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Old 06-24-2008, 06:56 PM
 
Location: Utopia
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Default Over 65 pay NO property tax in Alabama? Huh?

Today I met a lady from Birmingham, and she swore up and down that--after 65--NOBODY pays any property tax in Alabama. I have a hard time believing it, but am open to facts. Does anyone on the board know what the property tax laws are there? Is what she said true or not?
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Old 06-24-2008, 09:34 PM
 
Location: Alabama!
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Not true. Depends on the income level, and you have to submit your previous year's tax return. My mom died at age 84 and ALWAYS had to pay property tax, no breaks. But her neighbor, who only had social security for income, paid either nothing or very little.
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Old 06-25-2008, 05:39 AM
 
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Southlander is right, it depends on your income, however property taxes are VERY low in AL compared to many other states. My PT in FLA were close to $2K for a house that was valued at a little over $100K with $25K homestead. My house in AL is the same size as the one in FL with a lot more land and cost 80K my taxes were $160.00 (mol) and I am not 65.
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Old 06-25-2008, 10:22 AM
 
Location: Utopia
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Yes, I knew the property tax in Alabama was wonderfully low, but I was kinda shocked when these 2 ladies swore up and down that nobody in Alabama pays property tax over 65...must mean nobody living on a fixed income of Social Security pays property tax. They aren't counting the people with earnings from investments after 65 I see. Thanks for the help!!!!
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Old 06-25-2008, 05:18 PM
 
Location: Floribama
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My grandfather didn't have to pay property taxes. He wasn't dirt poor, but he wasn't wealthy either. I think he had pension, disability, and social security income. He took early retirement from the paper mill because of a stroke. I now pay about $650 per year in taxes for the same house (he died in '03).
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Old 06-25-2008, 06:51 PM
 
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Here is the real story..

For tax years beginning on and after October 1, 1981, for residents of this state,
over 65 years of age who have an annual adjusted gross income of less than $12,000

as reflected on the most recent state income tax return or some other appropriate evidence, or who are retired due to permanent and total disability, regardless of age, or who are blind as defined in Section 1-1-3, regardless of age or whether such person is
retired, homesteads, as defined in the Constitution and laws of Alabama, are hereby
exempted from ad valorem property taxes levied by any county of this state, including such taxes levied for school districts.

http://www.ador.state.al.us/advalore...ns/40-9-19.pdf

SNL.. your grandfather had a disability, that is why he didn't have to pay
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Old 06-25-2008, 08:39 PM
 
Location: Floribama
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Quote:
Originally Posted by Keeper View Post

SNL.. your grandfather had a disability, that is why he didn't have to pay
Yeah, I think you're right because I know he had more than $12k a year coming in.
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Old 06-27-2008, 10:03 AM
 
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The below is quoted from this site, which is a county site, so not sure if it applied to ALL owners in the state. I haven't heard anything about it, but then again, I'm not even close to 65.

Homestead Exemption
A homestead exemption is a reduced tax a property owner may be entitled to if he or she owns a single-family residence and occupies it on the first day of the tax year for which they are applying. There are four types of homestead exemption;

1 . Regular Homestead is available to those who own and occupy single family residences and use this property for no other purpose. The amount of this exemption is $4,000 assessed value for state and $2,000 for county.
2. Exemption 2 is for persons over age 65 or totally and permanently disabled whose adjusted gross income is less than $12,000 annually. This is for all state taxes and up to $5,000 assessed value for county.
3. Exemption 3 is for persons over age 65 or who are totally disabled. This exempts all property taxes on homestead if the taxable income is less than $7,500.00.
4. Exemption 4 is for persons over 65, regardless of income. This exemption is for total state taxes and up to $2,000 assessed value for county. You will need proof of age or total and permanent disability and taxable income. Exemptions should be applied for before December 31 each year.
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Old 08-09-2012, 09:54 PM
 
Location: just wandering around
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Well, to update this thread:

State-by-State Guide to Taxes on Retirees

Click on Alabama.

I've also read a few publications about places to retire and they all agree. Let me know if something has changed recently, but this is as of 2011.

ALABAMA
Homeowners 65 and older are exempt from all state property taxes. Some cities also assess separate property taxes. A homestead exemption of up to $5,000 of assessed value is granted by the state on real property taxes. A larger exemption is available to people older than 65.
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Old 08-10-2012, 06:01 AM
 
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Well where i live you still have to pay city/county property tax if you make over 12K gross and over 65. It is nothing like FL but houses are also much cheaper here. If you are disabled you do not pay any property taxes. My house value is a little less than 100K and I pay a little over $100 a year
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Last edited by Keeper; 08-10-2012 at 06:11 AM..
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