HOMESTEAD EXEMPTION DEADLINE TUESDAY

(11/30/2015)
WV Senior Services says the deadline for signing up for Homestead Exemption is approaching, December 1.

Passed by the voters in 1981 and adopted by the Legislature, the Homestead Exemption enables many West Virginians to enjoy a reduction in their real property taxes.

Persons who are 65 years of age or older, or permanently and totally disabled, are entitled to an exemption from property taxes on the first $20,000 of assessed value on their owner-occupied residence.

A homeowner who is living with family members or in a nursing home or other facility as a result of illness, accident, or infirmity of old age may retain a homestead exemption and Class II property designation as long as property is not used for commercial purposes or becomes a residence of any other individual.

Persons wishing to apply for the exemption must do so between July 1st and December 1st in order for the exemption to take effect on the following tax bill.

If you turn 65 before July 1st, you can apply between July 1st and December 1st of the year before your 65th birthday. If you do not apply by the December 1st deadline, you must wait until the next year to apply.