According to the Florida Constitution, anybody who has a title to their property in the State of Florida designated as their permanent home is eligible to receive a homestead exemption. This is an exemption that can be valued up to $50,000.
Things You Need to File for a Homestead Exemption
In order to file a homestead exemption in the State of Florida, there are various documents that you will need to present. Below, we will break down some of the information to know before you can apply for your exemption.
1. Proof of Ownership
The first thing that you need to have ready is proof of ownership for your property, such as the deed. If you are holding the property in a trust, you will also need a complete copy of the trust agreement or the certificate of trust.
2. Proof of Florida Residence
In order to receive benefits from the State of Florida, you need to be a resident of the State of Florida. Typically, the best proof of Florida residency is a driver’s license. If you don’t have a driver’s license, you will need to visit the DMV to get a personal ID. In addition, you will need a copy of your Florida voter’s registration and recorded Declaration of Domicile. Those who are not US citizens will need each of the above documents as well as proof of permanent residency or status as a parent of a US-born minor.
3. Proof of No Other Homestead Exemption
Homestead exemptions are clearly a great deal, but they cannot be combined with previous exemptions that you or your spouse may have. In order to qualify for a homestead exemption, you need to either prove that you don’t have any other homestead exemptions or to completely surrender them.
Other Parts of Your Homestead Application
Keeping the above information in mind, let’s go ahead and get you prepared for making your formal homestead exemption application. Below, we will discuss the necessary parts of your application that you will need to have ready.
Employers of All Owners
The State wants to know that you are currently employed and making money before they accept your exemption. Simply list all the employers for anybody who is listed as a property owner on the title or relevant document.
Addresses Listed on Previous IRS Tax Income Returns
You should always keep your IRS tax returns handy. These can help you in many different ways. One of the times where it is useful to have this information is when you are filing an application for your homestead exemption. You will need to list this information.
Date of Occupancy for Each Owner
The date that you first entered the property and became a resident is important for the State to know before they decide to accept or reject your application. If you don’t know this information, be sure to check your records to find it before filling out your application.
Social Security Numbers of All Relevant Parties
If you are a legal resident in the USA, you should have a Social Security number that’ll need to go on your application. This is part of the information you need to include in your application.
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