What is considered income and how much can I make and still qualify for the Elderly or Disabled Exclusion?

Income is defined as all moneys received from every source other than gifts or inheritances from family members. For the year 2024, the income limit is $36,700. This threshold is adjusted annually for cost-of-living.

Income Examples:

  • 401k and 457 Distributions
  • A.F.D.C.
  • Alimony
  • Annuities
  • Capital Gains
  • Disability
  • Dividends
  • Farm and Gambling Income
  • Foster Care Payments
  • Interest
  • IRA Distributions
  • Pensions
  • Railroad Retirement
  • Rental
  • Social Security
  • SSI
  • Unemployment
  • VA Benefits
  • Wages
  • Worker’s Compensation

Show All Answers

1. What is the Elderly or Disabled Homestead Exclusion Property Tax Relief Program?
2. What are the qualifications for the Homestead Exemption?
3. What is considered part of my homestead / permanent residence?
4. Do I have to apply in person?
5. How can I show that I am 100% totally and permanently disabled?
6. What is considered income and how much can I make and still qualify for the Elderly or Disabled Exclusion?
7. How do I provide proof of income?
8. When is the deadline to file an application?
9. Do I need to reapply annually?