Elderly Exemptions

Current Exemption Amounts

  • For a resident 65 years of age through 74: $150,000 off the assessed value.
  • For a resident 75 years of age through 79: $225,000 off the assessed value.
  • For a resident 80 years of age or older: $300,000 off the assessed value.
  • Current Assets Limit: $300,000      
  • Current Income Limit: $34,700 (Single); $43,500 (Married)

Submitting an Application

  • New applications must be submitted between January 1st and April 15th.
  • Complete a Permanent Application for Property Tax Credit/Exemptions (PA-29) form.
  • Complete an Elderly Exemption application.
  • If the property is in a Trust, complete a Statement of Qualifications (PA-33) form and provide a copy of the Trust.

Required Documentation

Please attach the following information to your application:

  • Federal Income Tax return form for the previous year (if you had to file)
  • State Interest and Dividends Tax form (if you had to file)
  • Copies of all your bank statements for the previous year (both savings and checking)
  • Documents verifying all income (including Social Security, Wages, etc.)
  • Copy of your Birth Certificate

Application Materials