Save Hundreds on Your Idaho Property Taxes With New Program

J.R. Heimbigner

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Right now you can save some serious cash on your Idaho property taxes this year. But you must hurry. Monday, April 18, is the last day for certain homeowners and veterans with disabilities to apply for relief from their 2021 property taxes.

Individuals must submit completed applications to county assessors by that date.This program reduces property taxes by as much as $1,500 on an eligible homeowner’s primary Idaho residence and up to an acre of land. (source)

You may qualify for a property tax reduction if these are true. First, you need to be an Idaho resident. You own and occupy your home, and the value doesn’t exceed a limit set by law and that will be calculated in June 2022. Your total 2021 income, after deducting medical expenses, was $32,230 or less. If as of January 1, 2022 you are 65 years or older, a former POW or hostage, have a motherless or fatherless child under 18, you are blind, you are a widow(er) or if you are disabled. (source)

Homeowners can get an application for property tax reduction on the Idaho State Tax Commission website at tax.idaho.gov or from their county assessor.

One More Thing To Consider

Homeowners who don’t qualify for the Property Tax Reduction program might still qualify for the Property Tax Deferral program, which has an application deadline of September 6.

Are you going to take advantage of this tax reduction program?

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Please note that this article is only for educational and informational purposes.

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