House Bill 718: Homestead Exemption for Taxpayers 65 or Older

posted on 6/5/23
posted by Assessor (Sioux City)

GOVERNOR REYNOLDS SIGNS HOUSE BILL 718: HOMESTEAD EXEMPTION FOR TAXPAYERS 65 OR OLDER

  • This exemption is on top of receiving your yearly Homestead credit
  • Takes $3,250 off your taxable value for 2023 assessment year (taxes payable Sept. 2024/March 2025); $6,500 off 2024 assessment year (taxes payable Sept. 2025/March 2026)
  • Must be at least 65 on or before January 1, 2023
  • After applying, this exemption will stay on for consecutive years – there is no need to re-apply each year
  • For military veterans, the state is automatically increasing the exemption from $1,852 to $4,000 starting with the 2023 assessment year – there is no need to re-apply for that credit if you already have it
  • Disabled or Elderly Tax Credit (INCOME based) is handled through the Woodbury County Treasurer’s Office at 822 Douglas St.  All questions need to be directed to their office. 712-279-6495 

 

 

More News

Government Finance Officers Association News Release

posted 12/21/23 · Board of Supervisors

Treasurer's Office Introducing Appointments

posted 12/15/23 · Treasurer Treasurer's Office is introducing appointments!

Notice of Public Hearing: Proposed Salix Drainage District

posted 10/27/23 · Board of Supervisors

Watch Board Meetings on YouTube

posted 3/1/23 · Board of Supervisors

Woodbury County Launches New Website

posted 1/23/23 Discover our site's new features and improvements.

Woodbury County doorknob with 'W' design Stay Connected with Our County

Sign up to receive notifications when board meeting agendas are posted, job openings are announced, and more.

Notifications

This content was printed from the County website at woodburycountyiowa.gov on April 15, 2024.