Homeowners Exemption
ABOUT THE HOMEOWNERS EXEMPTION
An exemption may be granted if the dwelling and up to one acre of land is used as a primary residence and owner-occupied. To qualify, an owner must complete and submit an application, to the County Assessor’s office, during the current calendar year. Once you apply and qualify for this exemption, you only need reapply if you move or if the ownership changes.
This exemption allows 50% percent of the value of your home including up to one acre of land to be exempted, or up to $125,000 worth of exemption; whichever is less.
To qualify, applicants must own, occupy and use the dwelling as their primary dwelling. Although there are no income or age restrictions to qualify for the Homeowner’s Exemption, taxpayers can qualify for an exemption on only one home. The statute governing qualifications for the Homeowner’s Exemption is 63-602G; to find a copy of the statute please click here.
The exemption will be extended to all newly constructed and occupied residential structures, including new manufactured housing, if the owner applies for and meets the requirements for such exemption within thirty (30) days of notification of appraisal by the assessor, according to Statute 63-317.
An application for Homeowner’s Exemption can be filled out in the County Assessor’s office. Each individual owner must make application. (You may be asked to provide a picture ID.)
Or print the application and return the completed form. Incomplete applications are subject to denial.
When the application is approved, the exemption is permanent as long as one owns and occupies the property. If the property is sold, the new owner must file an application with the assessor’s office.
Notices of approval are not sent to homeowners. To verify that your exemption has been processed please review your annual assessment notice. If you believe there is an error pertaining to your exemption contact our office at (208) 736-4010.
To prevent delay, an application should be submitted as soon as the owner has moved into the home as a primary dwelling. The statutory deadline for filing an application is within the current calendar year.
Many taxpayers wait until the last minute to apply for these exemptions. Others fail to qualify because they misunderstand the law’s guidelines and deadlines.
Applying now provides assurance that all supporting documentation was obtained in time.