pb4uski
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
I just stumbled across this. In short, if you have claimed Florida homestead and own property elsewhere, you need to make sure that any and all homesteading/residence benefits of any nature are not included on your property tax bill from elsewhere. If not, then by Florida statute the county MUST clawback all Florida homestead benefits that you have received even if the outside of Florida benefits that you received was a mistake and you were not aware of the mistake.
One example from the article:
I can easily see me seeing a $100 "Lottery and Gaming Credit" on my property tax bill and not understanding that it was some sort of homesteading/principal residence benefit and getting caught in such a trap.
Luckily, Vermont's homesteading benefit is an annual declaration that is filed along with your tax return, so if I don't file the homesteading declaration then the benefit automatically goes away.
One example from the article:
...A Florida resident who had a homestead tax exemption in the state for 26 years. Bentley’s letter says a Wisconsin property appraiser “applied a $100 annual ‘Lottery and Gaming Credit’ on his tax bill without his permission.” The man owes $80,000 in back taxes and penalties in Florida. ...
I can easily see me seeing a $100 "Lottery and Gaming Credit" on my property tax bill and not understanding that it was some sort of homesteading/principal residence benefit and getting caught in such a trap.
Luckily, Vermont's homesteading benefit is an annual declaration that is filed along with your tax return, so if I don't file the homesteading declaration then the benefit automatically goes away.