Talk of The Villages Florida - View Single Post - Homestead rebate and income tax
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Old 12-21-2008, 03:20 PM
Bogie Shooter Bogie Shooter is offline
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Quote:
Originally Posted by Sidney Lanier View Post
We had to pay our tax bill in person last month, as our actual paper bill was wandering somewhere in the postal system with a screw-up on the date to start forwarding. We asked the tax collector if she could tell us how much the difference would be between the current bill we were paying (without homestead exemption) and next year's (with it), and she figured around $600. I didn't calculate anything; I wouldn't know how to. I went by what she had said, and I guess she could have made a mistake too.... (P.S. We live across Churchill Downs from you.)
Just reduce the taxable value by $50000 and recalculate the taxes. Excluding school tax.