Statutory Citation
Qualification
- To qualify for this exemption you must be disabled or become disabled during the assessment year (i.e., cannot participate in any "substantial gainful activity by reason of a medically determinable physical or mental impairment" which will result in the person's death or that will last for at least 12 continuous months).
- The applicant must own or have a legal or equitable interest in the property, or a leasehold interest of a single-family residence. The applicant must occupy the property as your principal residence on January 1 of the assessment year, and is liable for the payment of the property taxes.
Application Process
- File a completed PTAX-343 application form with additional documentation demonstrating eligibility.
- Additional Documentation - Proof of Ownership
- Additional Documentation - Proof of Disability
- A Class 2 Illinois Disabled Person Identification Card from the Illinois Secretary of State's Office. Note: Class 2 or Class 2A qualifies for this exemption; a Class 1 or 1A does not qualify.
- Proof of Social Security Administration disability benefits. This proof includes an award letter, verification letter, or annual cost of living adjustment (COLA).
- Proof of Veterans Administration disability benefits. This proof includes an award letter of total (100%) disability, pension statement, or statement showing compensation rated at 100%.
- Proof of Railroad or Civil Service disability benefits is an award letter of total (100%) disability.
- You may also be required to be re-examined by an IDOR designated physician. Note: You will be responsible for any costs incurred for your examination by any physician.
Renewal Process
- Annual renewal is no longer required for the Homestead Exemption for Persons with Disabilities.
- Public Act 102-0895 allows the County Board by resolution to authorize the Supervisor of Assessments to automatically renew the Homestead Exemption for Persons with Disabilities. Such Resolution FI-R-0315-22 was enacted and approved on August 9, 2022.
Benefit:
- This Homestead Exemption reduces the net taxable assessed value by a maximum of $2,000. The actual tax savings is dependent on the applicable tax rate. Typical savings for 2022 pay 2023 is about $146.