File For Homestead Tax Exemption

File For Homestead Tax Exemption

A homestead exemption helps you save on taxes on your home. An exemption removes part of the value of your property from taxation and lowers your taxes. For example, if your home is valued at $100,000 and you qualify for a $20,000 exemption, you pay taxes on your home as if it was worth only $80,000.

An Application for Residential Homestead Exemption (same form for over-65, disability, over-55 surviving spouse, or 100% disabled veteran homestead exemptions)




Click here for a copy of the form:  https://www.comptroller.texas.gov/forms/50-114.pdf



Application Deadlines


You should file your regular residential homestead exemption application between January 1 and April 30. Early applications will not be accepted. If your application is postmarked by April 30, this will allow the district time to process it before your tax statement comes out in the fall. If you miss the April 30th deadline you can still apply:


For a general exemption: up to one year after the date taxes became delinquent for the year (usually February 1 of the year following the tax year).


For an over-65 or disabled person: if you turn 65, become totally disabled, or acquire a property during the year, you can apply and have the over-65 or disability exemption activated for that year. The deadline to apply for an over-65 or disabled person’s exemption for the year in which you qualify is the first anniversary of the date you qualify. In other words, you have one year from the date you qualify to apply. For example:


  1. If you are already qualified and you purchase a different home, you have one year from the date you occupy the new home to apply.

  2. If you turn 65 during the year, you have until your 66th birthday to apply for the year in which you turn 65.

  3. If you become disabled during the year, you have one year from the date you became disabled to apply.


Otherwise, the deadline for applying for the over-65 or disability exemption is the same as the deadline given above.



Blog submitted by: Ron Cooks of All City Realty – Servicing the Greater Fort Hood area which includes: Killeen, Harker Heights, Temple, Belton, Copperas Cove and Nolanville. Feel free to call Ron (254) 702-0064 if you have any questions regarding Central Texas Real Estate.


For Real Estate Listings in Central Texas visit my website at: www.MyKilleenHome.com or if you’re on the go, text  'Ron' to 512-872-4587 for our mobile app



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Dated: January 19th 2017
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