Homeowners and renters are missing out on millions of dollars in tax relief. Use the resources below to learn more.
Iowa Program Overview
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.
Homestead Tax Credit and Exemption
- Applicant must own and occupy the property as a homestead on July 1 of each year.
- Applicant must occupy the property for at least 6 months each year.
- The owner must declare residency in Iowa for income tax purposes.
- Need to certify that a smoke detector and carbon monoxide alarm, if needed, have been installed.
- Those 65 or older as of January 1 of this assessment year are now eligible for an additional exemption.
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.
- Homestead Tax Credit and Exemption application (form 54-028)
Property Tax Credit
- Must be an Iowa resident as of December 31 of the year of the claim
- Property owner’s total household income is less than $25,328 for those between the ages of 65 and 69.
- For those 70 or older, the income limit is based on the 250% federal poverty level, which takes into account the number of persons in family or household, which for 2023 is $33,975 for single-person households and $45,775 for two-person households.
Application form submitted to county treasurer on or before June 1, 2024. The treasurer may extend the filing deadline to March 31, 2025.
- The application requires that the Social Security number of the applicant and spouse must be included.
- Income statement is included in the application.
For questions about this program, please consult your county treasurer.
Homeowners file their applications with the County Treasurer. The location and contact information of your county treasurer can be found at the Iowa Treasurers website: www.iowatreasurers.org
- You are 65 years of age or older, or disabled and 18 or older.
- Must have lived in Iowa and still live in Iowa now.
- You paid rent in Iowa at a property that pays property tax. If uncertain that building is subject to property taxes, ask your landlord or county treasurer.
- To be eligible for Rent Reimbursement for claim year 2021, your total annual household income must be less than $24,354.
- To be eligible for Rent Reimbursement for claim year 2022 and 2023, your total annual household income must be less than $25,328
- Rent Reimbursement claim for 2022 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
Proof of identification, such as:
Social Security card
Proof of household income, such as:
W-2 statements, or verification of self-employment
HUD or Section 8 award letter
Proof of rent payments, such as:
HHS Form Number 470-5713 Rent Reimbursement Landlord Rent Verification
Copy of lease showing rent amount
Rent receipts or canceled checks from each month
A ledger from the rental office
Signed letter from your landlord with rent paid. (Include their name, address & phone number)
Proof of disability (if under 65), such as:
SSA 1099 form showing your name
VA Disability Award Letter
There are many agencies that can help you apply for Rent Reimbursement. If you need help, please click on this link Agencies That Can Help You Apply for Rent Reimbursement to see the agencies in your area that can help you. To get help, contact the agency directly. The agencies will also have paper forms available if you cannot apply.
Call to speak with the Rent Reimbursement team at 515-420-6077
Property Tax Suspension for SSI and SSA Recipients
- To prove eligibility for the suspension, you should get a Notice of Decision from the Iowa Department of Health and Human Services that will say that you are eligible for property tax suspension.
- Take the Notice of Decision to your County Board of Supervisors and the Board will order the County Treasurer to suspend your taxes.
- If you receive a tax suspension, you may also qualify for the tax exemption and the elderly and disabled property tax credit. You should apply for the exemption and the credit, as well as the suspension, since the exemption and credit will eliminate part of their tax liability, while a suspension merely delays payment.
- Prior to applying for the suspension, homeowners with a mortgage or reverse mortgage should consult with the mortgage holder to be assured that the suspension does not violate the terms of the mortgage. Failure to do so could result in foreclosure.
- The Board of Supervisors will annually verify the continued eligibility with the tax suspension.
Request for a suspension should be submitted to the County Board of Supervisors. The Board will order the County Treasurer to suspend the taxes. There is no formal application.
The information above can also be found on the Iowa Department of Human Services Important Notice to Property Owners and Renters webpage
County Board of Supervisors
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.