Page 14 - The Islander - April '21

Page 14, The Islander

loCal Government from page 12
Palm Beach County Property Appraiser’s Office

Dear Taxpayer: • Counter visits: 26,450 income, as defined in s.62 of the United States Internal
Happy spring! • E-Files: 15,690 Revenue Code, of all members of a household.
My office continues to • Total new homestead exemptions: 29,449 If you file a tax return, this is the amount reported on
work on the 2021 tax roll • Portability applications: 5,616 IRS Form 1040, line 7. If you do not file a tax return,
and make preparations for adjusted gross income includes, but is not limited to wages,
the release of the estimated Renewal Of Limited Income salaries, tips, taxable interest, ordinary dividends, capital
2021 taxable property gain distributions, taxable IRA distributions, taxable
values to the Palm Beach Senior Citizen Exemption pension and annuities, unemployment compensation, and
County taxing authorities. taxable Social Security benefits.
These preliminary Earlier this year, my office mailed out renewal For questions, please contact Exemptions Services at
estimates (which are applications for those who qualified for the additional (561) 355-2866 or myexemption@pbcgov.org.
officially released at the end exemption for persons age 65 and older. The renewal form
of May of each year) assist the county, its municipalities, must be returned (postmarked) to the Palm Beach County Short-Term Rental Of A
and other taxing authorities in projecting their budgets Property Appraiser’s Office, 1st Floor, 301 N. Olive Ave.,
and tax rates and also provide a benchmark as to what West Palm Beach, FL 33401, no later than May 1. Homesteaded Property
revenue they can expect to receive from property taxes This is an additional homestead exemption of up to
in the coming year. $50,000 for Palm Beach County residents who: You may rent your homesteaded property for 30
The preliminary tax roll will reflect the impacts • Are aged 65 years and older; days or less per calendar year and maintain a homestead
of COVID-19 across Palm Beach County’s property • Own a property that has a homestead exemption; and exemption. Rental for more than 30 days for two
market. While markets were slow in the early days of the • Have a cumulative adjusted household gross income consecutive years or for more than six months constitutes
pandemic, the second half of the year saw record sales in (excluding tax-exempt bond interest or non-taxable social abandonment of a homestead exemption.
both counts and prices. These sales will be factored into security income) of all persons living in the home of Exempt property rented after January 1 of any
the 2021 valuations. Stay tuned. $31,100 or less for 2021. year does not affect the homestead exemption for that
A reminder about the limited income senior citizen This exemption applies only to the property taxes particular year. If the property is rented on January 1 of
exemption: Unlike the homestead exemption, this requires levied by the taxing authorities granting the exemption for the following year or the terms of the lease are six months
annual renewal. Your renewal form must be returned 2021. For a list of those taxing authorities, visit pbcgov. or more, the exemption will be denied. Property owners
(postmarked) to my office no later than May 1, 2021. org/PAPA. are required to notify the Property Appraiser’s Office
Qualifications and statutory requirements are listed in Section 196.075, F.S. – Additional Homestead when their property no longer qualifies for exemption.
this month’s newsletter. Exemption for Persons 65 and Older. Failure to do so could result in a homestead tax lien with
Also, as “Snowbird Season” comes to a close, property (a) “Household” means a person or group of persons substantial penalty and interest.
owners who benefit from the homestead exemption living together in a room or group of rooms as a housing Be aware of the law before deciding to rent your
and are considering renting all or a portion of their unit, but the term does not include persons boarding in property. (Florida Statute 196.061 and 196.011 (9) (a)).
homesteaded property should review the important or renting a portion of the dwelling. For more information, visit pbcgov.org/PAPA or contact
information below on short-term rentals on a homesteaded (b) “Household Income” means the adjusted gross Exemption Services at (561) 355-2866.
property.
I hope you find this information beneficial and
interesting.
Respectfully,
Dorothy Jacks, CFA, AAS,
Palm Beach County Property Appraiser
We Value What You Value

The Boca Raton Inlet, as seen from the Pictometry tool at For only
pbcgov.org/PAPA
Palm Beach County pennies a day,
Property Appraiser’s Office Link+ is a

Service Centers life preserver

While a vast array of services and information are for any and
available online 24/7 at pbcgov.org/PAPA, my office
maintains five service centers, conveniently located all individuals
throughout Palm Beach County and staffed by qualified
professionals. They administer the homestead exemption, and a MUST
additional property tax exemptions, mailing address and
ownership changes, portability applications, and more. for seniors.
2020 customer service by the numbers:
• Phone calls: 67,102

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