County Tax Office
306 West Market Street, Greenwood, MS 38930
P.O. Box 1957, Greenwood, MS 38935
Homestead exemption is a law passed by the Mississippi legislature in 1936 to give homeowners a reduction on their property taxes. To receive this tax break you must:
The right to the exemption shall be determined according to the facts existing on January 1 of each year.
In 1994 the law was changed to one time filing of homestead exemption, which means that once you file homestead exemption you do not have to re-file unless you have had one of the following changes in the preceding year:
When Filing Homestead Exemption For The First Time You Must Bring:
The two types of homestead exemptions are regular and special homestead. If you receive regular homestead exemption, you get a dollar amount taken off your taxes based on the value of the property. Special homestead exemption is for individuals over the age of sixty-five or disabled. You must bring proof of your age or disability and re-file your homestead exemption to receive these additional breaks. The special homestead exemption provides an exemption up to $75,000 of value on homeowner's property. This means that if your property appraised at $75,000 or less you would not have to pay any taxes. If your property is appraised above $75,000 you only pay taxes on the amount above $75,000.