Allen County, Ind. (www.incnow.tv) - The deadline to file the Homestead Verification Form with the Allen County Auditor is fast approaching and married couples or individuals who maintain their principal place of residence in Indiana may be eligible to receive a homestead deduction.
The homestead deduction allows taxpayers who use an Indiana property as their principal place of residence to qualify for a reduction in the property’s taxable assessed value by the lesser of 60 percent of the property’s assessed value or $45,000, plus up to an additional 35 percent reduction of the remaining assessed value through the supplemental homestead deduction.
Those wanting to claim the deduction must complete the Homestead Verification Form at least once prior to the January 1, 2013 deadline.
County auditors will begin sending out letters to any taxpayer receiving the homestead deduction who did not file the homestead verification form on or before the December 31, 2012 deadline. These will be notifications that the taxpayer’s homestead deduction is subject to termination.
Taxpayers may contact the Allen County Auditor at (260) 449-7241 or the county website.
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