Homestead Exemption in Georgia

Posted by The Bell Team - KW on Thursday, February 6th, 2020 at 10:26am

What is a homestead exemption?

A homestead exemption is a legal provision that helps to reduce the amount of property taxes on owner-occupied homes.

Who can file for the homestead exemption?

A homeowner is eligible for a homestead exemption on their home and land; so long as the home was owned by the homeowner/landowner and was their legal residence as of January 1st of the taxable year.

How will you receive the homestead exemption?

A homeowner may file an application for the homestead exemption if they owned the home and land any time during the prior year up to the deadline for filing returns. To receive the homestead exemption for the current tax year, the homeowner must have owned the property on January 1.

How much is the amount you can exempt?

Under the Georgia exemption structure, landowners may exempt up to $21,500 of their home or other property shielded by the homestead exemption.

How can The Bell Team help you with your exemption?

If you are a resident of Hall, Gwinnett, Jackson, Forsyth or Barrow County we can assist you with the filing of your exemption. Deadline to file is April 1st, 2020. For quick access to the applications, the links are below:

If you need further assistance, we’d love to help! Call us directly at 678-341-6024.

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