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Property Tax Exemptions For Senior Citizens And Disabled Persons - Washington State Department Of Revenue Page 3

ability payments, and welfare receipts

spouse, or cotenant to receive in-home

(excluding amounts received for the care of

care. The care received must be similar to

dependent children).

the care provided by a nursing home.

Interest and dividend receipts.

Medical treatment, physical therapy, Meals

on Wheels (or similar meal delivery ser-

vice), and household and personal care.

Business income. Depreciation and busi-

Personal care includes assistance with

ness losses may not be deducted.

preparing meals, getting dressed, eating,

taking medications or areas of personal

Rental income. Depreciation and rental

hygiene.

losses may not be deducted.

Special furniture and equipment, such as

Capital gains.

wheelchairs, hospital beds, and oxygen.

If you were retired for two or more months

during the application year, your household

Exemptions

income will be computed by multiplying the

average monthly disposable income received

When your annual income for the application

during the months you were retired by twelve.

year is $30,000 or less, your home will be

If your spouse died before November 1 of the

exempt from all excess or special levies.

application year or you have a significant

Excess or special levies are in addition to

change in income that is expected to last an

regular levies. They require voter approval

indefinite period of time, your household

and provide money for a specific purpose,

income is computed by multiplying the aver-

such as school bonds and maintenance and

age monthly disposable income, after the

operation levies.

occurrence, by twelve.

In addition, when your income is $24,000 or

Deductions from Disposable Income

less, a portion of the regular levy amount may

be exempt. These exemptions are:

To determine your disposable income, you

When your household income is $18,000

may take deductions for the following:

or less, you are exempt from regular levies

on the first $50,000 or 60% of your home’s

Capital gains you receive from the sale of

assessed value, whichever is greater.

your principal residence, IF the gain is

reinvested in a replacement principal

For example, if your household income is

residence.

$12,000 and the assessed value of your

property is

Non-reimbursed amounts you pay for your

$150,000, the

spouse, yourself, or cotenant to live in a

taxable value of

nursing home.

your property is

$60,000 ($150,000

- $90,000 =

Non-reimbursed amounts paid for prescrip-

$60,000). 60% of

tion drugs for yourself, your spouse, or

$150,000

cotenant.

($90,000) is

greater than

Non-reimbursed amounts you pay for

$50,000.

goods and services that allow you, your

Property Tax Exemptions For Senior Citizens And Disabled Persons - Washington State Department Of Revenue Page 3

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