Taxing units usually mail their bills around Oct. 1.
If a religious or charitable organization purchases property during the year, may the organization receive an exemption on the new property for that year?
Yes. The religious or charitable organization may receive a property tax exemption upon ownership and qualification after Jan. 1. The organization must file for the exemption on property acquired after Jan. 1 within one year of acquiring the property.
May I file for a disabled veteran’s exemption after the deadline has passed?
Yes. The deadline for filing for a disabled veteran’s exemption is between Jan. 1 and April 30 of the tax year. However, you may file for a disabled veteran’s exemption up to one year from the delinquency date. To file for a disabled veteran’s exemption, you must complete the Application for Disabled Veteran’s or Survivor’s … Read more
What is the amount of the disabled veteran’s exemption?
The exemption amount that a qualified disabled veteran receives depends on the veteran’s disability rating from the branch of the armed service: Disability Rating Exemption Amount 10% to 30% $5,000 from the property’s value 31% to 50% $7,500 from the property’s value 51% to 70% $10,000 from the property’s value 71% to 100% $12,000 from … Read more
Is the disabled veteran’s exemption the same as the disabled person’s exemption?
No. To receive a disabled veteran exemption, you must either be a veteran who was disabled while serving with the U.S. armed forces or the surviving spouse or child (under 18 years of age and unmarried) of a disabled veteran or of a member of the armed forces who was killed while on active duty. … Read more
If I own only 50 percent of the home I live in, do I qualify for the residence homestead exemption on the home?
Yes. However, if you qualify for a homestead exemption and are not the sole owner of the property to which the homestead exemption applies, the exemption you receive is based on the interest you own. For example, you own a 50 percent interest in a homestead and will receive one half or $7,500, of a … Read more
Can the local option ceiling transfer to another home owned by the surviving spouse who is 55 year of age or older?
No, regardless of the underlying qualifications (65 and older or disabled person).
Can the local option ceiling transfer if the owner who is age 65 or older or disabled moves to another home?
Yes, but the home must be located within the applicable taxing unit – city, county or junior college district. The ceiling on the new home is calculated the same as the school district.
If I am 65 years of age or older, disabled, or a surviving spouse who is age 55 or older, does a tax ceiling apply to county, city or junior college district property taxes?
Yes, if the county commissioners court, city council or board of the junior college district authorizes a tax limitation on the homesteads of persons 65 years of age or older or disabled persons. The taxing unit’s governing bodies or voters (by petition and election) may adopt the limitation. This local option exemption does not apply … Read more
If I am the surviving spouse of a disabled person, am I entitled to the school tax ceiling?
No, only surviving spouses (55 years of age or older) of persons who were 65 years of age or older when they died may benefit from the tax ceiling.