Senior Exemption 41C

Fiscal Year FY24
Eligibility Requirements
  1. Eligible age is 65 as of July 1, 2023
  2. Income is based on 2022 (December 31, 2022)
  3. All financial reporting numbers – as of July 1, 2022 (Checking, Savings, CD’s, Dividends, Social Security, Stocks, etc.)
  4. Click here for Income & Asset Limits
  • Single applicant: 
    • Income limit - $23,018
    • Asset limit - $49,397
       
  • Married applicant:
    • Income limit - $26,559
    • Asset limit - $53,118
       
  • Social Security deduction:
    • Worker - $5,653
    • Spouse - $2,827
    • Total        $8,480
Amount off total taxes $500.00