Homestead Exemption

Filed under: — tkm July 13, 2007 @ 23:0 pm

Homestead exemption applications available
Sunday, January 13, 2008 10:32 PM EST
PDT Staff Report

Senior citizens who didn’t apply for the homestead exemption last year – and the tax savings it means on bills now being mailed to property owners – will now get another chance to sign up.

Starting today, county auditors throughout Ohio will again be accepting applications for the homestead exemption through June 2.

Seniors who already are signed up do not need to reapply; the new enrollment period is designed primarily for individuals who were not previously eligible for the newly-expanded homestead exemption.

But, for senior citizens and permanently and totally disabled Ohioans who were eligible last year and missed the Oct. 1 deadline to sign up, the new enrollment period presents another opportunity to claim the exemption for the 2007 tax year.

Homestead applications for the 2008 tax year (bills payable in 2009) are now available from the Ohio Department of Taxation or from county auditors. The new applications include a box, “Late application for prior year,” that taxpayers may check if they also wish to claim the exemption for the 2007 tax year.
Taxpayers may check the box as long they are seeking the exemption for a home they have owned and lived in since Jan. 1, 2007.

Completed applications should be submitted to the local county auditor.

How taxpayers receive the credit for late homestead exemption applications for 2007 will depend on when the applications are received and approved. Taxpayers may receive a corrected first half tax bill that includes the homestead savings, have the entire tax savings applied to the second half bill, or receive a refund in the form of a check later this year.

The expansion of the homestead exemption was a key component of the two-year state budget bill proposed by Governor Ted Strickland and enacted by the Ohio General Assembly. The legislation generally allows all senior citizens and permanently and totally disabled Ohioans, regardless of income, to exempt $25,000 of the market value of the home they owned and lived in on Jan. 1 from property taxes.
The exact amount of savings from the exemption will vary from community to community based on local tax rates. On average across Ohio, homeowners enrolled for the homestead exemption are expected to save about $400 this year.

The homestead exemption form, DTE-105A, is available at or directly at the following URL:

posted by tkm 1-17-08
Expanded Homestead Exemption Program

The Expanded Homestead Exemption Program was signed into law by Governor Strickland.

What does this mean for Ohio seniors and permanently and totally diabled Ohioans?

The Homestead Exemption allows senior citizens and permanently and totally disabled Ohioans to reduce their property tax burden by shielding some of the market value of their home from taxation.

This reduction is now available to ALL Ohio homeowners, regardless of income, who are either age 65 or older or permanently and totally disabled.

See attached pdf’s for further information. Also, provided is a pdf of the form, which must be completed and returned to the county auditor’s office by October 1, 2007.

CLICK:  2007 Proposed Tax Relief

CLICK:  4-18-07 Strickland Announcement

CLICK:  6-29-07 Expanded Homestead Exemption Program

CLICK:  6-29-07 Homestead Exemption Questions

CLICK:  2007 Homestead Exemption Application

posted by tkm 2007

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