Homeowners

Idaho has a homeowner’s exemption for owner-occupied homes and manufactured homes, which are primary dwellings, that includes the value of your home and up to one acre of land.

For the 2007 property taxes, due and (at least half) payable no later than December 20, 2007 and June 20, 2008 (second half), this law exempts 50% of the value up to a maximum of $89,325 for the home and up to one acre of land.

For the 2008 property taxes, due and payable no later than December 20, 2008 and June 20, 2009, the percentage reduction is unchanged (50%), but the exemption can reduce taxable value up to a maximum of $100,938 for the home and up to one acre of land.

Property Tax for Homeowners Brochure

History of Homeowner's Exemption

Property Tax Reduction (Circuit Breaker)

If you are a qualified Idaho homeowner, you may be eligible for the 2008 Property Tax Reduction program. This program may reduce property taxes on your home and up to one acre of land by as much as $1,320. The Idaho State Tax Commission administers the Property Tax Reduction program, but you must apply through the county assessor's office (Chapter 7 of Idaho Code). Guidelines and filing procedures are outlined in the 2008 Idaho Property Tax Reduction Program brochure. For more information, contact your county assessor’s office or Claire Cunningham at the Idaho State Tax Commission, (208) 334-7736.

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pdf files.

	Property Tax Reduction Brochure (2008)
	Property Tax Reduction Application (2008)
	Instructions for Property Tax Reduction Application (2008)
	Affidavit for Limited Partnership, LLC, or Corporation
	Affidavit for Trust
	Property Tax Reduction Medical Expense Statement
	Property Tax Reduction Income Brackets (2008)
	Frequently Asked Questions
Property Tax Deferral
If you’re a homeowner who’s entitled to receive “circuit breaker” property tax relief, you also may be eligible for the 2008 Property Tax Deferral program. Qualified homeowners can postpone payment of the property taxes they owe for their home and up to one acre of land, after circuit breaker benefits have been applied. The taxes and interest (at 6% a year) must eventually be repaid to the state of Idaho. The Idaho State Tax Commission administers the Property Tax Deferral program, but you must apply for this tax deferral through your county assessor’s office by April 15, 2008. For more information on program guidelines and filing procedures, call your county assessor’s office or Claire Cunningham at the Tax Commission at (208) 334-7736.
	2008 Application for Property Tax Deferral
	Property Tax Deferral Brochure (2008)