Most homeowners are eligible for this exemption if they own and occupy their property as their principal place of residence. Once the exemption is applied, the Assessor’s Office auto-renews it for you each year. A Homeowner Exemption provides property tax savings by reducing the equalized assessed value. Automatic Renewal: Yes, this exemption automatically renews
each year. How can a homeowner see which exemptions were applied to their home?
Info Tab Content If your home was eligible for the Homeowner Exemption for past tax years 2021, 2020, 2019, or 2018 and the exemption was not applied to your property tax bill, the Assessor’s Office can help you obtain a refund through what is called a Certificate of Error. Certificate of Error applications for tax years 2021, 2020, 2019, or 2018 can be filed now by clicking the links below. As a reminder, it is recommended to apply online so that the application can be easily tracked and our representatives can provide status updates. Apply online Download Form Info Tab Content The application filing period for the 2021 tax year is now closed. If a homeowner is missing an exemption from their 2021 Second Installment Property Tax Bill, a Certificate of Error can be filed by clicking on the tab above. Info Tab Content
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2. Proof of Property Tax Liability
Info Tab Content I have never applied for the Homeowner Exemption. How do I apply? Do I have to apply every year? Can I receive a prorated exemption if my home is new construction and I move in after January
1? How are Homeowner Exemption savings calculated? The Homeowner Exemption reduces the Equalized Assessed Value (EAV) of a property by $10,000. EAV is the partial value of a property used to calculate tax bills. It is important to note that the exemption amount is not the dollar amount by which a tax bill is lowered. Your property tax savings from the Homeowner Exemption is calculated by multiplying the Homeowner Exemption savings amount ($10,000) by your local tax rate. Your local tax rate is determined by the Cook County Clerk and can be found on your second installment tax bill or by contacting the Cook County Clerk's Office at 312- 603-6566. Please see the example below.
I am no longer eligible for the Homeowner Exemption, how do I opt out? How can I apply for a Homeowner Exemption for a prior tax year?
+ Frequently Asked Questions Info Tab Content What is claim for homeowners property tax exemption Los Angeles?Homeowners' Exemption
If you own a home and it is your principal place of residence on January 1, you may apply for an exemption of $7,000 from your assessed value. New property owners will automatically receive a Homeowners' Property Tax Exemption Claim Form.
How much is the Homeowners exemption in California?The Homeowners' Exemption provides homeowners a discount of $7,000 of assessed value resulting in a savings of approximately $70-$80 in property taxes each year. This is a free program; however, an application is required.
What is the Idaho Homeowners exemption?The homeowner's exemption will exempt 50% of the value of your home and up to one acre of land (maximum: $125,000) from property tax.
How much is the Illinois homeowner exemption?The Homeowner Exemption reduces the Equalized Assessed Value (EAV) of a property by $10,000. EAV is the partial value of a property used to calculate tax bills. It is important to note that the exemption amount is not the dollar amount by which a tax bill is lowered.
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