DAYTON — Montgomery County Auditor Karl Keith is notifying homeowners who may be eligible for the Homestead Exemption Program that the deadline to apply for this year’s exemption has been extended to the end of the year, thanks to recently enacted legislation.
Eligible homeowners will now be able to apply for the Homestead Exemption year-round in a change that takes effect Thursday. The application deadline, previously set in the Ohio Revised Code as the first Monday in June of each year, is now December 31.
The change comes as part of the County Auditors’ Cleanup Bill, HB 166, which passed through the Ohio General Assembly in May and was signed by the governor.
“Ohio’s county auditors advocated for this change to make it easier for Ohioans to receive this benefit, by expanding the application window and alleviating unnecessary confusion,” said Keith.
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.
Only those homeowners whose total adjusted gross household income is $31,500 or less are eligible for the exemption. Homeowners are additionally required to own and occupy their residence on January 1, 2016 to be eligible for this year’s 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.”
The Auditor’s Office has already 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.