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You can get your property taxes lowered by proving that your house is worth less than the assessor says it is. To do this, you have to appeal to your local board of review. You can find contact information for your local board of review on the Illinois Property Tax Appeal Board website.
Senior citizen homestead exemptions Property taxes are paid one year after they are assessed. That means for the bills which are payable in 2019, the homeowner would have had to reach age 65 by December 31st, 2018 or before. This Exemption is worth an $8,000 reduction on your home's EAV.
Senior homeowners are eligible for this exemption if they are over 65 years of age and have a total household annual income of $65,000 or less in the 2020 calendar year. A Senior Freeze Exemption provides property tax savings by freezing the equalized assessed value (EAV) of an eligible property.
There is also a minimum $2,000 EAV deduction for the Senior Freeze, which helps offset increases in assessed value and helps ensure that more seniors benefit from the Senior Freeze Exemption. It is important to note that the exemption amount is not the dollar amount by which a tax bill is lowered.
The Senior Citizens Assessment Freeze is an exemption available to senior citizens can apply for a freeze of the assessed value of their property. Applicant must be 65 or older and have a total household income of $65,000 or less and must be the owner of record and use the property as their principal residence.
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The senior assessment \u201cfreeze\u201d To be entitled to it, you must be 65 on January 1st of the applicable tax year. Also, your total household income from all sources cannot exceed $65,000. (This income limit could change year-to-year).
Senior Exemption Most senior homeowners are eligible for this exemption if they are 65 years of age or older and own and occupy their property as their principal place of residence.
The Senior Freeze provides limited-income seniors with protection against real estate tax increases due to rising property values. It is not a tax freeze or a tax reduction and does not protect against increased taxes due to tax rate increases.
The Senior Exemption reduces the Equalized Assessed Value (EAV) of a property by $8,000.
Senior homeowners are eligible for this exemption if they are over 65 years of age and have a total household annual income of $65,000 or less in the 2020 calendar year. A Senior Freeze Exemption provides property tax savings by freezing the equalized assessed value (EAV) of an eligible property.

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