Property Tax Exemption for Senior Citizens
A property tax exemption is available to senior citizens, surviving spouses of senior citizens, and disabled veterans. For those who qualify, 50 percent of the first $200,000 in actual value of their primary residence is exempted. The State pays the exempted portion of the property tax. Once approved, the exemption remains in effect for future years, and the applicant should not reapply. Note: The senior property tax exemption has been approved for the 2020 tax year, payable in 2021.
The exemption is available to applicants who: a) are at least 65 years of age as of January 1 of the year of application, b) owned their home for at least 10 years as of January 1, and c) occupied it as their primary residence for at least 10 years as of January 1. Limited exceptions to the ownership and occupancy requirements are detailed in the qualifications section of the application. The senior citizen exemption is also available to surviving spouses of senior citizens who met the requirements on any January 1 after 2001. The application deadline for each year is July 15. If the application is not filed by July 15, the assessor is authorized to accept late applications through August 15; however, applicants will not have appeal rights for applications filed after July 15.
The Long Form is intended for individuals applying under the surviving spouse option and for applicants applying as the qualifying senior who falls within certain exceptions to the occupancy and ownership requirements.
The exceptions are: 1) the ownership has been transferred to or purchased by a trust, corporate partnership or other legal entity solely for estate planning purposes; 2) the qualifying senior, spouse, or surviving spouse was or is confined to a nursing home, hospital or assisted living facility; or 3) the prior residence was condemned in an eminent domain proceeding by a governmental entity.
If you are unsure which form you need, please call the assessor's office at 303-679-2322.