The credit cannot be more than your North Carolina tax liability; therefore, you must complete Part 3 of Form D-400TC to limit the credit to the tax liability. The effective date for removal of exemptions and credits must be on or before January 1, 2025.Permanent Florida residency required on January 1. AV-10 Application is for property classified and excluded from the tax base under North Carolina General Statute. Late filing is permitted through early September. The application deadline for the homestead tax relief programs is June 1. Douglas County has additional exemptions. Florida law provides for many property tax exemptions that will lower your taxes, including homestead exemption. The deadline to apply is March 1, 2025. Taxpayers who are selling their home may qualify to exclude all or part of any gain from the sale from their income when filing their tax return.
