WebLow Income Senior Citizen Assessment Freeze Exemption This exemption freezes the taxable assessment on your property, but does not freeze the tax rate. If eligible, this exemption may be claimed in addition to the Owner Occupied General Exemption, Home Improvement Exemption, and the Senior Homestead Exemption. Web3 Sep 2024 · Qualifying seniors receive deductions off their tax bills because they are senior citizens. The senior citizen exemption reduces the tax bill by a sum certain each year. The actual deduction is $5,000 times the local tax rate. So, if the local tax rate is 6%, the senior citizen exemption will be $300.
Assessment Office Rock Island County, IL
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Senior Citizen Assessment Freeze Homestead Exemption (Freeze) …
WebSenior Citizen Assessment Freeze Homestead Exemption Application Conversion Chart for 2024 Tax Returns (2024 exemption) if filing Form 1040 INSTRUCTIONS: Use this form to … WebRock Island County Office Building First Floor - 1504 Third Avenue, Rock Island IL 61201 Phone: (309) 558-3510 Fax: (309) 558-3511 Email: [email protected] WebSenior Citizen Assessment Freeze Homestead Exemption (Freeze) Questions and Answers How do I qualify for the Senior Freeze? To qualify for this exemption, you must: • Have … how do i get out of market football games