A homestead exemption removes part of the value of your residence from taxation and lowers your taxes. Now, that's something to chirp about. In order to qualify you must own your home as of January 1 of the tax year and use the home as your principal residence.
According to the Jefferson County Appraisal District there are actually four types of homestead exemptions:
- General Homestead- for every homeowner
- Over 65 Homestead
- Surviving Spouse Over -65 Homestead
- Disability Homestead
Exemption applications, other than over 65, must be filed between January 1 and May 1 of each tax year.
To find out how much you will save by filing for homestead current rates for Jefferson County are posted on the JCAD website.
The Window on State Government Website gives the following information for filing for homestead.
How do I get a general $15,000 homestead exemption?
You may file an Application for Residential Homestead Exemption with your appraisal district for the $15,000 homestead exemption up to one year after the taxes on the homestead are due. Once you receive the exemption, you do not need to reapply unless the chief appraiser sends you a new application. In that case, you must file the new application. If you should move or your qualification ends, you must inform the appraisal district in writing before the next May 1st. A list of appraisal district addresses and phone numbers is available online.
If you need a copy of Hardin, Jefferson, or Orange County's Homestead Exemption form contact me and I'll email it to you. Just make sure you remember to file before April 30, 2010. There's no reason to pay more taxes than you have to. Share this with all your friends who found a nest to call home last year and they will be singing your praise. Happy New Year!