ARE YOU ELIGIBLE TO SAVE ON YOUR PROPERTY TAXES?
Homestead exemption is a constitutional guarantee that reduces the taxable value of residential property for qualified permanent residents.
Homestead Exemption Up to $50,000
Every person who owns and resides on real property in Florida on January 1 and makes the property their permanent residence is eligible to receive a homestead exemption up to $50,000. The first $25,000 applies to all property taxes, including school district taxes. The additional exemption up to $25,000, applies to the assessed value between $50,000 and $75,000 and only to non-school taxes.
If one spouse holds the title, the other spouse may file for the exemption with the consent of the titleholder.
If filing for the first time, be prepared to answer these questions:
1. In whose name or names was the title to the dwelling recorded as of January 1?
2. What is the street address of the property?
3. How long have you been a legal resident of the State of Florida? (A Declaration of Domicile or Voter’s Registration will be proof of date before January 1.)
4. Do you have a Florida license plate on your car and a Florida driver’s license?
5. Were you living in the dwelling on January 1?
The deadline to file an application for exemption is March 1st. Under Florida law, failure to file for any Exemption by March 1st constitutes a waiver of the exemption privilege for the year.
Regular filing is January 2nd- March 1st.
Pre-filing for the coming year is March 2nd- December 31st.
More about Homestead Exemption
Kissimmee HOMESTEAD EXEMPTION – EXENCION TRIBUTARIA PLAZO HASTA MARZO 1 -2010