Variations in Receipt of Benefit
No Variation in Receipt of Benefits
The benefit is a flat exemption of $25,000 of the market value of an eligible homestead.
How is Benefit Disbursed
Exemption from assessed value
Eligible Property Type
Characteristics of Eligible Property
Eligible property includes residential homesteads and up to one acre of surrounding land. Manufactured homes are also eligible for this exemption.
Description of Eligibility Criteria
Eligibility is restricted to homeowners age 65 and older, or disabled, or surviving spouse of a deceased taxpayer who had previously received the exemption is at least 59 years years old. Peace officers, firefighters, and first responders qualify for the exemption irrespective of their volunteer or paid positions. Only one of the principal owners of the homestead needs to be 65 years of age in order to meet age qualifications. Individuals who attained 64 prior to 1 January of the year of application or the first or become disabled prior to 1 January of the year of application, will be eligible for the homestead exemption if their qualifying income is below the state-established threshold. The threshold is indexed each year. The income ceiling for 2021 application year is $34,200. Participants who received a real property homestead exemption tax credit for tax year 2013 or exemption for manufactured home for tax year 2014 are exempt from the income ceiling requirement. Applications must be filed with the county auditor by 31 December in the year in which the exemption is sought in order to qualify. Subsequent applications are not required unless eligibility conditions change.
Local Option in Adoption of Program
Local government is unable to exercise an option
Local Option Regarding Program Features
No local option regarding program features
State Funding for Local Tax Loss
State reimburses all of the local government tax loss
Description of State Funding for Tax Loss
The state reimburses local governments for the cost of these tax credits.
[https://tax.ohio.gov/wps/portal/gov/tax/help-center/faqs/real-property-tax-homestead-means-testing/real-property-tax--homestead-means-testing Accessed 02/24/2022]
View Archived Source
Ohio Department of Taxation Application for Homestead Exemption for the Elderly and Disabled, (2020)
[https://tax.ohio.gov/static/forms/real_property/dte_105a.pdf Accessed 02/24/2022]
View Archived Source
[https://www.tax.ohio.gov/real_property/faqs/homestead_exemption_faqs/tabid/3074/Default.aspx?QuestionID=304&AFMID=9554 Accessed 02/24/2022]