Time to File Your Residential Homestead Exemption

Time to File Your Residential Homestead Exemption

New Homeowners! Don’t forget to file your Texas Homestead Exemption for 2019.

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2019 has officially arrived and it's time to start thinking about tax season! (We know, we know- your favorite time of the year!)  However, tax season can bring some pretty sweet perks for homeowners who bought a home in the state of Texas in 2018. Starting January 1st until April 20th, 2019, every homeowner has the opportunity to submit an application for the residential Homestead Exemption for their primary residence. We've thrown together some frequently asked questions when filing your exemption, along with all the resources you will need to get started today!

FAQ’s 

1. What is a Homestead Exemption? 

The Homestead Exemption is essentially an exemption from property taxes that can be claimed by homeowners on their primary residence. 

2. What is the purpose of the Homestead Exemption do? 

Homestead Exemptions remove part of your home’s value from taxation, so they lower your taxes. (For example, if your home is appraised at $35,000, and you qualify for a $15,000 exemption, you will pay taxes on the home as if it was worth only $20,000.)

3. What type of property qualifies for this exemption? 

Your primary residence is the only property that qualifies for a Homestead Exemption. This means the home's owner must live at the home as of January 1st of the tax year, and be an individual (not a corporation or business entit

4. Do I have to file for the exemption yearly? 

No. You just need to file on your first year. 

5. What are the eligibility criteria for filing exemption? 

For filing exemptions in 2019, you should be living in the house by January 1, 2019.

6. Do I have to pay for this service? 

No, it is free. You can apply online or call your county office.

How to File for Your Residential Homestead Exemption

Collin County – www.collincad.org

1. Go to Downloads, then select Forms.

2. Select Residential Exemption, click Residential Homestead Exemption Application.

3. Print & complete the form

4. Mail the completed form to the address at the top, left of the application form.

 

Dallas County – www.dallascad.org

1. Select Forms under navigation links on the left hand side.

2. Select Residence Homestead Exemption Application*

*The Residence Homestead Exemption Application form is available from the details page of your account. You may search for your account by owner, by account or by address. Select the link “Print Homestead Exemption Form”.

 

Denton County – www.dentoncad.org

1. Go to https://www.dentoncad.com/exemptions then select Apply for a Homestead Application.

2. Download the form Application for Residence Homestead Exemption (includes Over-65 and Disabled) and fill it out.

3. Mail the completed form to the address at the top, left of the application form.

 

Tarrant County – www.tad.org

1. Select Forms from the Menu at the top and click Homestead Exemption.

2. Download and complete the form & mail to the address at the top, left of the application form.

 

 

For more info, contact: 

Mani Raveendran

[email protected]

469-451-6330

 

 

This information is provided for educational purposes only and does not constitute legal advice, and no person should act or refrain from acting on the basis of any information contained here without first seeking appropriate legal or other professional advice. The information provided is not intended for any viewer to accept and/or rely on as legal advice. Consult a licensed attorney or other qualified professional with questions.

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