Homeowners have until March 31 to file for a homestead exemption, which mayhelp lower their annual tax bills.
According to Carroll County Tax Accessor/Collector Wilton Neal people qualify by owing and living on the property.
One may be eligible for tax exemption if they meet the following requirements: Applicants must be considered head of a family.
Applicants must own the property and reside on the property. On Jan. 1 of the year the application is made, property must be the primary residence of the applicants. Applicants, their spouse and any joint owners must be bona fide residents of the state. Applicants must be in compliance with Mississippi income tax requirements. All vehicles owned by or in the possession of the applicants must have Mississippi license plates from the county in which they apply.
Applicants can file for a homestead exemption on only one residence in the state.
Both Montgomery County Tax Collector/Accessor Velma Young and Neal said that you only have to file one time unless there is a change.
“You only come in if you have a change,” Young said. “If you purchase more land, if you’re divorced, death of a spouse, legally separated or turning of age 65, or social disability, you have to come in and file for that change.”
Neal also said that it is a one-time filing unless you have a change.
“The main thing is if you turn 65 you got to let me know,” Neal said. “If you buy new property or anything that affects your homestead.”
To learn more about homestead exemption or apply for a homestead exemption, call or visit the county tax assessor’s office at 662-283-2112 for Montgomery County and 662 237-9217 for Carroll County.
