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  • Ok Otc 994 2023

Get Ok Otc 994 2023-2025

State of Oklahoma Application for Property Valuation Limitation and Additional Homestead ExemptionOTC 994 Revised 112022Return to County Assessor by March 15Applicants Social Security Number (Optional.

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In most cases, the deadline for paying property taxes is December 31. Taxes that are unpaid on January 1 are considered delinquent. Penalty and interest charges will be added to the original amount.

The property owner must be age 65 or over as of January 1st to qualify. Gross household income from the preceding year does not exceed the 2023 maximum income qualification of $85,300. This includes income from all sources (including all persons occupying the home), except gifts.

In Oklahoma, under normal circumstances, if you don't pay your property taxes for three or more years, the county treasurer can sell your home to satisfy the unpaid debt. (Okla. Stat.

The refundable credit relieves property taxes exceeding a threshold of 1% of income if gross income is $12,000 or less. The maximum benefit is $200. The benefit is disbursed as an income tax credit or as a direct rebate if the claimant is not required to file an income tax return.

Eligible senior citizens automatically receive a reduction of at least $2,000 in the EAV of their homes. Over time, this program may result in taxes changing minimally or sometimes decreasing as surrounding properties continue to rise in assessed value.

The property owner must be age 65 or over as of January 1st to qualify. Gross household income from the preceding year does not exceed the 2023 maximum income qualification of $85,300. This includes income from all sources (including all persons occupying the home), except gifts.

You must be a resident of Oklahoma. To Apply: A person may apply for Homestead Exemption in person, by mail, or by e-mail to applications@okco14.org. The homestead form can be mailed to you, or you may download the form from the website through a link shown on the homepage.

Senior citizens (65 and Older) earning $85,300 or less are eligible for the Senior Valuation Freeze which can reduce your property tax bill over time. This will freeze the taxable, or assessed value, of your residential property.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
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
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
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 WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
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