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Residents can sign on for Homestead exemption

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By Walt Reichert

If you are at least 65 years of age, you can save yourself $300 to $350 on your property taxes this year just by showing proof of age.

The state's Homestead exemption law allows residents who are 65 years of age or older as well as residents who are 100 percent disabled to deduct $31,400 from the assessed value of their home before property taxes are paid. That means if a home is assessed at $100,000, the owner will have to pay property taxes on only $68,600.


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The Sentinel-News | circulation@sentinelnews.com | 502-633-2526
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