The Nebraska Department of Revenue, Property Assessment Division (Department) reminds property owners that the Nebraska Homestead Exemption Application, Form 458, must be filed with their county assessor between February 2, 2024 and June 30, 2024. For tax year 2024, June 30 is on a Sunday, which allows for applications to be timely filed on Monday, July 1.
The homestead exemption provides relief from property taxes by exempting all or a portion of the taxable value of the residence. The State of Nebraska reimburses counties and other governmental subdivisions for the property taxes lost due to homestead exemptions.
In Nebraska, a homestead exemption is available to the following groups of persons:
• Persons over the age of 65;
• Qualified disabled individuals; or
• Qualified disabled veterans and their surviving spouses.
Some categories are subject to household income and residence valuation limitations. The income limitations are on a sliding scale.
Homestead exemption forms and information are available at https://revenue.nebraska.gov/PAD/homestead-exemption.
For more information on the homestead exemption program, please contact your county assessor’s office, or the Department at 888-475-5101.