State Homestead Exemption for the Elderly

State

Georgia

Year

2014

Variations in Receipt of Benefit

No Variation in Receipt of Benefits

Benefit Type

Exemption

Benefit

Eligible taxpayers receive a full exemption of property taxes levied by the State of Georgia. Exemption applies to residential property up to 10 acres of land surrounding the home.

How is Benefit Disbursed

Exemption from assessed value

Eligible Property Type

Residential

Characteristics of Eligible Property

Only residential property is eligible for this program, including up to 10 acres of land surrounding the home.

Eligibility Criteria

Age

Homeowner

Principal Residence

Description of Eligibility Criteria

Eligible applicants must be at least 65 years old. They must also occupy their property as a primary residence.

State Funding for Local Tax Loss

State reimburses all of the local government tax loss

Record ID

GA110_RR14

Footnotes

Sources

Ga. Code Ann. § 48-5-48.3 (in effect for 2014)
Department of Revenue, Property Tax Guide for Georgia Citizens (December 2014) [http://dor.georgia.gov/sites/dor.georgia.gov/files/related_files/document/Property%20Tax%20Guide%20for%20Georgia%20Citizens_0.pdf Accessed on 05/29/2015] View Archived Source

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