Letter from attorney to opposing counsel requesting documentation concerning homestead exemption for change of venue motion.
Letter from attorney to opposing counsel requesting documentation concerning homestead exemption for change of venue motion.
Age 65 or older Single or HOH gets an additional $1,950 standard deduction ($1,850 for 2023); $1,550 each age 65 for MFJ, MFS or QW ($1,500 for 2023).
The Senior Property Valuation Protection Option (Senior Freeze) is available to residential homeowners, 65 years of age or older, who meet specific guidelines based on income, ownership, and residency (Arizona Constitution, Article 9, Section 18.)
Arizona also allows exemptions for the following: The taxpayer or their spouse is blind. The taxpayer or their spouse is 65 years old or older.
Claiming a Homestead Exemption The Arizona homestead exemption is automatic, meaning that no written claim is required. If a person desires to waive the exemption, the person must record the waiver in the office of the county recorder.
If you choose not to itemize on your Arizona tax return, you can claim the Arizona standard deduction, which is $14,600 for single filers and $29,200 for joint filers for tax year 2024 (filed in 2025). Each of these match the federal standard deduction.
There is no inheritance tax in Arizona. If you have a loved one who lives in another state, however, you should check the local laws. Pennsylvania, for instance, as an inheritance tax that can apply to out-of-state heirs. Arizona also has no gift tax.
The Senior Valuation Protection Option freezes the property valuation of residential homeowners who are 65 years of age or older if they meet specific qualifications and make application to the County Assessor. The valuation freeze is for three years and may be renewed at the end of the third year.
Arizona law provides for “freezing” of the current Limited Property Value for future years of all real property and improvements (including mobile homes) of homes owned and occupied by qualifying seniors.