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What is the disability exemption for property taxes in Illinois?
Homestead Exemption for Persons with Disabilities This exemption is an annual $2,000 reduction in the EAV of the primary residence that is owned and occupied by a person with a disability who is liable for the payment of property taxes.
How much is disability discount on property taxes in Illinois?
A Person with Disabilities Exemption is for persons with disabilities and provides an annual $2,000 reduction in the equalized assessed value (EAV) of the property.
What is the property tax assistance program in Illinois?
Illinois Program Overview. Property Tax-Aide features three statewide programs for older Illinois residents: Low-income Senior Citizens Assessment Freeze Homestead Exemption (SCAFHE), Senior Citizens Homestead Exemption, and Senior Citizens Real Estate Tax Deferral Program.
What are the Illinois property tax exemptions?
There are currently four exemptions that must be applied for or renewed annually: The Homeowner Exemption, Senior Citizen Homestead Exemption, Senior Citizen Assessment Freeze Exemption, and the Home Improvement Exemption.
Who qualifies for the Illinois property tax credit?
You will qualify for the property tax credit if: your principal residence during the year preceding the tax year at issue was in Illinois, and. you owned the residence, and. you paid property tax on your principal residence (excluding any applicable exemptions, late fees, and other charges).
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