The Break On Your Tax Bill
Idaho Code § 63-602G and Idaho Code § 63-706 — the homeowner's exemption, and a reduction filed between January 1 and April 15
The first $125,000, or half. For each tax year, the first $125,000 of the market value of a homestead, or 50% of that value, whichever is less, is exempt from property tax. The home must be owner occupied and the owner's primary dwelling, and the owner certifies to the assessor that no claim was made in another county or on another home.
The assessor provides the form. To get the exemption for the current tax year, the application is made by the end of the county's normal business hours on the last business day of the year. A home that qualified the year before keeps the exemption through the year of the owner's death and the year after, while it stays in the estate.
- Sixty-five or older.
- A widow or widower.
- Recognized as disabled by the Social Security Administration or another listed body.
- A veteran with a service-connected disability of 10% or more.
- Blind, a former prisoner of war, or a child under eighteen without a surviving parent.
January 1 to April 15. A homeowner in one of those groups, with household income under the published limit, may claim a property tax reduction on the homestead. The claim is filed with the county assessor between January 1 and April 15 each year, and the largest reduction is $1,500 or the actual tax, whichever is less.
The income limit is the greater of $37,000 per household or 185% of the federal poverty guidelines for a household of two. A home assessed above the section's ceiling is sent to the deferral program instead.
Sources for this section (4)
- Idaho Code § 63-602G — Property exempt from taxation — Homestead
- Idaho Code § 63-701 — Definitions
- Idaho Code § 63-705 — Publication of changes in income limitations and property tax or occupancy tax reduction amounts
- Idaho Code § 63-706 — Time requirements for filing claim
Legal information, not legal advice. Verified as of October 2026. Applying it to a particular situation is the work of a licensed Idaho attorney.