Αποτελέσματα Αναζήτησης
To qualify for the 2020 tax year (payable in 2021) you must be 65 or older in 2020; your total household income in 2019 was $65,000 or less and on January 1, 2019 and January 1, 2020 you used the property as your principal place of residence; you own or have legal or equitable interest in the property or a leasehold interest in
This annual exemption is available for property that is occupied as a residence by a person 65 years of age or older who is liable for paying real estate taxes on the property and is an owner of record of the property or has a legal or equitable interest therein as evidenced by a written instrument, except for a leasehold interest, other than a ...
To file for a Senior Citizen Homestead Exemption you will need: Copy of your recorded deed. Copy of your Birth Certificate, Illinois Drivers License, or Illinois State ID. You may request an application from the Supervisor of Assessments office or your local Township Assessors Office.
What is a property tax exemption? A property tax exemption is like a discount applied to your EAV. If you qualify for an exemption, it allows you to lower your EAV. This would result in a lower property tax bill for you. The rest of this article will address the exemptions available to Illinois property owners.
All property granted an exemption by the Department pursuant to the requirements of Section 15‑5 and described in the Sections following Section 15‑30 and preceding Section 16‑5, to the extent therein limited, is exempt from taxation.
Section 35 ILCS 200/15-185 - Exemption for leaseback property and qualified leased property
(a) All property granted an exemption by the Department pursuant to the requirements of Section 15-5 and described in the Sections following Section 15-30 and preceding Section 16-5, to the extent therein limited, is exempt from taxation.
