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Age 65 or older and disabled exemptions: Individuals age 65 or older or disabled residence homestead owners qualify for a $10,000 residence homestead exemption for school district taxes, in addition to the $40,000 exemption for all homeowners.
Age 65 or Older or Disabled Persons. For persons age 65 or older or disabled, Tax Code Section 11.13 (c) requires school districts to provide an additional $10,000 residence homestead exemption. Tax Code Section 11.13 (d) allows any taxing unit to adopt a local option residence homestead exemption.
Over 65 Exemption. A Texas homeowner qualifies for this county appraisal district exemption if they are 65 years of age or older. This exemption is not automatic. The homeowner can not claim a disability exemption if they claim an over 65 exemption.
Filing a Texas property tax over 65 exemption has no downsides or extra costs, and it’s a recommended strategy for every senior. However, it’s important to know each of the benefits and protections under the exemption so you have a clear idea of what your property tax bill will look like every year.
Over 65 exemption: For homeowners 65 and older. If you are over 65 when you die, your surviving spouse, if they are 55 or older, will get your over-65 exemption. Disability exemption: For homeowners (not their children) who have a disability that would qualify for Social Security Disability benefits. If you are a senior with a disability, you ...
How Much is the Texas Over 65 Tax Exemption? All homeowners in Texas can apply for a standard residence homestead exemption that can relieve $40,000 of taxable property value. Seniors in Texas can get an additional $10,000. Disabled homeowners also qualify for a $10,000 exemption.
Did you know that Texas property tax code makes special provisions for adults aged 65 or older? According to Tax Code Section 11.13 (c), to qualify for the over-65 property tax exemption, a property owner must be 65 or older, and reside in the home as their principal residence.
In Texas, seniors who are 65 years of age or older are eligible for certain exemptions if the property is their primary residence (homestead). Learn more about property tax breaks and exemptions for people 65 and older.
Over 65 Exemption: In addition to the $25,000 exemption that all homestead owners receive, those age 65 or older qualify for a $10,000 homestead exemption for school taxes. You may apply to your local appraisal district for up to one year after the date you become age 65 or up to one year after the taxes are due.
A homeowner who turns age 65 or who becomes disabled during a tax year, will qualify immediately for those exemp-tions, as if the homeowner qualified on Jan. 1 of the tax year. A surviving spouse age 55 or older may qualify for the de-ceased spouse’s exemption if the spouse dies in the year that he or she reaches age 65.