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  • Ptax-343-r Annual Verification Of Eligibility For ... - Lake County

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PTAX-343-R Annual Veri cation of Eligibility for Disabled Persons Homestead Exemption Read this rst To continue to receive the Disabled Persons Homestead Exemption (DPHE), you must le Form PTAX-343-R.

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Based on the prior year's income, the income limit is $35,167 for the 2023 exemption. This does not include tax-exempt bond interest or non-taxable social security income. You will be asked to provide a copy of your Federal 1040 Tax Form or your Social Security 1099 Form.

2022 Standard Tax Deduction for Seniors Over 65 Years of Age with the Standard Deduction Increase*: Filing Status2023 Standard Deduction Under 65 Years of Age2023 Additional Standard Deduction Over 65 Years of AgeSurviving Spouses$27,700$3,000Head of Household$20,800$1,8503 more rows

Seniors that qualify receive a $50,000 exemption on county taxes, and a $25,000 exemption on city taxes for participating municipalities. Do you qualify? Total prior year ADJUSTED gross income of ALL PERSONS LIVING IN THE HOUSEHOLD as of January 1, 2023 cannot exceed $27,030.

Applicants must provide a letter from the United States Government or United States Department of Veterans Affairs as proof. For additional information, contact us at 352-253-2154. Application must be submitted by March 1 of the year you wish the exemption to begin. You may apply using e-File, by mail, or in person.

There is an additional $50,000 homestead exemption (FLORIDA STATUTE 196.075) for person 65 and older. The adjusted gross income requirement for 2023 cannot exceed $35,167 for all members of the household. An application DR 501SC must be submitted along proof of income.

All homeowners who qualify for the homestead exemption will receive a flat $25,000 property tax exemption on the market value of their home.

Every home is different, but a homestead exemption in Florida can exempt up to $50,000 of your home's assessed value from tax liability.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232