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
- Elderly Exemption Application
- Permanent Application for Property Tax Credit/Exemptions
- Statement of Qualifications (PA-33) Form - COMPLETE ONLY IF THE PROPERTY IS IN A TRUST