Property tax deduction for persons age 65 and older.
Property tax deduction for persons age 65 and older. Provides an assessed value deduction for individuals who are at least 65 years of age, who reside in their home and have owned their home for at least 5 years, and meet certain other specified criteria. Provides that the deduction amount is equal to $120,000.
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{# E23 (Nick, ruling section 1 answer 10): quoting a bill or a court opinion works
the way quoting a news article works. Select a passage above and the same panel
opens: the passage goes to the official you choose, with this document's own
address as its source and its own type. #}