Homeowners over the age of 65: Must not have a total household income over $38,600/year if applying in 2024, or $40,000 if applying in 2025, which includes the Ohio adjusted gross income of the owner and the owner's spouse. Must be age 65 by December 31 of the calendar year for which the exemption is sought.
Ohio Disabled Veteran Homestead Property Tax Relief: Veterans who have a 100% disability rating from the VA are eligible for expanded Homestead Exemption property tax relief on their primary residential home.
COLUMBUS—State Senator Tom Patton (R-Strongsville) introduced legislation that creates a property tax freeze for senior citizens, 65 years and older with an annual adjusted gross income of less than $70,000.
To apply, complete the application form (DTE 105A, Homestead Exemption Application Form for Senior Citizens, Disabled Persons, and Surviving Spouses), then file it with your local county auditor. The form is available on the Department of Taxation's website and is also available from county auditors.
Who is eligible for the Homestead Exemption program? Those eligible must be 65 years of age or older or be permanently or totally disabled, meet annual state set income requirements, and own the home where they live as of January 1st or the year in which they apply.
Ohio's Homestead Exemption protects the first $25,000 of your home's value from taxation. For example, if your home is worth $100,000, you will be taxed as if the home were worth $75,000. On average, those who qualify for the exemption save $400 a year.
Ohio Disabled Veteran Homestead Property Tax Relief: Veterans with a 100% disability rating from the VA are eligible for expanded Homestead Exemption property tax relief on their primary residential home. Eligible Veterans can exempt $50,000 of the assessed value of their primary residential home from property taxes.
Homeowners over the age of 65: Must not have a total household income over $38,600/year if applying in 2024, or $40,000 if applying in 2025, which includes the Ohio adjusted gross income of the owner and the owner's spouse. Must be age 65 by December 31 of the calendar year for which the exemption is sought.
Ohio has three types of Homestead Exemptions: (1) senior and disabled persons, (2) disabled veterans, and (3) surviving spouses of public safety personnel killed in the line of duty. This article focuses on the first two types of Homestead Exemption.