California Senior Citizen Property Tax Postponement

About This Program

California's Property Tax Postponement (PTP) program allows seniors (62+), blind, or disabled homeowners with household income at or below $51,762 to defer their annual property tax until the property is sold or transferred. Given San Francisco's high property taxes, this program can provide significant annual cash flow relief. Deferred taxes accrue 7% annual interest.

Full tax postponed with 7% annual interest; repaid at sale or transfer

Key Details

• Postpone annual property taxes for seniors (62+), blind, or disabled
• Income limit: $51,762 household income
• SF property taxes often $5,000–$20,000+ annually — significant relief
• Deferred taxes accrue 7% annual interest
• Apply by February 10 — call State Controller at (800) 952-5661

How to Apply

Deadline: Apply by February 10 for current year taxes