Homeowners and renters are missing out on millions of dollars in tax relief. Use the resources below to learn more.
Oklahoma
You may be eligible to receive money back
Oklahoma Program Overview
Property Tax-Aide features the Senior Homestead Property Valuation Freeze, Low-income Property Tax Credit or Refund, and Homestead Exemption programs in Oklahoma.
The information on this page is updated as new information becomes available by the relevant tax agencies.
Homestead Exemption
A Homestead Exemption is an exemption of $1,000 of the assessed valuation of the homestead property.
Eligibility
- Owner must be a legal resident of Oklahoma and no part of the property is rented or leased.
- The applicant owns the property as of January 1 and the property is your principal residence on January 1 and you anticipate to live there on next January 1.
- The deed or other evidence of ownership is recorded with the County Clerk’s Office on or before February 1.
- A mobile homeowner who meets all other homestead requirements and who owns land on which the mobile home is located may receive a Homestead Exemption. Owners of mobile homes who live in mobile home parks or who rent or lease space are not eligible for homestead
- The taxpayer is not delinquent on the personal property taxes.
Application Deadline
- Application may be filed at any time; provided, the county assessor shall, if such applicant otherwise qualifies, grant a homestead exemption for a tax year only if the application is filed on or before March 15 of such year or within 30 days from and after receipt of notice of valuation increase.
- Any taxpayer who continues to occupy such property as a homestead shall not be required to reapply for the Homestead Exemption.
Required Documentation
- Application is filed with county assessor.
- You must provide a copy of your most recent federal income tax return and proof of any other household income (if applicable).
Additional Information & Resources
Please direct questions about the Homestead Exemption to your county assessor, which can be located at: https://caaok.org/current-assessors/
Senior Homestead Property Valuation Freeze
The Senior Valuation Limitation freezes the taxable fair cash value of the homestead property. The property value may not be increased above the level established by the application for limitation as long as the qualifications are maintained. The value may be reduced at a future date due to market conditions. Major improvements, such as adding a new room, will increase the frozen value.
Eligibility
- You must qualify for Homestead Exemption. (See Homestead Exemption) which includes that the homestead is your domicile or principal residence.
- The head of household must own the property and be 65 years or older prior to January 1 of the current year.
- Gross household income cannot exceed the H.U.D. qualifying income for the preceding year for your individual county of residence. These qualification income levels may be different for each county and are subject to change each year. Examples of county income limits are: Okaloma County is $85,300, Tulsa County is $82,200, Cleveland County is $85,300
- Contact your county assessor for the exact qualification income.
- The application requires reporting income including wages, salaries, as well as Social Security payments.
- You will be required to provide all W-2 forms and 1099 forms for everyone living in the home during the last calendar year along with your application.
Application Deadline
- An application for valuation limitation must be completed by the qualified owner and filed with the county assessor between January 1 and March 15 beginning with the first year of eligibility.
- Applications will be accepted through March 15th (or within 30-days if you receive an Increase in Valuation Notice).
- If previously qualified for the limitation, no annual application is required as long as the property has not changed, been transferred or sold and income does not exceed the H.U.D. limit.
Required Documentation
- The application includes gross income statement
- You must provide a copy of your most recent federal income tax return and proof of any other household income
- Proof of ownership is required.
Additional Information & Resources
Contact your local assessor for more information about this program and where and how to apply. You can find the contact information for your county assessor on the County Assessors Association of Oklahoma website
Additional Homestead Exemption
Any person who is the head of household with a Homestead Exemption may receive an additional $1,000 assessment exemption if the gross household income from all sources did not exceed $30,000 for the past calendar year.
Eligibility
- You must qualify for Homestead Exemption.
- You must have a gross household income from all sources of $30,000 (Effective Jan. 1, 2024) or less for the prior calendar year.
Application Deadline
- Application for the Additional Homestead Exemption is made between January 1st and March 15th.
- Any person who is 65 or older as of March 15 and who has previously qualified for additional homestead shall not be required to renew their application annually. However, any person whose total household income exceeds $30,000 shall notify the County Assessor and the Additional Homestead Exemption shall not be allowed for the year.
Required Documentation
- A simple form of income is prepared as part of the application. You may be required to provide all W-2 forms and 1099 forms for the last calendar year along with your application.
Additional Information & Resources
Contact your local assessor for more information about this program and where and how to apply. You can find the contact information for your county assessor on the County Assessors Association of Oklahoma website
Low-Income Property Tax Credit or Refund
A property tax claim is for the amount of property taxes that exceed 1% of the total household income. The claim is a credit on the applicant’s Oklahoma Income Tax (form 511) or a refund. The claim shall not exceed $200.
Eligibility
- Applicant must be a resident of Oklahoma for the entire year.
- Applicant or applicant’s spouse must be over 65 or totally disabled.
- Total gross household income in 2023 for 2024 filing not to exceed $12,000.
Application Deadline
- All claims for property tax relief must be received by the Oklahoma Tax Commission on or before June 30 each year for property taxes paid the prior year.
- An amended return cannot be filed to claim this credit after the due date; the claim must be filed on or before the due date.
Required Documentation
- For proof of income, provide a copy of Federal income tax return
- A copy of 2023 real estate taxes paid on homestead.
Additional Information & Resources
Mail your completed form to:
Oklahoma Tax Commission
PO Box 26800
Oklahoma City, OK 73126-0800
If you have questions, please call 405.521.3160.
Your Resources
Your state accepts digital and mailed applications
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.