State Tax Exemption: Homeowners who are 65 years of age on or before January 1 are eligible for total state tax exemption on the .25 mill collected for the State of Georgia. This exemption applies to your home and up to 10 Acres.
Disability Homestead: Forsyth County offers two local exemptions to disabled taxpayers. One exempts your home and three acres from the school portion of the tax bill. Gross Income cannot exceed $16,000. The other grants a $16,000 exemption against the county and fire portion of the millage rate. Gross Income cannot exceed $40,000.
There are no age limitations on the disability exemptions. The applicant must provide two (2) letters from physicians stating that the applicant is totally and permanently disabled, or one (1) letter from a physician and a copy of their disability statement from Social Security.
Disabled Veterans:
This exemption applies to all tax categories. Homeowners who are disabled veterans as defined in O.C.G.A. 48-5-48 are entitled to a $50,000 exemption on school and state taxes, and an $88,000 exemption on county and fire taxes. You must provide legally required documentation. This exemption extends to the unremarried surviving spouse or minor children at the time of the applicant's death, provided they continue to occupy the home as a residence and homestead.
Labels: disability homestead, disabled veterans, forsyth county property tax, state tax exemption