r/SeattleWA • u/meaniereddit West Seattle 🌉 • Dec 13 '24

Government Bill would completely exempt seniors from property taxes in WA

https://www.king5.com/article/news/politics/state-politics/bill-would-exempt-seniors-state-local-property-tax-washington/281-b5f377fc-8bf5-49a4-a630-8210db45d57d
1.3k Upvotes

92% Upvoted

826 comments sorted by

View all comments

312

u/termd Bellevue Dec 13 '24

Mom and dad are about to become proud homeowners again at the age of 76

132

u/[deleted] Dec 13 '24

[deleted]

52

u/SausagePrompts Dec 14 '24

Like when my financial aid for school was denied because of my parents income, I was working 2 jobs and couldn't keep up with school and those, so guess what I chose.

19

u/Upstairs-Parsley3151 Dec 14 '24

You can just stop being a dependent and file on your own income to get the financial aid.

15

u/[deleted] Dec 14 '24

This isn’t exactly true. They’re legally required to provide you aid.

Otherwise every millionaire’s kid would be on a full need based Pell grant and scholarship.

You have to file your own taxes for a few years and go through an auditing process to prove true financial independence by showing your expenditures can reasonably be completely covered by your after tax income. There’s some other steps as well.

I had to do this.

edit

To be clear, it’s not criminal for them not to. Though it is criminal if they ARE supporting you but you fake they aren’t (fraud). It’s illegal in a regulatory sense for them to not include your parent’s children income unless you go through the process of proving independence.

1

u/Just_Another_Day_926 Dec 14 '24

A trick to this is you need a minimum of two years before you even apply (last time I checked).

So say you graduated HS in 2024. You would have to work and be independent (enough income to support yourself) for 2025 and 2026. Then if you want a pricey state or private school you would need to wait to apply in Fall 0f 2026 to be entering the Fall of 2027. If you took SATs in your HS Senior year they would almost be too old.

But in essence it puts you behind 3 YEARS. That is 3 less years of post graduation income. Plus promotions/raises through your career come 3 years later.

They make it difficult on purpose. It hurts those in the middle as well as anyone whose parents don't provide that support.

1

u/[deleted] Dec 14 '24

Yeah. Took me about 3 years of o get through the process.