Sarasota County Senior Exemption with Limited Income

A resident who qualifies for the homestead exemption can also be eligible for the senior exemption providing that at least one owner of the property is 65 years of age or older and they meet the annual household adjusted gross income limit.  This can be determined by calling the Sarasota County Property Appraiser at (941) 861-8200.

According to the Sarasota County Property Appraiser:  “The limited income Senior Exemption provides an additional Homestead Exemption for residents 65 and over… Within Sarasota County the benefit amount for this exemption has been established by the different governing authorities and varies depending on where you reside:  $25,000  exemption for the City of Sarasota municipal ad valorem taxes, $50,000 exemption for the Town of Longboat Key municipal ad valorem taxes, $5,000 exemption for the Sarasota County ad valorem taxes, and $0 exemption for the City of North Port or the City of Venice municipal ad valorem taxes.”

For more information about this exemption, or if you need other tax planning advice, call our Florida Board Certified Tax Attorney, Fredric Jacobs, at (941) 906-1231.