Tuesday, February 23, 2010

Homestead Exemption

It’s time to file for the Homestead Exemption. The Fulton deadline is April 1st – and you do not want to miss out on this great tax deduction. You save approximately 1/3 of your taxes.

In order to qualify, you must have owned your home on January 1st of that year. Once you file it, you never have to file again. It stays with the house until you sell it.

Also, if you live in City of Decatur or in Atlanta/Unincorporated Dekalb – you need to file in both places.

So, for Decatur, file in City of Decatur and DeKalb County.

For Atlanta, file in Fulton County and Dekalb County.

You have to file in both counties to receive both “sections” of your homestead.

Here are the links:
http://www.decaturga.com/cgs_citysvcs_atr_taxesandfees.aspx

http://www.fultonassessor.org/Forms/HtmlFrame.aspx?mode=content/Exemptions.htm&LMparent=180

http://web.co.dekalb.ga.us/TaxCommissioner/homesteadGen.html

Now get to it!

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