Ohio Homestead Exemption 2024. The homestead exemption allows qualifying senior citizens, disabled persons, and surviving spouses to reduce their property tax burden by shielding up to $26,200 of the value of their. The homestead exemption is a statewide program which allows qualified senior citizens and permanently and totally disabled homeowners to reduce their property tax burden by shielding some of the auditor’s appraised.
If qualifying for the first time in calendar year 2024, you must have an ohio adjusted gross income (oagi) (line 3 of the 2023 ohio income tax return) of $38,600 or less. All homeowners who qualify for the homestead exemption will receive a flat $26,200 property tax exemption on the market value of their home.
