The Nebraska Department of Revenue, Property Assessment Division (Department), reminds property owners that the Nebraska Homestead Exemption Application, Form 458, must be filed with their county assessor on or before June 30, 2019. Since June 30, 2019 falls on a Sunday in 2019, the application must be filed on or before Monday July 1, 2019.
The homestead exemption provides relief from property taxes by exempting all or a portion of the taxable value of an approved applicant’s 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 the following groups of persons:
• Persons over the age of 65;
• Qualified disabled individuals; or
• Qualified disabled veterans and their widow(er)s.
Some categories are subject to household income limitations and residence valuation requirements. The income limitations are on a sliding scale. Homestead exemption forms and information are available at revenue.nebraska.gov/PAD/homestead.html. For more information on the homestead exemption program, please contact your county assessor’s office, or the Department at 888-475-5101.