Credit Letter Example With Address In Cuyahoga
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FAQ
The Owner-Occupancy Credit (formerly known as the 2.5% Rollback) is a tax reduction for owner-occupied residential homes. The credit applies only to tax levies passed or in existence prior to the November 2013 election.
To receive up to a 2.5% tax reduction on an owner-occupied home in Ohio, you must own and occupy that home as your principal place of residence on January 1 of the year you file for the reduction. A homeowner and spouse are entitled to this credit on only one home.
Owner-Occupancy Credit: The owner-occupancy credit is a 2 1/2% reduction in the taxes charged by qualified levies. The reduction is applied against real property taxes and manufactured home taxes on any manufactured or mobile home on which a manufactured home tax is assessed.
