Tuesday, January 11, 2011

Get Your Homestead Property Tax Exemption!

Resaca St, Mexican War Streets
Homeowners have until March 1 to apply for a reduction in their property taxes through the state gaming revenue fund, and the office of the auditor general is prepared to help with applications.  Auditor General Jack Wagner released a report a year ago finding that hundreds of thousands of eligible homeowners were missing out on the tax relief because they weren't aware they were eligible.

The reduction is known as a homestead exemption and applies to homeowners' permanent residences. It is available to homeowners of all ages and income levels.  Information, including a report "Five Steps to Get Property Tax Relief from Legalized Gambling Revenues," is available online at www.auditorgen.state.pa.us. Help is also available by calling 1-800-922-8477.

Last year, more than 2.6 million homeowners received an average property tax reduction of about $200.

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