The Norman Transcript

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January 19, 2013

Homestead filing deadline nears

NORMAN — Cleveland County residents can now file for Homestead Exemption year round, but for those who want to save on the coming year’s taxes, the filing deadline is March 15. In addition, the period is currently open to file for special exemptions including Double Homestead, Senior Freeze and the Disabled Veteran’s Exemption.

Filing for those special exemptions runs from Jan. 1 through March 15.

“If you file for Homestead prior to March 15, you get it for that year,” said Cleveland County Assessor David Tinsley. “If you file on March 16, you have that year to file for the next year.”

Year round filing only applies to Homstead Exemption. Homestead exempts $1,000 of the assessed valuation of the home of residence, resulting in a savings between $75 to $125 depending on where in the county the residence is located.

To qualify for Homestead Exemption, you must be the homeowner and an Oklahoma resident and live in the property on Jan. 1. The deed must be executed on or before Jan. 1 and filed with the County Clerk’s Office on or before Feb. 1.

Homeowners do not need to reapply for Homestead. Unless you change ownership or move, your Homestead Exemption will be applied each year. If you move, you will need to re-file at the new address of residence.

Homeowners may apply for exemptions in person or by phone with the Cleveland County Assessors Office in the Cleveland County Courthouse, 201 S. Jones in Norman, between 8 a.m. and 5 p.m. Monday through Friday.

Double Homestead is an additional exemption for low income residents. Tinsley said this year the total household income cannot exceed $20,000 for the previous calendar year. Those who qualify receive an additional $1,000 assessment exemption.

To file for Double Homestead, bring proof of the previous year’s household income so the Assessor’s Office may fill out the proper application. If you are under age 65, you must apply for Double Homestead each year.

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