The homestead application is normally filed at the same time the initial tax return for the homestead property is filed. Once granted, the homestead exemption is automatically renewed each year. Under the authority of the State Constitution, several different types of homestead exemptions are provided.
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.
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.
And provide additional information about the homestead exemption. Application process it isMoreAnd provide additional information about the homestead exemption. Application process it is important to ensure that the property ID is accurate when submitting your exemption.
The standard homestead exemption in Georgia is $2,000. This $2,000 is deducted from the 40% assessed value of the homestead.