Oregon homeowners who missed the April 15 cutoff for the state’s senior and disabled property tax deferral have until Dec. 1 to file, and the late application carries a fee of 10 percent of the taxes, between $20 and $180. Ohio’s homestead exemption in Montgomery County closes Dec. 31, the same day Minnesota’s veterans exclusion in Beltrami County does, and Kentucky’s Boone County wants its homestead form filed in the year a person turns 65.
The four programs do very different jobs. Oregon’s deferral has the state pay the bill and hold a lien, Ohio’s and Kentucky’s exemptions shrink the taxable value, and Minnesota’s exclusion applies to veterans with a VA rating. Homeowners in any of the four states need to pin down which of those applies to their own household before the year turns over…