Tax Exemptions & Credits
There are several forms of tax relief available to qualifying taxpayers:
Tax Exemptions: An exemption is an amount of money to be deducted from the assessed valuation, for property tax purposes, of real property. The amount of the exemption varies by the type of exemption. See below links for more information about available tax exemptions.
Tax Credits: A tax credit is defined as the amount of money to be deducted from the person’s tax bill. It reduces the tax due, not the appraised value of the property itself. The amount of the tax credit varies, see link below for more details.