Residents of Paulding County and the City of Hiram may be eligible for property tax relief through the homestead exemption. Qualified homeowners could receive a reduction in ad valorem taxes if their name appears on the deed and the property is their primary residence as of January 1. The exemption may only be claimed on one property and cannot be applied to any other residence owned in Georgia or elsewhere.
Homeowners in the City of Hiram can qualify for a homestead exemption that reduces their ad valorem taxes. Those under 65 may receive a $40,000 exemption off 40% of their property’s assessed value, while residents aged 65 to 69 could get $55,000. Homeowners 70 and older may be fully exempt from City of Hiram ad valorem taxes. To benefit this year, applications must be submitted by April 1, along with proof of residency and citizenship, such as a Georgia driver’s license or state ID, according to the Paulding Government.
Homeowners over 65 in Hiram may also qualify for additional school tax exemptions, with specialized exemptions available for those with total and permanent disabilities, 100% service-connected disabled veterans, and unremarried surviving spouses of these veterans and fallen service members. Applying for these exemptions requires extra documentation, so applicants should be prepared to provide the necessary paperwork…