Anna K Intown’s Annual Homestead Filing Reminder: Did you buy a home in Georgia or Buy a home Atlanta recently and move in by January 1, 2013, well, follow these detailed instructions to save you tax money!
ANNA K’s Friendly HOMESTEAD FILING REMINDER: Can you believe another year has snuck up on us! If you or someone you know has purchased a PRIMARY residence in Georgia and occupied it by January 1st of 2013, they are eligible to file for a significant property tax savings. Congratulations for sure and here is how….
Homeowners may need to provide their Warranty Deed book and page, proof of residence, social security numbers, driver’s license and car tag info. In most counties, to be eligible for the current year, you must have owned and occupied the property as of January 1st. If the property is located within city limits, the homeowner may be required to file with the city as well.
More information can be found at: https://etax.dor.ga.gov/ptd/adm/taxguide/exempt/homestead.aspx
Fulton County – deadline is April 1, 2013 404-612-6440
DeKalb County – deadline is April 1, 2013 404-298-4000
Cobb County – deadline is April 1, 2013 770-528-8600
Cherokee County – deadline is April 1, 2013 678-493-6120
Forsyth County – deadline is April 1, 2013 770-781-2106
Gwinnett County – deadline is April 1, 2013 770-822-8800
Generally, a homeowner is entitled to a homestead exemption on their home and land underneath provided the home was owned by the homeowner and was their legal residence as of January 1 of the taxable year. (O.C.G.A. § 48-5-40)
Application for Homestead Exemption
To be granted a homestead exemption, a person must actually occupy the home, and the home is considered their legal residence for all purposes. Persons that are away from their home because of health reasons will not be denied homestead exemption. A family member or friend can notify the tax receiver or tax commissioner and the homestead exemption will be granted. (O.C.G.A. § 48-5-40)
Application for homestead exemption must be filed with the tax commissioner’s office, or in some counties the tax assessor’s office has been delegated to receive applications for homestead exemption.
A homeowner can file an application for homestead exemption for their home and land any time during the calendar year. To receive the homestead exemption for the current tax year, the homeowner must have owned the property on January 1 and filed the homestead application by the same date property tax returns are due in the county. Property tax returns are required to be filed by April 1. Homestead applications that are filed after this date will not be granted until the next calendar year. (O.C.G.A. § 48-5-45)
Failure to apply by the deadline will result in loss of the exemption for that year. (O.C.G.A. § 48-5-45)
Exemptions Offered by the State and Counties
The State of Georgia offers homestead exemptions to all qualifying homeowners. In some counties they have increased the amounts of their homestead exemptions by local legislation above the amounts offered by the State. As a general rule the exemptions offered by the county are more beneficial to the homeowner.
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