Senior Citizen Assessment Freeze Exemption applications available

May 6, 2019

Applications for the 2019 Senior Citizen Assessment Freeze Exemption are available to qualified DeKalb County seniors age 65 and older with a household income of $65,000 or less.

The assessment freeze is an exemption that allows qualified senior citizens to freeze their assessment at a base year value. The exemption is equal to the difference between the current assessed value and the base year value. This exemption freezes the assessed value while not freezing seniors’ taxes, and it must be renewed annually because it is based on income.

To qualify for the exemption, a homeowner must be 65 or older, have owned and occupied the property on the first day of the year for the past two years, and have a total household income of $65,000 or less for 2018.

Seniors filing for the freeze exemption must bring the 2018 1040 federal income tax returns for all members of the household. For seniors who do not file income taxes, they must bring their Social Security 1099 statement, as well as verification of all other income received during the year for all household members.

The exemption is not a “pay-back” program and should not be confused with the Real Estate Tax Deferral Program through the Illinois Treasurer’s Office.

Assessment office staff are available to assist applicants in completing the application and provide a free notary service. The deadline to apply is July 15.

For information, call the DeKalb County Chief County Assessment Office at 815-895-7120.