Homestead Exemption

What is it?

The Homestead Exemption for 2019-2020 is $39,300

Kentucky’s Constitution allows property owners who are 65 or older to receive the Homestead Exemption on their primary residence. If you are eligible to receive the Homestead Exemption, the exemption amount is subtracted from your property’s assessed value, reducing your property tax liability.

Only one exemption (Homestead or Disability) is allowed per household. Once approved for the Homestead Exemption, you are not required to reapply annually.  You are eligible for the Homestead Exemption on residential or commercial property as long as you own and occupy the property as your primary residence and meet all other qualifying criteria. If you move, it is your responsibility to notify the PVA Office and reapply for the exemption on your new residence.

KRS 132.810(2) (h) provides, “When title to property which is exempted, either in whole or in part, under the homestead exemption is transferred, the owner, administrator, executor, trustee, guardian, conservator, curator or agent shall report such transfer to The Property Valuation Administrator.”

Eligibility Criteria List

To qualify for the Homestead Exemption a property owner must:

  • Be 65 years or older
  • Own and Occupy the property as your primary residence on January 1 of the year in which you apply for the exemption.

Fraudulent Misrepresentations

Under the provisions of KRS 132.990(1), “Any person who willfully fails to supply the property valuation administrator or the revenue cabinet with a complete list of his property and such facts with regard thereto as may be required or who violates any of the provisions of KRS 132.570 shall be fined not more that five hundred dollars ($500)

IT’S EASY TO APPLY! Mail the completed Homestead Application, along with a copy of your valid Jefferson County Driver’s License or other valid Jefferson County ID (issued by the Jefferson County Circuit Clerk) to:

Jefferson County PVA
Attn: Homestead
815 W. Market Street, Suite 400
Louisville, KY  40202-2654