Don't forget to file for Homestead Exemption in Georgia!

By
Real Estate Agent with Fred Williams New Home Sales, Inc

The following Q & A was posted by the Effingham County Tax Assessor's Office, and it's extremely informative for those of you who wonder if you qualify for Homestead Exemption.  Who couldn't use a tax break? 

What are the homestead exemptions offered by the State and county?
The homestead of each resident of the State of Georgia actually occupied as a residence and homestead on January 1 of the tax year, may be exempted from certain Ad Valorem Taxation providing the exemption is returned and claimed in the manner prescribed by law and approved by the County Board of Assessors.

All exemptions must be filed with the Tax Assessors office between 8:30 AM and 5:00 PM, Monday through Friday. Application must be filed by April 1 to apply to current year.

Failure to make application within the prescribed time frame constitutes a waiver of the exemption for that year. Georgia law does not provide for extension of time for filing. All exemptions once approved, are automatically renewed each year until eligibility changes.

HOMESTEAD EXEMPTIONS IN EFFINGHAM COUNTY

Code Exemption  County County School School State Age Other Net Fed. Adj.    
  Type Gen. Bond Gen. Bond       Income  Gross     
S1 Regular 4,000 -0- 2,000 -0- 2,000            
SC / L10       Age 65       4,000       -0-       12,000               100% on Home & 10AC 2,000 on balance 65         No requirement       <10,000      
S3 / L12 Elderly - Age 62 4,000 -0- 10,000 10,000 2,000 62    
S4 / L13 Elderly - Age 65 6,000 4,000 20,000 20,000 100% on Home & 10AC 4,000 on balance 65   <10,000      
S5 100 % Disabled Veterans Un-remarried spouse 50,000 50,000 50,000 50,000 50,000   100% disability Un-remarried        
SD     Age 65 100% Disable Veteran; Un-remarried Surviving Spouse Disabled veteran   50,000     50,000     50,000     50,000   100% on Home & 10AC 50,000 on balance  65   un-remarried un-remarried        
SS   Surviving Spouse US Service member killed in action 50,000   50,000   50,000   50,000   50,000       un-remarried  
SE     Age 65 Un-remarried Spouse US Service Killed in action 50,000     50,000     50,000     50,000     100% on home & 10AC 50,000 on balance 65   un-remarried  
SG Un-remarried Spouse Firefighter or Peace Officer killed in line of duty 100% 100% 100% 100% 100%   Un-remarried  
S6 Elderly - Age 62 Floating On home Up 5 AC -0- 2,000 -0- Floating on home & up to 5 AC 62     <30,000    
S8 Elderly - Age 62 Floating On home Up 5 AC -0- 10,000 10,000 Floating on home & up to 5 AC 62   <10,000 <30,000    
S9 Elderly -  Floating On home Up 5 AC 4,000 10,000 10,000 Floating on home & up to 10 AC 65   <10,000 <30,000    
   To qualify for homestead exemption, a person must actually occupy the home and the home is considered their legal residence for all purposes. Persons that are away from their home because of health reasons will not be denied homestead exemption. If the age of the qualifying person is 65 or older, an exemption of 100% on the home and up to 10 contiguous acres of land may be granted for state purposes.  Any qualifying disabled veteran ( Wartime Veteran - Totally disabled) may be granted an exemption of $50,000 from paying property taxes for state, county, municipal and school purposes.  The value of the property in excess of this exemption remains taxable.  This exemption is extended to the un-remarried surviving spouse or minor children. (O.C.G.A. 48-5-48)  If the age of the veteran is 65 or older, an exemption of 100% on the home and up to 10 contiguous acres of land may be granted for state purposes. (O.C.G.A. 48-5-48.3) (Requires letter form Doctor verifying disability) The Surviving Spouse of a member of the armed forces who was killed in any war or armed conflict will be granted a homestead exemption from all ad valorem taxes for state, county, municipal and school purposes in the amount of $50,000.  The surviving spouse will continue to be eligible for the exemption as long as they do not remarry. (O.C.G.A. 48-5-52.1)  If the age of the surviving spouse is 65 or older, an exemption of 100% on the home and up to 10 contiguous acres of land may be granted for state purposes. The un-remarried spouse of a firefighter or peace office killed in the line of duty will be granted 100% exemption from all ad valorem taxes for state, county, municipal and school purposes. Effective June 1, 2005 there will be NO DEADLINE for filing for homestead.  Applications can be filed year-round. APRIL 1 is the deadline for receiving homestead applications for the current year. 
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