A woman has homesteaded her residence. Her home has an assessed value of $279,000. She is a nonveteran who is totally and permanently disabled as a result of a serious car accident. She is also legally blind. What is her cumulative county tax exemption on her homesteaded residence?

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Business

Desiree Underwood

11 January, 10:49

A woman has homesteaded her residence. Her home has an assessed value of $279,000. She is a nonveteran who is totally and permanently disabled as a result of a serious car accident. She is also legally blind. What is her cumulative county tax exemption on her homesteaded residence?

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Wilkerson · Answer 1

The answer to the following question is $51,000.

Explanation:

Because $25,000 is for base homestead exemption and then $25,000 is for additional homestead exemption and then $500 is for disability and then $500 is for blind.

Then, by adding those values we get the answer:

25,000 + 25,000 + 500 + 500 = 51,000.