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Iowa Program Eligibility

Property Tax-Aide features three widely available property tax relief programs for older Iowa residents, with one specifically for renters. They are the Homestead Tax Credit and Exemption, Property Tax Credit, and Rent Reimbursement programs.

The information on this page is updated as new information becomes available by the relevant tax agencies.

Homestead Tax Credit and Exemption

The current credit is equal to the actual tax levy on the first $4,850 of actual value. In addition, eligible claimants 65 years or older are now eligible for a homestead exemption. For the assessment year beginning January 1, 2023, the exemption is $3,250. For assessment years beginning on or after January 1, 2024, the exemption is for $6,500.

Application Deadline

Claim must be filed on or before July 1 and submitted to the city or county assessor. Claim is allowed for successive years without further filing as long as eligible.

A claim filed after July 1 of the year for which the person is claiming the credit or exemption shall be considered a claim filed for the following year.

Property Tax Credit

A credit is available for homeowners aged 65 or older. The credit is a percentage of property taxes, depending on your age and income. The maximum credit is limited to $1,000. Eligible income levels are different for those 65-69 and for those 70 or older.

Application Deadline

Application form submitted to county treasurer on or before June 1, 2024. The treasurer may extend the filing deadline to March 31, 2025.

Rent Reimbursement

People who pay rent in buildings that are not tax exempt may receive reimbursement of up to $1,000 of the gross rent paid each year.

Application Deadline

  • Rent Reimbursement claim for 2023 can be filed until December 31, 2025.
  • Rent Reimbursement claim for 2022 can be filed until December 31, 2024.
  • Rent Reimbursement claims for 2021 can be filed until December 31, 2023.
  • Applications are submitted to Iowa Department of Health and Human Services

Property Tax Suspension for SSI and SSA Recipients

Homeowners who get Supplemental Security Income (SSI), or State Supplemental Assistance (SSA), or live in a health care facility which is receiving payment from the Department of Health and Human Services for the person’s care, can get their property taxes suspended. The suspension lasts until the property is sold or transferred or until the person no longer receives SSI, SSA, or assistance for living in a healthcare facility. A suspension of the taxes remains in place until DHS will send the county a letter saying the individual pas passed away or no longe qualifies. Suspended taxes remain a lien on the property and must be repaid

Property Tax-Aide has independently selected the property tax relief programs featured on this website that we think are the most relevant and beneficial to older adults. It is not an exhaustive list of all property tax relief programs available in each state. Please consult your local tax agency for a comprehensive listing of property tax relief programs in your area.

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