Ohio Homestead Exemption Income Limit 2025. For current application, 2023 ohio modified adjusted gross income (magi) cannot exceed $38,600. The amount of ohio taxable income the homeowner (and their spouse, if.
For example, with the exemption, a property valued at $200,000 will be taxed at $172,000. Qualifying homeowners must have an income below $36,100 and either be at least 65 years old, or totally and permanently disabled, or the surviving spouse of someone.
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