LIMITED INCOME SENIOR CITIZEN EXEMPTION
Homeowners 65 and older, who meet the prescribed household income requirements, may be eligible for an additional property tax exemption of up to $50,000.
Legislation creating a $25,000 Limited Income Senior Citizens Exemption was passed in 1999 and reflected in the 2000 tax roll. In 2006 voters amended the Florida constitution to give local governments the option of increasing this exemption to a maximum $50,000. As of June 1, 2007, Miami-Dade County and 16 municipalities had adopted the $50,000 maximum. Nine other municipal governments allow a $25,000 Senior Citizens Exemption.
Please note that not all taxing authorities have adopted this exemption.
To qualify for the Limited Income Senior Citizens Exemption, a homeowner must be 65-years or older on January 1 of the tax year and have homestead exemption. The applicant’s Household Adjusted Gross Income must not exceed statutory limits, which are adjusted annually. Click here for income limits for each year. Typically, Social Security income is not included in Household Adjusted Gross Income. Please refer to your Federal Income Tax Return filing on the “Adjusted Gross Income” line to see if you meet the income limit.
Application for the Limited Income Senior Citizens Exemption must be made by March 1 of the tax year. This exemption does not automatically renew. A renewal application must be filed by March 1 of every tax year. Late applications can be filed up to mid-September. Late applications, however, must be accompanied by a petition to the Value Adjustment Board with a $15 non-refundable filing fee.
Additional Information on Limited Income Senior Citizens Exemption
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Click here
 for local governments which apply the Limited Income Senior Citizens Exemption and how much.
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Click here for Senior Exemption Frequently Asked Questions
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