Older homeowners in four states have different property tax rules to sort out before 2027 bills arrive. Ohio’s senior homestead exemption has to be filed by Dec. 31, Indiana and Washington have set new income limits, and Florida’s exemption grows to as much as $150,000 of assessed value on non-school taxes.
The first question is which state’s rule covers the home. Ohio and Washington require an application, and Ohio’s is due in seven weeks. Indiana and Washington decide eligibility by income, so anyone near the line should look at the new numbers. Florida’s change takes effect for every homestead on Jan. 1, 2027, and the state’s bulletin describes it as a homestead increase, not an age-based benefit…