Who qualifies for a Homestead school tax ceiling?
When you turn 65 years old you can apply for the over-65 exemption, which includes the school tax freeze or ceiling. The school “freeze” means that the school taxes will never go above the frozen amount. The only exception is if additions are made to the home; i.e. additional room, garage, pool. The ceiling will be adjusted to include the improvements.
Related Questions
- Does the school tax ceiling transfer when a person who is age 65 or older or is disabled or is the surviving spouse (age 55 or older) of a person who was age 65 or older moves to another home?
- I hear that Forsyth County has a school tax homestead exemption. What are the qualifications for that?
- What is a homestead tax ceiling?
