People who have bought a home or had certain status changes in the past year should visit the office to file an application for homestead exemption. With the April 1 deadline falling on Saturday, the office is opening from 8 a.m. to 1 p.m. for the last chance to file.
Tax Assessor Kenneth Brawner wants to see all residents who are eligible get the break on property taxes.
“The people who miss it usually are the first-time homebuyers,” said Brawner. “It’s not something that is done at closing when a home is sold. They have to come to the office and apply for it.”
People who move in from other states sometimes are not aware of the credit. Based on assessed value, the homestead exemption gives a credit of up to $300. Residents 65 and older can get exemption on the first $75,000 of value.
People who have divorced or lost a spouse in the past year need to re-file.
Brawner said last year’s filing season had around 650 new applications, and this year is running around 700.
Items needed to file for exemption include Social Security number (both parties, if a married couple), Alcorn County license plate numbers and the purchase price of the property. Those filing after becoming 100 percent disabled need to show proof of Social Security disability entitlement with the beginning date of disability or a disabled veteran’s claim number.
The state provides a reimbursement to counties for the ad valorem tax credit, which came about as a way to encourage home ownership.