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Homestead Exemption

Tax Year 2023 Homestead Exemption

If you are looking for a way to ease your property tax burden, the Homestead Tax Exemption may be good news to you.  

What is a Homestead Tax Exemption?  This is an annual exemption that excludes all or a portion of the value of a person’s home and up to one acre of land that the home is built on from property taxes.

The Nebraska Homestead Exemption Application, Form 458, must be filed with your county assessor between February 2, 2023 and June 30, 2023.

In Nebraska, a homestead exemption is available to the following groups of persons:
  • Persons age 65+
    • Have an income below $48,601 for an individual or $57,701 in combined income for a couple
  • Qualified disabled individuals
  • Qualified disabled veterans and their widow(er)s.
  • Own and live in your home. Home valuation is a factor in criteria for exemption.  Assessed value of your home must be less than 2 times the county average.  For example, in 2022 Dawson County's average assessed value was $118,812; therefore homes value at or under $237,624 were eligible in 2022.  Click to see residential average values by county.
Exemptions are calculated on a sliding scale based on income and home value.  Call your county assessor's office or Department of Revenue at 888-475-5101 for values in your county and to visit about your specific situation.