forfeiture and Foreclosure
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| Maximum Taxable Value | $165,400 |
|---|---|
| Total Household Resources (THR) Limit | $71,500 |
| Phase-out begins when Total Household Resources exceeds | $62,500 |
| Credit Limit | $1,900 |
Note: Totally and permanently disabled may not be claimed if claimant was age 66 by February 28, 2025.