FOR IMMEDIATE RELEASE:
January 30, 2008
FOR INFORMATION CONTACT:
Ruth A. Sorensen, Property Tax Administrator
402/471-5962 Cell Phone: 402/326-8433
Mark Rosenberg, Revenue Law Conferee
402/471-5882
TAX YEAR 2008 HOMESTEAD EXEMPTION
LINCOLN -- The Nebraska Department of Revenue Property Assessment Division would like to remind individuals that homestead exemption applications may be filed at the local county assessor's office from February 2nd through June 30th. Since February 2, 2008 falls on a Saturday, applications may be filed beginning Monday February 4, 2008, and no later than June 30, 2008 at the county assessor's office.
A homestead exemption provides relief from property taxes by exempting all or a portion of the valuation of the homestead from taxation. The state of Nebraska reimburses the counties and other governmental subdivisions for the taxes lost due to homestead exemptions.
In Nebraska, a homestead exemption is available to three groups of persons:
Each category is subject to household income limitations. Information about the homestead exemption program including maximum value and maximum exemption requirements is available on the Nebraska Department of Revenue's Web site: http//www.revenue.ne.gov/homestead.htm.
For more information on homestead exemption, please contact your county assessor's office, or Mark Rosenberg at the Nebraska Department of Revenue toll free at 1-877-339-0631, ext. 5882.
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APPROVED:
Ruth A. Sorensen
Property Tax Administrator