Don't Forget To Secure Your Homestead (Tax) Exemption

If you bought a home in Florida in the past year, congratulations! Owning a home is a big milestone, and as a Florida homeowner, you may be eligible for a valuable property tax break—the Homestead Exemption. But there’s one important step you need to take: Apply for your Homestead Exemption by March 1 to ensure you get the savings you deserve!

What Is the Florida Homestead Exemption?

Florida’s Homestead Exemption is a property tax benefit that can **reduce your home’s taxable value by up to $50,000**. This exemption helps homeowners save money on their property taxes by lowering the assessed value of their primary residence.

Here’s how it works:

• The first $25,000 of the exemption applies to all property taxes, including school district taxes.

• The second $25,000 applies to non-school taxes if your home is assessed at more than $50,000.

• In addition to tax savings, the Homestead Exemption also limits how much your home’s assessed value can increase each year under Florida’s Save Our Homes cap.

Who Qualifies?

To qualify for the Homestead Exemption, you must meet these requirements:

You own and occupy the home as your primary residence as of January 1 of the tax year.

• The property is your permanent residence (not a rental or vacation home).

• You file an application with your county property appraiser’s office by March 1.

How to Apply

Applying for your Homestead Exemption is simple and can usually be done online or in person at your county’s property appraiser’s office. Here’s what you’ll need:

• Proof of residency (Florida driver’s license or state ID)

• Your property’s deed or tax bill

• Vehicle registration (showing Florida residency)

• Voter registration card (if applicable)

Don’t Miss the Deadline!

Missing the March 1 deadline means you’ll have to wait until next year to benefit from the exemption, so don’t put it off! Taking a few minutes now can lead to thousands of dollars in savings over the years.

If you’ve recently purchased a home and aren’t sure whether you’ve applied for your exemption, check with your local property appraiser’s office to confirm your status.