Homeowners Required to Register Status for Tax Break

Those who wish to take advantage of the 25% reduction in property taxes, which begins in tax year 2026, must register their home as owner-occupied with the property tax division of the Wyoming Department of Revenue. This will allow the state and local assessors to qualify homeowners for the tax break.

“The Legislature has granted this 25% exemption for qualifying property owners but claiming the exemption looks a little different this year,” said Bret Fanning, director of the Wyoming Department of Revenue. “Starting with tax year 2026, there is now an owner-occupied element. If you qualify for this property tax exemption, please visit your local county assessor or take a few minutes to fill out the owner-occupied notification on our website before February 1, 2026.”

The website can be found at: ptd.wyo.gov/OWNEROCC/pages/home. Those who are unable to access the online request process may contact their local county assessor to verify their eligibility and complete the affidavit process.

Keep in mind that if you request the Long-Term Homeowners Exemption for those who have paid residential property tax in Wyoming for 25 years or more and are age 65 or over, you may not take advantage of the Homeowners Exemption of 25% off your fair market value. Thus, there is no requirement to register your home on the Department of Revenue’s website.

The exemption of 25% of the fair market value of a single-family residential structure and the associated improved land applies to the first $1M of the fair market value of the property. You must live in that property for not less than eight months of the year, and the property can be a house, condo, townhome, manufactured or mobile home.