Homestead Application Deadline In Utah
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You may be eligible for the primary residential exemption if you occupy your home for 183 consecutive days or more in a calendar year.
You may be eligible for the primary residential exemption if you occupy your home for 183 consecutive days or more in a calendar year. The exemption applies to your house and up to one acre of land. Apartments, condos and mobile homes also qualify.
Taxable Value Residential properties that serve as the primary residence of any household receive an exemption of 45% of fair market value. Therefore, the taxable value is only 55% of fair market value. Tax rates are applied to the taxable value to determine the property tax due.
Each state's homestead laws can vary, especially in the limits they place on the value or acreage of property to be designated as a homestead. Utah law doesn't reference acreage, and instead limits the homestead exemption to $20,000 if the property is the person's primary residence.
KEY TAKEAWAYS You can only deduct property taxes on your tax return if you take the itemized deduction. You can deduct up to $10,000 of state and local taxes — including property taxes — for single or married couples filing jointly and $5,000 for couples filing separately.
Must be 75 years of age prior to January 1, 2026. Property Assessed Value must be no greater than 100% of the Salt Lake County Median Property Value OR must have owned the residence for a continuous 20 year period as of January 1, 2025.
