Iowa Homestead Tax Credit

Iowa Department of Revenue

Available Property Tax Relief

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Availability: Available
Listed amount: Up to $20,000

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About This Program

The Grant Map catalogs Iowa Homestead Tax Credit in its Ottumwa, IA research directory. The record carries audience tags for homeowners; those tags do not establish eligibility or current service coverage.

Automatically reduces property taxes for Iowa homeowners who occupy their residence on July 1. Credit is applied to the actual value of the homestead and requires a one-time filing with Wapello County Assessor.

Credit reduces taxable value of homestead property; amount varies by assessed value

The cited program-specific URL responded on 2026-09-18; confirm current terms.

Record set last reviewed 2026-06-09. How we verify our data.

Other published resources for Ottumwa, IA, are listed below. Review each separately and ask the administrators whether they can coordinate funding for the same work:

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Key Details

Automatic property tax reduction for homesteads
Available to all owner-occupants in Iowa
No income requirements
One-time application with County Assessor
Must occupy home on July 1

How to Apply

Confirm the current application route with the administrator. Verified official forms and steps appear below when available.

Prepare your application

Review the likely documents and download a blank preparation checklist. The blank PDF does not include saved personal details.

Verified form to review: Homestead Tax Credit and Exemption (Form 54-028)

The Iowa Homestead Tax Credit lowers the property tax on the home you own and occupy, and homeowners 65 and older also get an additional homestead exemption on a portion of taxable value. You file Form 54-028 once with your local assessor; once approved it carries forward each year without refiling.

Steps to apply

Confirm you own and occupy the Iowa home as your residence (and note your age for the 65+ exemption).
Get Form 54-028, the Homestead Tax Credit and Exemption application, from the Iowa Department of Revenue.
Complete it (the form needs no extra documentation; the assessor may ask to verify age for the 65+ exemption).
File it with your local assessor; the credit and exemption then continue each year automatically.

Get the official form

Documents you will likely need

Proof you own and occupy the home as your residence.
Proof of age if you are claiming the 65 or older exemption (the assessor may ask).
The completed Form 54-028.
Your property's parcel information.

Download blank checklist (PDF)

Already sent us your project details? Sign in to download a preparation sheet with those details. For supported VA programs, you can also get a partially completed official form.

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Requirements vary by program and locality. Confirm the exact rules and application route with the administrator. We can help you prepare your paperwork, but you submit it yourself.

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Program phone: (515) 281-3114

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Deadline: July 1 for new applicants

Questions about this program?

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Frequently asked questions

What amount is listed for Iowa Homestead Tax Credit in Ottumwa, IA?

The Grant Map record states: Up to $20,000. Confirm the current amount and eligible costs with the administrator.

What audience tags are recorded for Iowa Homestead Tax Credit in Ottumwa?

The directory record carries audience tags for homeowners. It also carries a no-income-limit tag. These tags do not establish eligibility; confirm the complete current rules with the administrator.

How do I apply for Iowa Homestead Tax Credit in Ottumwa, IA?

Confirm the application route directly with Iowa Department of Revenue; use the cited source on this page as a starting point or call (515) 281-3114. Confirm any fee or cost with the administrator. Deadline: July 1 for new applicants.

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