Arkansas AG Releases Opinion Clarifying Homestead Property Tax Credit Claim for Married Couples Living Separately

The Arkansas Attorney General Dec. 20 released an opinion clarifying a homestead property tax credit claim on separate residences for married couples living separately. The opinion clarifies: 1) married couples jointly owning two residences can only claim the credit for one of the residences and after claiming the credit for the residence will be precluded from claiming the credit for any other property they jointly own; 2) married couples jointly owning two properties couldn’t claim the credit as well as the disabled veteran’s homestead tax exemption; and 3) the 100 percent disabled veteran status isn’t considered a homestead property tax ...