Property Tax Exemptions
For all exemptions listed below, the one qualifying must be on the deed that is on file with the Tax Assessor’s Office as of January 1. Deadline for filing Homestead exemption (including Disability Exemption or Age Exemption) is April 1st. The homestead exemption form is available here. In addition to this form, further documentation may be requested to process the application. Application checklist.
An exemption can be applied on only 1 (one) homesteaded property, which means the applicant(s) must own, occupy, and claim the property as their legal residence on January 1 of the year for which application is made. A married couple is allowed Homestead exemption on only 1 (one) residence. Complete application with all required documentation and apply in person, drop box located at both locations or mail to (faxed or emailed copy not accepted):
Basic Homestead (Code L1)
You must own your home and reside in the home on January 1st of the year in which you apply for the exemption. The exemption will reduce the assessed value for county taxes by $15,000 and $4,000 for school. You only file once as long as you live in the same house.
Age Exemption (Code L2-age 62)
If you are 62 on January 1, this exemption will be an additional reduction of $20,000 of your assessed value towards your school tax.
(Code L3-age 65) If you are 65 on January 1, this exemption will be an additional reduction of $80,000 of your assessed value towards your school tax
(Code L6-age 68) If you are 68 on January 1, this exemption will be an additional reduction of $120,000 of your assessed value towards your school tax.
(Code L9-age 70) If you are 70 on January 1, this exemption will be an reduction of all School Tax and Bond. Homestead Exemption Chart.
You must apply by April 1st, once you have applied and been approved for one of these age exemptions, the exemption will continue to increase at age 65, 68 and 70. You only have to file once for this exemption as long as you live in the same house.
The following Exemptions must be filed at the Tax Assessors Office. For information in regard to the Exemptions listed below, please call the Tax Assessors' office at 770-288-7999 opt. 1.
Totally Disabled (Code L12)
(Under Age 65)You must be 100% disabled, documented by two doctors' letters or one doctor's letter and Social Security award letter. The exemption is $50,000 off school tax and $15,000 off county. Once you turn 65, you will benefit more from the age exemption.
You must provide a letter from the Veterans Administration stating you are "a service-connected veteran, having been honorably discharged and adjudicated by the United States Department of Veterans Affairs as being 100% totally disabled or less than 100% disabled but compensated at the 100% rate due to unemployability". The surviving spouse will continue to receive benefits as long as they continue to occupy the home and do not remarry.
(Code L16) under age 65
(Code L17) age 65
(Code L18) age 68
(Code L19) age 70
Surviving Spouse Armed Conflict (Code SS)
The surviving spouse will continue to receive the exemption..
Surviving Spouse (Code SG)
The surviving spouse of a firefighter or police officer killed in the line of duty will get 100% exemption from all taxes as long as they do not remarry.
The following Exemptions must be filed between January 1st and April 1st at the Tax Assessors Office.
Tangible real property of 2,000 acres or less that is devoted to "Bona Fide Agriculture purpose" may receive this exemption. The owner must sign a 10-year covenant dedicating the property for agriculture use for the entire 10 years. The assessed value of the dedicated property will be reduced by 25%. Breach of Covenant will cause a penalty.
Conservation Use Assessment
Tangible real property of 2,000 acres or less that is devoted to "Bona Fide Conservation Use Property " or tangible real property of 5 acres or less that is "Bona Fide Residential Transitional Property" may receive a conservation use assessment. The owner has to sign a 10-year covenant dedicating the property for conservation use or residential use for 10 years.
The exemption is the difference between the conservation use value determined by the state and the market value determined by the Board of Assessors. For residential transitional property, the property retains its residential value as determined by the Board of Assessors.
This exemption may apply to inventory of goods in the process of a manufacturer destined for out of state shipment; finished goods of a manufacturer produced within Henry County and held less than 12 months; finished goods of distributor stored less than 12 months and destined for out of state shipment; and stock in trade of fulfillment center held less then 12 months and destined for out of state shipment. The Henry County Freeport Exemption Application can be found on the Tax Assessors website.