Commissioner of Revenue Claiming Exemption

  1. Annually, and not later than May 1 of the taxable year, the person or persons claiming an exemption must file a real estate exemption affidavit with the Commissioner of Revenue.
  2. In accordance with §58.1-3213 (F), all applicants must submit documentation to certify their gross income and net financial worth. All information is kept confidential and is not open to the public.
  3. As prescribed in §58.1-3215, changes in income, financial worth, ownership of property or other factors occurring during the taxable year for which an affidavit is filed and having the effect of exceeding or violating the limitations and conditions shall nullify any exemption or deferral for the remainder of the current taxable year and the taxable year immediately following.
  4. Your application will be denied if…
    1. Any one of the above eligibility requirements are not met
    2. The application is not filled out in its entirety
    3. The application is not filed in a timely manner
    4. The application does not include all required documentation
  5. The person or persons to whom an exemption has been granted shall on or before December 5 of the tax year for which such exemption is granted make payment to the Treasurer any tax amount not exempted by this application. Maximum amount exempted is based upon the following scale:

Qualified Income                   Exemption Amount
$0.00 - $15,000.00                $1,600.00
$15,000.01 - $25,000.00       $1,300.00
$25,000.01 - $35,000.00       $1,000.00
$35,000.01 - $50,000.00       $   500.00