Mecklenburg County Tax Benefits For You
Photo by Pixabay
It’s 2020 and a new tax year and the Mecklenburg County Assessor would like to remind homeowners of some important tax benefits that may be helpful to you. North Carolina allows low-income homestead exclusions for qualifying individuals. Qualifying owners must apply with the Mecklenburg County Assessor’s Office between Jan. 1 and June 1. If you qualify, you may receive an exclusion of the taxable value of your residence of either $25,000 or 50% (whichever is greater).
As of Jan. 1 of the year for which the exclusion is claimed, applicants will need to meet the following requirements:
- The applicant’s name must be on the deed or title to the residence.
- The residence must be the applicant’s primary residence.
- The applicant must be a North Carolina resident.
- The applicant must be at least 65 years of age or totally and permanently disabled. Total and permanent disability is a disability that substantially hinders a person from obtaining gainful employment.
- If claiming disability, the applicant must provide proof of the disability in the form of a certificate from a physician licensed to practice medicine in North Carolina or a governmental agency authorized to determine qualification for disability benefits.
- The applicant must meet the combined spousal income eligibility limit, *whether or not both spouses are on the title. Income determination is described below.
For more information log onto the official website to see if you qualify.
First African American, one-woman syndicated radio host in the Southeast region for major broadcast networks. Over the past 23 years my passion and perseverance has lead me to reach and relate to demographics spanning, Sports stations, Country, Hip-hop, R & B, Gospel, Adult Contemporary & Top 40 radio stations. I have a unique way of setting the tone, and people feel comfortable telling their story,
Make Sure You're Signed Up For The Kiss & Tell Newsletter
Get the latest celebrity and music buzz find out what's happening in Charlotte, plus exclusive contests, and more!
By clicking "Subscribe" I agree to the website's terms of Service and Privacy Policy. I understand I can unsubscribe at any time.