It’s that time of year again… Time to fill out your Homestead Exemption Forms.
A homestead exemption reduces taxes by lowering a home’s taxable value. All school districts offer a $25,000 homestead exemption, and some taxing units offer additional optional reductions for the homestead exemption.Homeowners can lower their property taxes by applying for these exemptions for which they are eligible.You must OWN your own home and occupy it as your principal residence on January 1.You can have only ONE principal residence and ONE homestead exemption. Homeowners who are sixty-five years or older on January 1 are also entitled to an over 65 homestead exemption with a minimum reduction of $10,000 for school tax purposes.
Click the corresponding link below to download forms for your county:
Kick off the holiday season and celebrate the Zilker Tree 50th Ye
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