Tag Archives: homestead exemption

Homestead Exemption and Tax Deferral Filings are Free

WilcoFebruary 6, 2014 (Williamson County, TX) – In Texas, property owners can receive a discount on their property taxes on their primary residence as of January 1 of each year through a homestead exemption.  Anyone who is unsure whether they already have a homestead exemption on file can look up their status by name, address or account number on the Williamson Central Appraisal District (WCAD) website at www.wcad.org .  Applications for a homestead exemption may be filed at the Appraisal District or online, for eligible property owners, at www.wcad.org. If you have questions or need help, please contact WCAD staff at publicservices@wcad.org or at 512-930-3787.

homestead

In addition, seniors age 65 and older and disabled persons can benefit from a tax freeze ceiling from the school district and any other taxing jurisdiction that utilizes the local option freeze.  Under the tax freeze, tax bills for property owners are frozen the year the owner turns age 65 or is disabled and becomes eligible for the exemption.

Some taxpayers may want to take advantage of a tax deferral.  This assures that the taxpayer will not have a foreclosure suit filed against them for nonpayment of property taxes.  The interest for a deferral is 8% per year and is compounded.  The taxes are settled at the time of death, sale or when it no longer is the taxpayer’s principal place of residence.

Filing for a homestead exemption, senior citizen/disabled person tax freeze or deferral is free of charge and forms are available from the Williamson Central Appraisal District, www.wcad.org or the Williamson County Tax Assessor/Collector’s Office.

Landlords-Tax-Planning-Strategy

“Companies will try to sell their services to file these forms for individuals, but that is not necessary,” stated Deborah Hunt, Williamson County Tax Assessor/Collector.  “These forms are simple to fill out and may be filed free of charge.”

Forms for these free services and most questions about property taxes can be answered on the Williamson County Tax Assessor/Collector’s web site at www.wilco.org/tax or the Williamson Central Appraisal District’s web site at www.wcad.org.   For questions about property taxes, call 512-943-1603.