State sets new homestead exemption amount

Commonwealth revenue officials have set the maximum homestead exemption on real estate owned by qualified persons at $37,600 for the 2017 and 2018 tax periods.

The 2017-2018 exemption reflects a $700 increase over the 2015 – 2016 exemption.

Click on the link below to read the full article in the Courier-Journal

http://www.courier-journal.com/story/news/local/2016/12/01/state-sets-new-homestead-exemption-tax-break/94752790/

 

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