OH - Amnesty program explained The city of Akron, Ohio, is offering businesses an income tax
amnesty program that will run from March 5, 2012, through May 4,
2012, and apply to net profit taxes and wage taxes. A...
The Ohio Homestead Exemption
The Homestead Exemption is a credit on property tax bills for senior citizens and permanently and totally disabled Ohioans. Through this credit, $25,000 of the market value of the home is exempt from all local property taxes. Qualifying Ohio Residents include homeowners who occupy a principal residence as of Janaury 1st and are: 65 or turning 65 in the year they apply; who are totally and permanently disabled as of January 1st in the year of application; or the surviving spouse of a person who was receiving the previous Homestead Exemption at the time of death and where the surviving spouse was at least 59 years old on the date of death. To apply, a completed application form (DTE 105A) - Homestead Exemption Application Form is filed with the local county auditor. The form is available from the county auditors and from the Ohio Department of Taxation's Website at tax.ohio.gov. Disabled applicants must also submit the Certificate of Disability for the Homestead Exemption (Form 105E) signed by a physician or psychologist licensed to practice in Ohio or a certificate from any state or local agency that classifies them as permanently and totally disabled.
Items to Note:
Open application runs from the first Monday in January until no later than the first Monday in June.
The application does not have to be resubmitted each year, although it is recommended that surviving spouses file a new application in order to ensure they are considered for the Homestead Exemption Program.
In January the county will mail a copy of the continuing application form (DTE 105B). This form is only to be returned to the auditor if the home is no longer owned, it is no longer occupied as the primary residence, or if the disability status has changed.
A late application for the immediately preceding year may be filed for the same property for which a current application is filed.
