The application deadline for the Elderly & Disabled Tax Relief program is May 1. The City of Fredericksburg bills real estate taxes on a fiscal year that runs July 1st to June 30th. If approved, this program's benefits will begin at the start of our next fiscal year .
To be eligible for tax relief, a taxpayer must meet the following qualifications:
The home must be at least partially owned by the tax relief applicant.
The applicant must be age 65 or older by June 30 or rated 100% disabled by the Social Security Administration.
Income from all sources (meaning from all related individuals living in the dwelling) must not exceed $60,000.
The total net worth of owner(s) and spouse(s) cannot exceed $300,000. The value of the house in which the applicant resides is not included in this figure.
This is a summary only and additional qualifications may apply.