Florida DOR Releases Property Tax Form DR-501SC, Household Income Sworn Statement and Return, With Instructions

The Florida Department of Revenue Dec. 1 released Form DR-501SC, Household Income Sworn Statement and Return, with instructions, for property tax purposes. The form is for use by property owners as a sworn statement of adjusted gross household income to qualify for an additional homestead exemption for property owners aged 65 and older, with limited income. Taxpayers should submit the completed statement, Form DR-501, and all required attachments with the county property appraiser on or before March 1 of the current tax year when applying for the exemption for the first time. The instructions include: 1) the exemption applies only ...