Apply by June 30 for homestead exemption

Thousands of older Nebraskans qualify for a break on their property taxes but may not know it. AARP Nebraska urges homeowners age 65 plus to take a close look at the state homestead exemption before June 30 to find out if they are eligible for relief.

“Property taxes are considered by many retirees in Nebraska to be the most burdensome tax,” said Connie Benjamin, state director of AARP Nebraska. “Over the years, AARP has successfully pushed for changes in the homestead exemption to provide more help to seniors on fixed incomes. Easing their property tax burden continues to be a top concern for AARP.”

Single homeowners with an income up to $40,601 and couples with income up to $48,201 qualify for at least a partial homestead exemption.

Since medical expenses can be deducted from household income, many Nebraska seniors with significant healthcare costs will qualify at even higher total incomes.

“AARP encourages taxpayers who are single with incomes up to $50,000 and married couples with incomes up to $60,000 to consider the homestead exemption,” Benjamin said.

In addition, Nebraskans under age 65 with disabilities and disabled veterans may also be eligible for the exemption but different guidelines apply.

The annual deadline to file for the homestead exemption is June 30. For more information and application forms, people should contact their county assessor’s office or visit http://www.revenue.nebraska.gov/PAD/homestead.html.

In 2016, the average homestead exemption was $1,540. Out of 49,487 approved applications, 36,610 exemptions were granted for 100 percent of property taxes owed and 12,877 exemptions for a portion of property taxes. Homestead exemption applications were approved in every Nebraska county.