Ohio’s Homestead Exemption

Thanks to Hilliary Taylor in BDB’s Cleveland office for the below reminder:

Effective June 27, 2007 the real property tax homestead exemption in Ohio is available to all senior citizens age 65 and older, or totally disabled people, regardless of income. The deadline for new applications is October 1, 2007.

The Homestead Exemption is available to homeowners who are 65 years or older or totally disabled under the age of 65. Surviving spouse of a qualified homeowner who was at least 59 years old on the date of their spouse’s death is also eligible. You must be the owner of the home or manufactured home and it must be your primary residence on January 1 for the tax year you apply.

With the passage of House Bill 119 on June 27, 2007 the State Legislature has expanded the homestead relief program, a reduction in property taxes, for senior citizens. The income limits under the former homestead program have been eliminated.

Under the new program every senior citizen or permanently disabled homeowner will receive an exemption of $25,000 on the market value of their home from property taxes, regardless of their income.

Applicants can apply for Homestead Exemption in the year they turn 65 as long as they own and occupy the house as of January 1 of the year they file.

Click here for more information from Summit County and for the application itself.

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