Homestead Exemption Application For Senior Citizens In Fulton
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2024 Senior Citizen-Standard Income Tax Deduction For those 65 years of age or legally blind, the standard deduction was increased in 2024 to $1,950 for Single filers or Head of Household, and $1,550 (per person) for married filing jointly, married filing separately, and Surviving Spouses.
(b) Any person who is a senior citizen and resident of Georgia is granted upon application an exemption on his or her homestead which such person owns and actually occupies as a residence and homestead in an amount equal to the actual levy for state ad valorem taxation made pursuant to Code Section 48-5-8 with respect ...
A retirement exclusion is allowed provided the taxpayer is 62 years of age or older, or the taxpayer is totally and permanently disabled.
UPDATE April 2024: Fulton County homeowners who are over age 65 and who live outside of the City of Atlanta may be eligible for a new $10,000 homestead exemption providing relief for the Fulton County Schools portion of property taxes. There is no income limit for this exemption.
You must be 65 years old or older. You must be living in the home to which the exemption applies on January 1 of the year for which the exemption applies. Your net income, or the combined net income of you and your spouse must not be greater than $10,000 for the preceding year.
Gather What You'll Need Homeowner's name. Property address. Property's parcel ID. Proof of residency, such as a copy of valid Georgia driver's license and a copy of vehicle registration. Recorded deed for new owners, if county records have not been updated. Trust document and affidavit, if the property is in a trust.
Eligible taxpayers 65 years of age or over receive an exemption of $4,000 from all state and county property taxes. Through local option, counties may increase the amount of the exemption.
To be eligible for a homestead exemption: You must have owned the property as of January 1. The home must be considered your legal residence for all purposes. You must occupy the home.
