Senior Exemption 41C
Fiscal Year FY24
Eligibility Requirements
- Eligible age is 65 as of July 1, 2023
- Income is based on 2022 (December 31, 2022)
- All financial reporting numbers – as of July 1, 2022 (Checking, Savings, CD’s, Dividends, Social Security, Stocks, etc.)
- 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