Residents that qualify for this program receive an exclusion of the greater $25,000 or 50% of the qualifying, assessed value of their permanent residence. The permanent residence includes the dwelling, the dwelling site (not to exceed one acre), and the related improvements.
Minimum age 65 years; or
Totally and permanently disabled (no minimum age)
Combined income limit $31,900 (applicant and spouse)
Must meet qualifications January 1
One-time application required
Application deadline is June 1
To apply, complete and submit FORM AV9 and required income statements with the tax office by June 1. For disabled applicants, you must also complete FORM AV9-A signed by a physician licensed to practice medicine in North Carolina.