Required Documentation for Homestead Exemption Application Your recorded deed or tax bill. Florida Drivers License or Identification Card. Will need to provide ID# and issue date. Vehicle Registration. Will need to provide tag # and issue date. Permanent Resident Alien Card. Will need to provide ID# and issue date.

Benefit to Homestead Exemption Florida law allows up to $50,000 to be deducted from the assessed value of a primary / permanent residence. The first $25,000 of value is entirely exempt. The second $25,000 exemption applies to the value between $50,000 - $75,000 and does not include a benefit on the school tax.

If you fail to timely file for the exemption, you waive your entitlement to the exemption for the year.

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.

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.

For homesteads valued at $95,000 or less, the exclusion is 40% of the market value, creating a maximum exclusion of $38,000. The exclusion is reduced as property values increase and phases out for homesteads valued at $517,200 or more.

In addition to the proof of Florida residency, you must be residing on the property as your primary residence as of January 1st. Social Security numbers are required for all owners and their spouses making application, even if the spouse does not own and/or reside on the property, per Florida Statute.

First-time Homestead Exemption applicants and persons applying for the Homestead Assessment Difference (Portability) can file online.

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If you have any questions on filing for property tax exemptions, please contact our office at 813-272-6100. Homestead status can save you money on your property taxes.Individual taxpayer identification numbers now qualify property owners for homestead exclusion. Contact your local property appraiser if you have questions about your exemption. File the signed application for exemption with the county property appraiser. Completing the form in its entirety will expedite the process of your application. Complete the form as follows: 1.

Apply For Homestead Exemption In Hillsborough County In Hennepin

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