Home credit cutoff looms: Homestead deduction forms due by Monday

Residents who put off or forgot to verify that they qualify for a deduction lowering their property tax bill by this week’s deadline have caught a break: They have until Monday to refile a homestead deduction form.

But be prepared to stand in line at the county auditor’s office.

Forms verifying that residents qualified for the homestead deduction, which lower the assessed value of the property where they live by $45,000 or 60 percent, whichever is less, were due to the auditor’s office by New Year’s Eve. Residents could take the form to the auditor or mail it, but the forms needed to be postmarked by Dec. 31.

Anyone who was receiving the credit but didn’t return the form can still receive the deduction by filing a new homestead deduction by Monday, first deputy auditor Amy Thompson said.

Residents who file a new homestead deduction must do so at the auditor’s office in the courthouse annex, 86 W. Court St., Franklin, and that may mean waiting in line for up to 90 minutes. That’s because for the past month the office has been filled with visits and calls from residents who either wanted to confirm their deduction form had been received or who were confusing their homestead deduction with a mortgage deduction, Thompson said.

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