Original Application For Homestead And Related Exemptions Page 2

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EXEMPTION AND DISCOUNT REQUIREMENTS

DR-501

R. 12/11

Page 2

Basic Homestead Every person who owns and resides on real property in Florida on January 1, makes the property his

or her permanent residence, and files an application, may receive a property tax exemption up to $50,000. The first

$25,000 applies to all property taxes. The added $25,000 applies to assessed value over $50,000 and only to non-school taxes.

Your local property appraiser will determine whether you are eligible. The appraiser may consider information such as your

place of employment, voter registration, driver license, vehicle license tag, utility bills, and federal income tax return address.

Save our Homes (SOH) Program Beginning the year after you receive homestead exemption, the assessment on your

home cannot increase by more than the lesser of the change in the Consumer Price Index or 3% each year, no matter

how much the fair market value increases. If you have moved from one Florida homestead to another within the last two

years, you may be eligible to take some of your SOH savings with you. See your property appraiser for more information.

This page does not contain all the requirements that determine your eligibility for an exemption. Consult your local

property appraiser and Chapter 196, Florida Statutes, for details.

Added Benefits Available for Qualified Homestead Properties

Amount

Qualifications

Forms and Documents

Statute

Exemptions

Local option, age 65 and

Up to

Local ordinance, limited

Proof of age

196.075

older

$50,000

income

DR-501SC, household income

Widowed

$500

Death certificate of spouse

196.202

Blind

$500

Florida physician, DVA, or SSA

196.202

Disabled

$500

Disabled

Florida physician, DVA, or SSA

196.202

All taxes

Quadriplegic

Two Florida physicians or DVA

196.101

DR-416, DR-416B, or

Hemiplegic, paraplegic,

(For the

Letters from 2 FL physicians

wheelchair required for

legally blind, one can be an optometrist.)

All taxes

196.101

mobility, or legally blind

Letter from DVA, and DR-501A

Limited income

for household income

Veteran’s Exemptions and Discount

Combat-related disability

Proof of age

Disabled veteran discount,

% of

Florida resident when entered

Proof of disability, DVA, or US

196.082

age 65 and older

disability

military

government

Veteran, disabled 10% or

Veteran or surviving spouse

Proof of disability, DVA, or US

Up to $5,000

196.24

more during wartime service

of 5 years

government

Service-connected, totally

Proof of disability, DVA, or US

All taxes

Veteran or surviving spouse

196.081

and permanently disabled

government

Veteran confined to wheelchair,

Proof of disability, DVA, or US

All taxes

Veteran or surviving spouse

196.091

service-connected

government

* Department of Revenue (DR) forms are available at

DVA is the US Department of Veterans Affairs, SSA is the Social Security Administration.

Penalties

The property appraiser has a duty to put a tax lien on your property if you received a homestead exemption during the past 10 years that you were

not entitled to. The property appraiser will notify you and require you to pay the past taxes within 30 days. If this was not an error by the property

appraiser, you may be charged a penalty of 50 percent of the unpaid taxes and 15% interest each year, see section 196.161(1), F.S. For special

requirements for estates probated or administered outside Florida, see Section 196.161(1)(a), F.S.

The information in this application will be given to the Department of Revenue. Under s. 196.121, F.S., the Department and property appraisers can

give this information to any state where the applicant has resided. Social security numbers will remain confidential under s.193.114(5), F.S.

Contact your local property appraiser or

Visit the Department of Revenue web site at