Do the elderly, disabled or disabled veterans receive any discounts or exemptions?
Eligibility requirements include: age/ disability; ownership/ residency; and income (except veterans and their eligible surviving spouses). To apply for property tax relief you must meet these three basic criteria - these are described below. Reimbursements for the property taxes of low-income homeowners who are elderly or disabled are provided by the state of Tennessee. Income does not apply to disabled veterans or the widow of a disabled veteran. Reimbursements are given on all or part of the local taxes paid on property which the taxpayer owns and uses as his/her residence.
Age/ Disability
During the tax year for which they are applying, an applicant must turn 65 on or before December 31. In order to apply as a disabled homeowner, a person must have become disabled on or before December 31 of the year An applicant may apply if they are awaiting a decision on their disability claim. The state office must receive the final decision by June 30 following the delinquency date. The final decision must indicate their disability began on or before December 31 of the tax year.
Ownership/ Residency
An applicant must be able to document that they had ownership of the taxable property during the tax year. Ownership may be documented by a tax bill/receipt, warranty deed, probated will, title or bill of sale for a mobile home.
Income Requirement (Elderly or Disabled Homeowners)
The combined annual income from all sources of all the living owners of record is required, plus the spouse of the applicant if not listed as an owner, and cannot exceed $26,830 for the year 2013. Annual income from all sources shall include, but is not limited to, Social Security payments after the Medicare deduction, supplemental security income, retirement and pension benefits, veteran's benefits, worker's compensation, unemployment compensation, salaries and wages, alimony, total interest and total dividends. For income from a business, include only the net income or loss after expenses.
Disabled Veterans
Disabled veterans must have disability ratings at 100 percent. These disabilities must meet specific criteria under service connection, be combat-related or the result of being a prisoner of war for at least five months. Widows of disabled veterans may be eligible as well if they meet the qualifications. You may go to www.tn.gov/comptroller/pa/patxr.htm for more information on how to qualify for this program. You may also call your trustee's office for additional information. Applications for tax relief are available in the trustee's office.
Acres - Units used to measure the size of a property. Taxes are based on the calculated acres.
Appraisal - The fair market value of your property Assessment A percentage of the appraised value used to calculate tax payments. Residential and farms = 25% of the appraised value Personal Property = 30% of the appraised value, Commercial Property = 40% of the appraised value.
City - The number assigned to the incorporated cities within the county. 102-Burns; 129-Charlotte; 203-Dickson; 749-Vanleer; 770-White Bluff.
Classification - Identifies the use of the property (i.e., residential, commercial, farm, agriculture, personal property, industrial). Residential identifies 14 acres or less. Farm identifies 15 acres or more that in not in the greenbelt (discounted value) program. Agriculture is 15 acres or more in the greenbelt program. Forestry is 15 acres or more in the greenbelt program.
CO - The number assigned to Dickson County (022).
Current Taxes - The base amount of the property taxes owed.
DI Map Group Ctl Map Parcel S/I DI (District) - The county is divided into 15 civil districts. This identifies the district where the property is located.
Map - Identifies the Property Assessor's map number.
Group - The letter assigned to a group of parcels on a certain map.
Ctl Map - The controlling map number used to identify the property.
Parcel - The number assigned to each parcel of land (within the group number).
S/I(Special Interest) - This applies to property that has separate assessments (i.e., the city limits may divide a parcel; a commercial business located within a residential property; multiple personal property assessments located on one parcel of property).
EQ Factor Equalization Factor - The ratio between the market value and the appraised value on record in the Assessor's Office. This ratio is applied to personal property taxes when the ratio is below 90%. Greenbelt The Agricultural, Forest and Open Space Land Act of 1976, known as the Greenbelt Law, allows certain land to be taxed based on its present use instead of the market value. Two or more separate tracts under the same owner may qualify if one is at least 15 acres and none is less than 10 acres, and if all are part of a farm. To qualify for greenbelt, farm property must produce an average annual gross farm income of at least $1,500; forestry must have a management plan. For more information, contact the property assessor's office.
Property Address - The physical address of a property.
Receipt No - A unique number identifying a single tax bill.
Rollback Taxes - When greenbelt property is disqualified for any reason, the owner is liable for a rollback assessment, which means a repayment of the taxes saved while the land was classified as greenbelt.
Rollback Yrs. (Years) - The years the rollback tax is assessed. The rollback period is three years for agriculture and forestland, five years for open space land and ten years for land under the open space easement.
SSD (Special School District) - Represents special school districts in the County.
Subdivision Name BLK Lot - This information identifies the property as filed in the plat in the Register of Deed's Office.
Subdivision Name - Name of the subdivision on the plat.
BLK - Block number.
Lot - Lot number(s).
Tax Rate Per $100 of Assessment - The ratio of dollars of tax per $100 of assessed value. The County Legislative Body sets the tax rate annually. This rate is applied per $100 of the assessed value. (Assessed value divided by 100 x tax rate = amount of property tax)
Tax Yr. (Year) - The calendar year for which the taxes have been assessed.
Total Due - The total amount of the current year's tax owed by property owner(s).