Tax Benefits

May 14, 2016 1 Comment

Tax Benefits


Posted by FLRMadmin in Tax Benefits

Homeowners can now complete the entire application process for Florida’s Homestead Exemption and for the Homestead Assessment Difference (commonly referred to as Portability) and submit their application directly to the Property Appraiser’s Office. The Property Appraiser mails Homestead Exemption application forms and qualification guidelines to persons who bought homes during the current year.

The Florida Department of Revenue (DOR), the supervising agency for all county property appraiser offices has issued the Florida Property Tax Valuation and Income Limitation Rates for 2016. These rates and limits are as follows:

  • Save Our Homes (SOH) Increase for Homestead properties – 0.7%
  • Adjusted Gross Income (AGI) limit for the additional homestead exemption for persons 65 and older (also known as the Senior Exemption) – $28,482 for all household members
  • Gross Income (GI) limit for the Civilian Total & Permanent Disability exemption – $27,765 for all household members

If the Office of the Property Appraiser is unable to grant a timely filed exemption application, a letter will be mailed to the applicant by July 1 detailing why the application was denied.

Amendment 11

Additional homestead exemption for low-income seniors who maintain long-term residency on property. Effective for 2013, a new law authorizes cities and counties to grant additional homestead property tax relief to low-income seniors who have lived in their home for at least 25 years.

Save Our Seniors Relief Fund Program

In December, Miami-Dade County mailed $100 checks to senior homeowners who benefited from the Additional Homestead Exemption for Persons 65 and Older (better known as the Senior Exemption). The check is made out to the homeowner who qualified for the senior exemption on January 1st.

Pedro J. Garcia

Miami-Dade Property Appraiser


2016 Florida R&M Realty