Homestead Exemption Program Community Forum In-Person
Montgomery County Auditor Karl Keith holds a community forum with residents answering questions about the Homestead Exemption Program.
The Homestead Exemption program allows senior citizens and permanently and totally disabled Ohioans that meet annual state set income requirements to reduce their property tax burden by shielding some of the market value of their home from taxation.
Q: What kind of property tax savings will I receive? A: In 2024, the Homestead Exemption, which takes the form of a credit on property tax bills, allows qualifying homeowners a reduction that is equal to the taxes that would otherwise be charged on up to $26,200 of the market value of their home.
Due to legislation passed in 2023, the exemption amount will be adjusted with inflation each year, starting in 2024.
Q: I missed last year's deadline. Can I stiill receive a Homestead Exemption for last year's taxes? A. Qualified applicants to missed last year's deadline may also sign up on or before December 31st and still get a reduction on last year's taxes payable this year.
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