Time to file for Homestead Tax Credit

Ok folks, its time to file for homestead.

If you purchased your home anytime during 2009, you must go by the courthouse and file for your homestead tax credit. This takes about 5 minutes and only has to be done once. (If you bought your home in 2008 or a previous year and have already filed homestead, you are fine. )

You don't need to do it again unless there has been a marital status change or you are now eligible for a different type of exemption.

You can file anytime between January 1st and April 1st, but this is very important and will save you a great deal of money. I have had clients in the past that didn't file because they "didn't have time", or they forgot. Seriously, go file.... Tomorrow.


When you go to the tax assessor's office, be sure to take the following items:
1.) Proof of Identification (current driver's license, passport, etc)
2.) Tag numbers for ALL automobiles titled in your name, your spouses name or any joint owner.
3.) Social Security numbers for all parties.
4.) Amount of down payment.
5.) Full purchase price. It's a good idea to bring your settlement statement and closing papers.
6.) Warranty deed (this is often attached to a blue paper and mailed by the attorney's office shortly after closing.)

If you are a disabled veteran, have a social security disability or are over 65, remember to bring proof.

Additional information along can be found at the link below;


http://www.madison-co.com/images/admin/spotedit/attach/37/hs_req_list_10_09.pdf