Onslow County Property Tax Exemption Application Deadline Approaching

Date:   April 27, 2010

For Release:  Immediate

Contact:  Harry Smith, 910-989-2200

Property Tax Exemption Application Deadline Approaching

(Onslow County)   June 1, 2010 is the deadline for Elderly/Disabled persons and Disabled Veterans to apply for the property tax exemption for the 2010 tax year.  Applications may be obtained at the Onslow County Tax Office, 39 Tallman St, Jacksonville, NC, during the hours of 8:00 a.m. until 5:00 p.m., Monday through Friday.  Applications are also available on the internet at http://onslowcountync.gov/tax/srcitapp.aspx .

North Carolina excludes from property taxes the greater of twenty five thousand dollars ($25,000) or fifty percent (50%) of the appraised value of a permanent residence owned and occupied by a qualifying owner.  A qualifying owner is an owner who meets all of the following requirements as of January 1 preceding the taxable year for which the benefit is claimed:

1. Is at least 65 years of age or totally and permanently disabled;
2. Has an income for the preceding calendar year of not more than $27,100;
3. Is a North Carolina resident.

Income is defined as all other monies received from every source other than gifts or inheritances received from a spouse, lineal ancestor, or lineal descendant.  For married applicants residing with their spouse, the income of both must be included, whether or not the property is in both names.

Honorably discharged disabled veterans or an unmarried surviving spouse of an honorably discharged veteran who sustained a permanent and total service related disability may be eligible for an exclusion of the first $45,000 of assessed value. There is no age or income requirement for the Disabled Veteran exclusion, but the residency requirement does apply.  Applications must be filed by June 1, 2010.

For information on this tax exemption contact the Onslow County Tax Office at 910.989.2201.