Who qualifies for PA homestead exemption?
The Homestead/Farmstead Exclusion (Act 50) is a program that reduces your market value by $18,000 for county taxes only. To qualify, you must be the owner and occupy the dwelling as your primary residence. The application deadline is March 1 of each year. You do not have to reapply each year.
Is there a homestead exemption in Pennsylvania?
In November 1997, Pennsylvania voters approved a change in the Commonwealth constitution to allow a method of real property tax relief, a homestead exclusion, to be implemented in Pennsylvania. A home-stead exclusion provides real property (also known as “real estate” or “property”) tax relief to homeowners.
How much is the Pennsylvania homestead exemption?
The Homestead Exemption reduces the taxable portion of your property’s assessed value. With this exemption, the assessed value of the property is reduced by $45,000. Most homeowners will save $629 a year on their Real Estate Tax bill. Once we accept your application, you never have to reapply for the exemption.
What qualifies as a homestead in PA?
Under law, a homestead is defined as dwelling, including the parcel of land on which the dwelling is located and the other improvements located on the parcel for which any of the following apply: The dwelling is primarily used as the domicile of an owner who is a natural person.
At what age do you stop paying property taxes in Pennsylvania?
You have to be: At least 60 years old (if you are married, either spouse needs to be 60) A widow or widower 50–60 years of age. Permanently disabled and 18–60 years old.
Does Pennsylvania freeze property taxes for seniors?
As a senior citizen who owns a home in this county, you can qualify for a flat 30% discount on your property taxes if the property is your primary residence. You have to be: At least 60 years old (if you are married, either spouse needs to be 60) A widow or widower 50–60 years of age.
Can I apply for Homestead online?
You can now electronically file your residential homestead exemption online utilizing the HCAD Mobile App. To submit the homestead application utilizing the mobile app, you will need 4 items. The date of occupancy on your residence.