Lincoln County Assessor, Guy Browning, would like to remind county residents that July 1, 2019, through December 1, 2019, is the signup period for Homestead Exemption for the 2020 property tax year.
Anyone who will be 65 years or older before June 30, 2020, or who is permanently and totally disabled may apply for the exemption.
The Homestead Exemption reduces the real property assessment on homes by $20,000. For some, depending on the “fair market value” of the owner occupied property, this reduction may completely eliminate the property taxes on their real estate.
To be eligible, the applicant must have lived on the property for at least six months and must have been a resident of West Virginia for the two years prior to the 2020 tax year. The exemption can only be applied to owner-occupied residential real property. Anyone who has previously been approved for Homestead Exemption need not apply again.
Call the county assessor's office at 304-824-7878, Ext. 241, for more information.