Wednesday, January 16, 2013

Homestead Exemption Time

It's time to file your Homestead exemption if you bought a home in the last year.

 Homestead exemptions remove part of your home's value from taxation. If you want to receive a homestead exemption for the taxes on your home, the home must first qualify as a residence homestead on January 1 of the year in which you are applying.

There are two requirements:
1. You must own your home on January 1. (If you are over 65,and/or
    disabled the January 1 ownership and residency are not required.)
2. You must use the home as your principal residence on January 1.


Visit your local county website to fill out the form. Be Sure to submit it by April 1.

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