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(KLZA)-- The Nebraska Department of Revenue, Property Assessment Division reminds property owners that then Nebraska Homestead Exemption Application Form #458, must be filed with their county assessor before June 30, 2020.
The homestead exemption provides relief from property taxes by exempting all or a portion of the taxable value of the residence. The State of Nebraska reimburses counties and other governmental subdivisions for the property taxes lost due to homestead exemptions.
In Nebraska, a homestead exemption is available to: persons over the age of 65; Qualified disabled individuals; or Qualified disabled veterans and their widow or widowers.
Some categories are subject to household income limitations and residence valuation requirements.
More information on the homestead exemption program is available from your county assessors office or the Nebraska Department of Revenue, Property Assessment Division.
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