LIHU‘E — County officials are reminding eligible property owners to take advantage of the opportunity for an additional home exemption. Households with a gross annual income of $60,200 or less are eligible for the additional exemption for the tax year
LIHU‘E — County officials are reminding eligible property owners to take advantage of the opportunity for an additional home exemption.
Households with a gross annual income of $60,200 or less are eligible for the additional exemption for the tax year 2012.
Previously, the income ceiling was based on an adjusted gross income of $40,000, according to a new release from the county.
The deadline to file for this exemption is Sept. 30.
“We encourage homeowners that qualify for the additional home exemption to apply by the deadline. It offers significant savings to needy households,” said Finance Director Wallace Rezentes Jr. “For the tax year 2012, an additional 547 low-income property owners became eligible for this exemption, but not all of them have submitted an application yet.”
For more information about the additional home exemption for low-income households, go to the county website, www.kauai.gov, or call the Real Property Assessment Division at 241-4224.
