Easing the Tax Burden for More Retirees

Thousands of Nebraskans 65 and older are newly eligible for a break on their real estate taxes. The deadline to apply is June 30.

In 2014, AARP Nebraska successfully pressed for legislation that extends property tax relief to an estimated 20,000 additional homeowners 65 and older. The change in eligibility requirements aims to ease the tax burden for more retirees living on fixed incomes. The revised statute also increases the amount of relief for about 10,000 people.

Under the new guidelines, single homeowners with annual income up to $40,101 and couples with up to $47,601 can qualify for at least a partial homestead exemption. Medical expenses are deductible, so Nebraskans with higher income and high health care costs may qualify.

Application forms are online at revenue.nebraska.gov/PAD/homestead.html. For more information, contact your county assessor’s office.