DAYTON – Montgomery County Auditor Karl Keith is reminding homeowners who may be eligible for the Homestead Exemption Program that the deadline to apply is Monday, June 6.
The Homestead Exemption provides seniors age 65 or older, or those permanently and totally disabled, a property tax credit on their annual real estate tax bill. In Montgomery County, the average savings is nearly $700 for those who enroll and qualify. Totally disabled veterans may be eligible for additional benefits.
According to Keith, legislation approved by state lawmakers in 2014 created new limitations to the Homestead Exemption. Only those homeowners whose total adjusted gross household income is $31,500 or less will be eligible. Homeowners are additionally required to own and occupy their residence on January 1, 2016 to be eligible for this tax credit and must be 65 years of age or turn 65 by December 31, 2016.
“We want everyone who might be eligible for the Homestead Exemption program to sign up and apply for this valuable tax break,” Keith said. “If someone has questions, I urge them to call my office’s Homestead Hotline at 225-4341 to find out more information.”
Keith will be running public service advertisements on the radio until the deadline. Keith also visited the Area Agency on Aging Senior Citizen’s Day on Friday at Hara Arena where he spoke with eligible homeowners and raised awareness for the exemption.
The Auditor’s Office has so far received more than 750 Homestead applications this year, said Keith. There are currently more than 45,000 homeowners in Montgomery County receiving the Homestead Exemption. Recipients already receiving the benefit will continue to receive the credit as they have in the past and do not need to re-apply, according to Keith.
Montgomery County residents who believe they may be eligible should visit www.mcauditor.org/homestead for more information. Homestead Exemption forms can be downloaded and printed from the website. Montgomery County residents who have any questions or concerns can call the Auditor’s Homestead Hotline at 225-4341 for assistance.
Reach the Auditor’s Homestead Hotline at 225-4341 for assistance.