Dear Neighbor:
Too many senior homeowners struggle to pay their property taxes. That’s why for years I’ve advocated for a change in the state’s senior property tax exemption law to allow more seniors to qualify for relief.
I am pleased to report, beginning this year, if you are 61 years or older, own your home, and have an annual income of $58,423 or less, you may be eligible for property tax relief. This means that tens of thousands of senior homeowners that weren't eligible before can now apply for a reduction in their property taxes.
To learn more and apply, you can go to: www.kingcounty.gov/depts/assessor/TaxRelief or call 206-296-3920
If you have any questions, don’t hesitate to contact me at 206-477-1001 or: rod.dembowski@kingcounty.gov
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2020 Tax Year Qualifying Income Brackets (based on 2019 income)
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Income
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Exemption
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$49,436 - $58,423
(In previous years: $35,001 - $40,000)
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Standard
Exempt from all excess levies and no reduction to the assessed value.
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$40,448 - $49,435
(In previous years: $30,001 - $35,000)
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Partial
Exempt from regular tax levies on the first $50,000 of assessed value or 35%, whichever is greater, to a maximum limit of $70,000, and exempt from all excess levies.
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$40,447 or less
(In previous years: $30,000 or less)
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Full
Exempt from regular tax levies on the first $60,000 or 60% of assessed value, whichever is greater, and exempt from all excess levies.
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Sincerely,
Rod
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