Counties tax land and homes (including manufactured housing) to provide local services and support for independent taxing districts, such as cities and schools.
Read more in ourUnderstanding Property Taxguide, including how your property tax assessment is determined and what to do if you disagree with it.
Tax relief for homeowners
You might be eligible for one or more of the following programs. Read the descriptions below to see if you could qualify.
Homeowner’s exemption
If you own and occupy a home (including manufactured homes) as your primary residence, you could qualify for a homeowner’s exemption for that home and up to one acre of land.
This program canreducethe property tax you must pay on your home and up to one acre of land. You must apply every year between January 1 and April 15 with your county assessor’s office.
You can find forms and a brochure describing eligibility requirements on theProperty Tax Reductionpage.
Property tax deferral program
The program lets youpostpone paying taxes on your home and up to one acre of land. You must apply every year between January 1 and the first Monday in September with your county assessor’s office.
Like the Property Tax Reduction program, you must meet specific eligibility requirements. Read more on theProperty Tax Deferralpage.
Benefit for veterans with a 100% service-connected disability
This program can reduce the property tax you must pay on your home and up to one acre of land. You must apply every year between January 1 and April 15 with your county assessor’s office.
The Tax Commission doesn’t collect property tax. Counties collect property taxes. The Tax Commission just oversees the property tax system to ensure compliance with state laws. Read more in ourUnderstanding Property Taxguide.
History of maximum homeowner's exemption
Years
Maximum
1980-1982
$10,000
1983-2005
$50,000
2006
$75,000
2007
$89,325
2008
$100,938
2009
$104,471
2010
$101,153
2011
$92,040
2012
$83,974
2013
$81,000
2014
$83,920
2015
$89,580
2016
$94,745
2017
$100,000
2018
$100,000
2019
$100,000
2020
$100,000
2021
$125,000
2022
$125,000
This information is for general guidance only. Tax laws are complex and change regularly. We can't cover every circ*mstance in our guides. This guidance may not apply to your situation. Please contact us with any questions. We work to provide current and accurate information. But some information could have technical inaccuracies or typographical errors. If there's a conflict between current tax law and this information, current tax law will govern.
Homestead Exemption. Each owner-occupied primary residence (house or manufactured home) and up to one-acre of land is eligible for a Homestead Exemption. This exemption allows the value of your residence and land up to one-acre be exempted at 50% of the assessed value up to a maximum of $125,000; whichever is less.
Idaho has a Homeowner's Property Tax Exemption equal to either 50 percent of the assessed value or up to $125,000, whichever is less, for owner-occupied homes and manufactured homes that are considered the deeded owners' primary residence. The exemption applies to your home and up to one acre of land.
Seniors can earn more income than younger workers before submitting a tax return. People age 65 and older can earn a gross income of up to $15,700 before they are required to file a 2023 tax return, which is $1,850 more than younger workers.
Idaho is tax-friendly toward retirees. Social Security income is not taxed. Withdrawals from retirement accounts are fully taxed. Wages are taxed at normal rates, and your marginal state tax rate is 5.80%.
The grocery tax credit offsets the sales tax you pay on groceries throughout the year. For most Idaho residents it averages $120 per person. You must be an Idaho resident to be eligible, and you might be able to claim a grocery credit for your dependents, too.
Under Idaho's homestead statute, property owners may designate $100,000 worth of their property (including all land, homes, mobile homes, improvements, etc.)as a homestead. While married couples may not double that amount (as in some other states), it's a fairly generous limit.
PROPERTY TAX REDUCTION: Also known as the Circuit Breaker Exemption, this exemption is available to residents of Idaho who own residential property in Idaho who are over 65,widowed, or former hostages.
PROPERTY TAXES – Amends, repeals, and adds to existing law to create property tax relief by creating the School District Facilities Fund and the Homeowner Property Tax Relief Account, both of which are funded by state moneys.
You apply for this exemption with your county assessor's office, and it determines if you qualify. Once approved, your exemption lasts until the home's ownership changes or you no longer use the home as your primary residence.
Own and have lived in the home as your primary residence before April 15, 2024; and the value of the home and up to 1 acre of land cannot exceed a limit set by law that will not be calculated until June 2024. Meet one or more of the following status requirements as of January 1, 2024: Age 65 or older.
Taxes are determined according to a property's current market value minus any exemptions. For example, homeowners of owner-occupied property may qualify for a partial exemption. Also, qualified low income homeowners can receive a property tax reduction.
The law does not limit the increase in the property taxes on an individual property but does limit the amount taxing districts (local governmental units) can increase the total revenue to be received from property taxes.
Yes, a person may engage in consensual sexual acts with a partner that is 16 or 17 years of age provided that the person is less than 3 years older than the minor. Idaho Statutes § 18-6101(2).
If you're a qualified Idaho homeowner, you might be eligible for the Property Tax Reduction program, also known as the Circuit Breaker program. Based on your income for 2022, the program could reduce property taxes on your home and up to one acre of land by as much as $1,500.
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