515.480.9388
2202 Woodlands Parkway, Clive, IA 50325
hello@realestatebeginshere.com

Homestead Tax Credit

The Homestead Credit is a tax credit funded by the State of Iowa for qualifying homeowners and is based on the first $4,850 of Net Taxable Value. ELIGIBILITY:

Applicants must own and occupy the property as a homestead on July 1st of each year and must declare residency in Iowa for income tax purposes. Applicants must occupy the property for at least six months each year.

Those in the military or nursing homes who do not occupy the home are also eligible. Deadline: July 1st. Applications received after will not be applied until the following year when property taxes are re-calculated. The credit is allowed for successive years without further filing as long as eligible.

To apply – mail in the application found here:

https://tax.iowa.gov/sites/files/idr/forms1/54028%20revised%202019.pdf

Mail-in prior to July 1 or go to the Assessor’s office for your county and fill out the form for your primary residence address.