Available Exemptions

S1R - Regular Homestead Exemption

• No age or income limit.
• For all property owners who occupy the property as of January 1 of the application year.
• Includes $10,000 off the assessed value on County, $4,000 off school, and $7,000 off recreation.

L5A - Senior School Exemption

• Age Requirements: Must be 65 years old as of January 1 of the application year.
• Income Requirements: Net income from all sources must not exceed the maximum benefit amount authorized by Social Security, which for 2025 is $96,432 plus $25,000, for a total income of $121,432 (compare to line 15C of your 2024 or 2023 Georgia tax return).
• Applies to the home and up to one acre of land.
• Applicants may also qualify for this exemption if 100% disabled, regardless of age, with a signed letter from your doctor stating you are unable to be gainfully employed.
• Includes total exemption from all school and school bond tax, $10,000 off the assessed value on county, and $7,000 off recreation.

S3 - Regular School Exemption

• Age Requirements: Must be 62 years old as of January 1 of the application year.
• Income Requirement: Claimant and spouse income cannot exceed $10,000 after deductions (compare to line 15C of your Georgia tax return).
• Includes $10,000 off the assessed value on county, $10,000 off school, $10,000 off school bond, and $7,000 off recreation.

S4 - State Senior School Exemption

• Age Requirements: Must be 65 years old as of January 1 of the application year.
• Income Requirements: Claimant and spouse income cannot exceed $10,000 after deductions (compare to line 15C of your Georgia tax return).
• Includes $10,000 off the assessed value on county, $4,000 off county bond, $10,000 off school, $10,000 off school bond, and $7,000 off recreation.

S5 - Disabled Veteran Exemption

• No age or income limit.
• Requires a letter from the U.S. Department of Veterans Affairs stating applicant has a 100 percent service-connected disability.
• Extends to the unremarried spouse or minor children provided they continue to claim homestead within the same county.
• Includes an annually-adjusted amount set by the U.S. Secretary of Veterans Affairs, off the assessed value on county, county bond, school, school bond, and recreation.

S6 - Floating Homestead Exemption

• Age Requirements: Must be 62 years old as of January 1 of the application year.
• Income Requirements: Total household income as stated on Form 1040 Adjusted Gross Income line cannot exceed $30,000.
• Applies to the house and up to five acres of property. 
• Exemption will not freeze assessment on school tax. (Since this exemption requires forfeiture of your regular exemption, use it only if your parcel has had a substantial increase in assessed value in order to receive a benefit similar to the regular homestead exemption.)

SG - Spouse of a Peace Officer or Firefighter Killed in the Line of Duty

• No age or income limit.
• Applies to the unremarried spouse of a peace officer or firefighter killed in the line of duty; requires a copy of the decedent's obituary.
• Provides 100% exemption from ALL taxes (county, city, and school). Does not exempt applicant from fees (stormwater, street lights or speed tables).

SS - Surviving Spouse Exemption

• No age or income limit.
• Requires a letter from the U.S. Secretary of Defense stating unremarried spouse receives benefits as a result of the death of spouse who was killed or died while on active duty in a combat zone.
• Includes an annually-adjusted amount off the assessed value on county, county bond, school, school bond, and recreation.

L1 - Disability Exemption

• No age or income limit.
• Requires letter signed by your doctor stating that you are 100 percent totally and permanently disabled as of January 1 of the application year.
• Includes $10,000 off the assessed value on county, $4,000 off county bond, $4,000 off school, $4,000 off school bond, and $7,000 off recreation.

L3A - $20,000 Senior Exemption

• Age Requirements: Must be 65 years old as of January 1 of the application year.
• Income Requirements: Claimant and spouse income cannot exceed $10,000 after deductions (use line 15C of your 2023 or 2022 Georgia tax return).
• Includes $20,000 off the assessed value on county, $20,000 off school, and $20,000 off recreation.

City Homestead Exemptions

If you reside within the city limits of Grayson, your application for a county exemption will also facilitate any applicable city exemption for which you may be entitled. For information on exemptions for all other cities, please contact the city directly.

Note: Pursuant to O.C.G.A. § 50-36-1, all applicants for homestead exemption must be a U.S. citizen or qualified alien or non-immigrant under the Federal Immigration and Nationality Act. Applicants who indicate they are qualified aliens or non-immigrants will be required to submit with their application their valid documentation from the U.S. Immigration and Naturalization Service for purposes of verification. 

Updated 12/11/2024