![]() ![]() This is an annual $2,000 reduction in the EAV of the property. ![]() The Supervisor of Assessments for the County mails applications to all taxpayers receiving the Senior Freeze Exemption the previous year. Please note that this exemption is income based and therefore, must be renewed annually.This household income includes that of all persons using the property as their principal dwelling place on January 1 of the tax year. Have a maximum household income of $65,000.Have fulfilled a property residency requirement as explained on the application form.The filing deadlines for this exemption is usually July 1 of each year. This exemption freezes your assessment but does not freeze your tax rate you need to understand that the actual taxes which you pay may continue to increase based upon the amounts levied by the taxing bodies where you reside (school, park, village or city, township, etc.). This exemption may be claimed in addition to those described above. We are allowed to go back one year and the 2022 form is on the website now. The form will be on this website under forms and documents in late spring. This exemption freezes the assessment on your property if your total household income is $65,000 or less for 2022, and you are applying for 2023. Senior Citizens Assessment Freeze Exemption Copy of Birth Certificate, Illinois Driver’s License, or Illinois THĢ. To file for a Senior Citizen Homestead Exemption you will need:ġ. Application shall be made during the application period in effect for the county of his residence.įor taxable years 2013 and thereafter, the maximum reduction is $5,000 in all counties. A person who will be 65 years of age during the current assessment year shall be eligible to apply for the homestead exemption during that assessment year. Check out our exemption checklists on the forms and documents page!Īn annual homestead exempton is granted for property that is occupied as a residence by a person 65 years of age or older who is liable for paying real estate taxes on the property and is an owner of record of the property or has a legal or equitable interest. ![]()
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