Iowa Homestead Tax Credit
Iowa Department of Revenue
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 2026-07-21; 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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- EPA / WIIN Act Lead Service Line Replacement Varies, full line replacement cost covered in many programs
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
Some programs require contractor estimates, licenses, or inspections. A cited link may be general, so confirm the current rules with the administrator before hiring; a directory match does not guarantee contractor eligibility or funding.
Your application paperwork
Form to file: 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.
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.
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.
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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More ways to save on this project
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Find More Programs in Ottumwa, IA
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