Homestead Exemption Broward Phone Number In Wake
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The Additional $50,000 Homestead Exemption for Persons 65 and older (FS 196.075) reduces the assessed value of your property and can result in significant tax savings.
To get a homestead deduction on your Florida taxes, you have to fill out an application form, the DR-501, and demonstrate proof of residence by March 1 of the year for which you wish to qualify.
Your homestead and most other exemptions will automatically renew every year, unless you notify our office that you are no longer eligible. If you move, you must file a new homestead exemption application for your new residence.
You may also call our office at (954) 357-5579 for assistance with filing for any exemption or to schedule a virtual meeting with our staff.
January 1st of each year is the date when permanent residency is determined, by law. Timely filing period for Homestead exemption starts September 19th through March 1 of the following year (by way of example) 2023. The absolute deadline to file a late file (in this example 2023) is September 19, 2023.
To be eligible for a homestead exemption, you must own and occupy your home as your permanent residence on January 1. The deadline to timely file for a homestead exemption is March 1, 2024.
After your initial application for the Homestead Exemption has been made and the exemption has been granted, a receipt will be mailed to you each year in early January to verify that the status, use and ownership has not changed.
First-time Homestead Exemption applicants and persons applying for the Homestead Assessment Difference (Portability) can file online.
