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Jan 4, 2022 · The law extends the tax deferral to the surviving spouse of the person who deferred taxes on the homestead if the surviving spouse was at least 55 years old when the deceased spouse died ...
May 31, 2022 · Melissa Dubowski, Deputy Director Treasury and Capital Management May 31, 2022. Current Over 65/Disabled Exemption. • Property owners pay taxes based on Adopted Tax Rate x Taxable Value (Appraised Value – Exemptions) • City of Houston current Over 65/Disabled exemption: $160,000. • Approximately 130,000 accounts qualify for the Over 65 ...
Jun 22, 2022 · Houston City Council approved an ordinance increasing the property tax exemption from $160,000 to $260,000 for the same populations in the city of Houston on June 8.
- Rachel Carlton
Over 65 deductions on top of your deductions you get with your homestead exemptions. Here are the current deduction amount for Cy-Fair School District: Cy-Fair ISD: $25,000. Harris County: $160,000. Lone Start College: $75,000. MUD: Most range between $10,000 to $20,0000. I explained how the homestead exemption worked in Cy-Fair in this blog post.
Jun 8, 2022 · During a June 8 meeting, Houston City Council approved an ordinance that increases the property tax exemption from $160,000 to $260,000 for city residents who are age 65 or older and certain ...
May 8, 2024 · Harris County commissioners voted 4-0 May 7—with Harris County Judge Lina Hidalgo being absent from the vote—to increase property tax exemptions for senior and disabled residents by $45,000 ...
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For school district taxes, you will receive at least a $25,000 homestead exemption on the value of your home. County Taxes. A 20% optional homestead exemption is given to all homeowners in Harris County. If the value of your home is $100,000, applying the exemption will decrease its taxable value for Harris County taxes from $100,000 to $80,000.