Yes, under certain circumstances, you may be eligible for reduced taxes or participation in other special programs if you meet the requirements specified in the North Carolina General Statutes. A brief description and the basic requirements for each are described under this section.
Senior Citizen and Disability Assistance
North Carolina excludes from property taxes the greater of twenty-five thousand dollars ($25,000) or fifty percent (50%) of the appraised value of a permanent residence owned and occupied by a qualifying owner. Claimant must be a North Carolina resident, 65 years of age or totally and permanently disabled (physician's statement required), and has a combined income of both spouses for the preceding year not to exceed $27,100.
Anyone who meets these requirements can download an Exclusion Form or request one by calling 250.4920. Applications should be filed prior to June 1 to insure the exclusion is granted for the current tax year.
Elderly Property Tax Exemption Informational Video
North Carolina General Statutes allow for certain types of property to be exempt from property taxes if they meet the requirements specified by the statutes. Some types of exempt property may include but are not limited to the following:
- Property used for religious purposes.
- Property set aside for burial.
- Property used for educational, scientific or literary purposes.
- Property used for charitable purposes.
Additional Exemption Information
To apply for an exemption, an application must be filed with the Tax Department during the regular listing period, which is the month of January. To receive an application or learn more about exempt property, please call 250-4940 or email email@example.com.
Land Use Program
The North Carolina General Assembly enacted the "Land Use Program," which allows reduced tax values for individually owned property used for agriculture, horticulture or forestry. Basic eligibility requirements follow:
Agriculture: Agricultural land consisting of one or more tracts, one of which consists of at least 10 acres that is in actual agricultural production and that, for the 3 years preceding January 1 of the year for which the benefit is claimed, has produced an average gross income of at least $1000.
Horticulture: Land consisting of one or more tracts, one of which consists of at least five acres that is in actual production and that, for the three years preceding January of the year the benefit is claimed, has either produced an average gross income of $1,000 or been used to produce evergreens intended for use as Christmas trees and meet gross income requirements.
Forestry: Forestland consisting of one or more tracts, one of which consists of at least 20 acres that is in actual production forestry products. A forestry management plan is required for acceptance into this program.
To apply for the Land Use Program, or learn more about eligibility requirements, call 250-4940 or email firstname.lastname@example.org.