The Homestead Credit is a tax credit funded by the State of Iowa for qualifying homeowners and is based on the first $4,850 of Net Taxable Value.

ELIGIBILITY:

Applicants must own and occupy the property as a homestead on July 1st of each year and must declare residency in Iowa for income tax purposes. They must also occupy the property for at least six months each year

Those in the military or nursing homes who do not occupy the home are also eligible.

DEADLINE: July 1st

The State of Iowa will not apply applications received after July 1st until the following year when they re-calculate property taxes. Eligible individuals can receive the credit for successive years without needing to file further.

HOME TAX CREDIT FORM

Mail your form before July 1, or visit your county’s Assessor’s office to fill out the form for your primary residence address.