So how might you lower your property tax bill? There are two primary methods of reducing your tax burden, including: filing an appeal (available to all homeowners), and. if you meet certain qualifications, claiming tax breaks articulated within Florida's laws.

Homestead Exemption: Every person who has legal or equitable title to real property in the State of Florida and who resides thereon and in good faith makes it his or her permanent home is eligible to receive a homestead exemption of up to $50,000. The first $25,000 applies to all property taxes.

Florida residents may take advantage of a number of property tax exemptions. The exemptions are designed to provide a discount to property taxes.

When someone owns property and makes it his or her permanent residence or the permanent residence of his or her dependent, the property owner may be eligible to receive a homestead exemption that would decrease the property's taxable value by as much as $50,000.

$5000 DISABILITY EXEMPTION Florida residents with a total and permanent disability or armed service members with at least 10% disability caused by a service-connected disability are eligible. A letter from a Florida physician or a disability award letter from Social Security may be used to verify disability.

Senior Exemption Information The Senior Exemption is an additional property tax benefit available to home owners who meet the following criteria: The property must qualify for a homestead exemption. At least one homeowner must be 65 years old as of January 1.

As a senior citizen, you probably will end up paying property taxes for as long as you are a homeowner. However, depending on the state you live in and often once you hit your 60s (usually around the ages of 61 to 65), you may be eligible for a property tax exemption.

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Discounts are applied for early payment:. If the homesteaded owner dies and the property continues to receive a Homestead Exemption in the name of the deceased owner.If you have any questions on filing for property tax exemptions, please contact our office at 813-272-6100. ✓ Pay online anytime at hillstax. Submit all applications and documentation to the property appraiser in the county where the property is located. According to Florida Statute 197.162, you can receive a discount on your property taxes if they are paid early. Don't miss out—the earlier you pay, the more you save! No Discount for March Payments. A homesteaded property is one that you own as your primary residence. Instructions: Use your bank's bill pay service.

Discount For Property Tax In Hillsborough

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