turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

janefl10
New Member

I qualify for homestead exemption was this considered in my taxes?

 
1 Reply
DallasM
New Member

I qualify for homestead exemption was this considered in my taxes?

Not necessarily.

Homestead exemption is a reduction in the assessed valuation of the real estate you use as your main home (which results in an overall lower real estate tax bill). The exemption is not entered anywhere on your federal income tax return.

Homestead exemptions are usually filed at your county courthouse, at the tax assessor's office.

I hope this provides some clarity for you. If you have additional questions please do not hesitate to comment to this post and I will do everything in my power to further assist you!


message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
message box icon

Ready to start your taxes?

Hand off your taxes, get expert help, or do it yourself.

See Pricing
Manage cookies
v