Property Tax Exemption Details

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Property Tax Exemptions


Florida residents may take advantage of a number of property tax exemptions.  The exemptions are designed to provide a discount to property taxes. Most homeowners are eligible for at least one of these exemptions on their primary residence and many Florida residents qualify for other property tax discounts based upon age, disability and/or veteran status.  See a summary of requirements and documentation for homestead related exemptions.


Exemptions you may Apply for Online


Homestead Exemption

Every person who owns and resides on real property in Florida on January 1st and makes the property his or her permanent residence is eligible to receive a Homestead Exemption up to $50,000. The first $25,000 applies to all property taxes, including school district taxes. The additional exemption up to $25,000, applies to the assessed value between $50,000 and $75,000 and only to non-school taxes.

See section 196.031, Florida Statutes for more information.


Portability

Florida's Portability Law is a benefit associated with homestead property. Known as ‘Save Our Homes’, the law prevents assessed value of homestead property from increasing more than 3% annually. The accumulated tax savings that may result from the difference between assessed value and how much the property would sell for in the current market (just value) is referred to as the ‘Save Our Homes’ benefit. Portability allows property owners to transport the accumulated ‘Save Our Homes’ benefit (up to $500,000) earned on a previous homestead property (in any Florida county) to their new home as long as the new homestead is established within two years of relinquishing the old homestead.

See section 193.155(8), F.S., Florida Statutes for more information.


Senior Exemption (Age 65 and older)

Click here for the current income limitation rate

Some city or county governments have enacted a local ordinance allowing an additional exemption up to $50,000. To qualify you must be 65 or older on January 1st of the tax year you are applying for.  You must also submit a statement of adjusted gross income, meet the income requirement, and have legal or equitable title to a home you make your permanent residence.  Currently, only the Board of County Commissioners, and the Cities of Davenport, Lake Wales, Lakeland, and Winter Haven have authorized senior exemptions by ordinance.


NOTE(S):  The household income limit is adjusted each year on January 1st, according to changes in the consumer price index (CPI).   It compares the prior year cost-of-living with the year before. See the current income limit for this exemption and more information on the CPI.


Widow/Widower Exemption

Any widow or widower who is a Florida resident may claim a $500 exemption. If you remarry, you are no longer eligible for the exemption. If you were divorced before the death of your ex-spouse, you do not qualify as a widow or widower.

See section 196.202, Florida Statutes for more information.


Disabled Veteran Exemptions

FS 196.24   Disabled Veteran - Disability Level of 10% or greater due to Misfortune $5,000

FS 196.081 Disabled Veteran - Service Connected Total & Permanent Disability 100% Exemption

FS 196.091 Disabled Veteran - Service Connected Disability Requiring a Wheelchair 100% Exemption


Disabled Non-Veteran Exemptions

FS 196.202 Legally Blind or Totally & Permanently Disabled Exemption $500

FS 196.101 Quadriplegic Exemption 100% Exemption    

FS 196.101 Legally Blind, Paraplegic, Hemiplegic, or Wheelchair-Bound Exemption (Income Limited Exemption) 100% Exemption


Exemptions you MAY NOT Apply for Online


Discount for Veterans 65 and Older with a Combat-Related Disability

A veteran who is disabled, 65 or older, and owns homestead property may qualify for a property tax discount based on percent of disability. To be eligible, you must have an honorable discharge from military service, be partially disabled with a permanent service-connected disability, at least part of which is combat-related.  The requirement that the veteran was a resident of Florida at the time they entered the military was removed by an amendment to Florida Statute in November 2012.  


Deployed Military Exemption

A member or former member of any branch of the United States military or military reserves, the United States Coast Guard or its reserves, or the Florida National Guard may receive an exemption on this year's tax bill if he or she: receives a Homestead Exemption,  was deployed during the last calendar year outside the continental United States, Alaska, and Hawaii in support of a designated operation (each year the Florida legislature designates operations for this exemption), and submits an application, Form DR-501M, to the Property Appraiser.  The percent of the taxable value that is exempt for the current year is determined by the percent of time during the last year when the service member was deployed on a designated operation.


Florida Property Tax Exemption for Surviving Spouses of First Responders

The surviving spouses of military veterans who died from service-connected causes while on active duty, and the surviving spouses of first responders who died in the line of duty may receive a 100% exemption on property taxes.  This exemption was amended to include the surviving spouses of military veterans in November 2012.  The amendment defines a first responder as a law enforcement officer, a correctional officer, a firefighter, an emergency medical technician, or a paramedic.

Effective date: January 1, 2013


Other Property Tax Exemptions


Exemption Type

Florida Statute

Department of Revenue (DOR) Form*

Charter schools

196.1983

DR-504CS

Child care facility in an enterprise zone

196.095

DR-418E

Economic development – new or expanding businesses

196.1995

DR-418

Land dedicated in perpetuity for conservation

196.26

DR-418C

Non-profit homes for the aged (income limitations apply)

196.1975

DR-504HA

Proprietary continuing care facility

196.1977

DR-501CC

Governmental / Institutional*

Chapter 196

DR-504

Tangible personal property

196.183

DR-405

*Religious, literary, charitable, scientific, sewer water/ waste water systems, educational, hospitals, nursing homes, homes for special services, and other organizations