1DS - Low Income Senior Exemption

Instructor: Donna Komor, IAO and Teri Ross, IAO

This comprehensive one-day seminar is designed for assessors who work with property tax exemptions for seniors. The program provides both technical guidance and practical administration strategies to ensure compliance and efficiency.

🌅 Morning Session: Determining Income for the Low-Income Senior Exemption

• Focus: Learn the rules, definitions, and documentation requirements for calculating income eligibility.
• Topics Covered:
• What counts as income under exemption guidelines
• Treatment of Social Security, pensions, and other benefits
• Handling joint ownership and household income considerations
• Common errors and how to avoid them
• Outcome: Participants will gain confidence in accurately determining income thresholds and applying them consistently.

🌆 Afternoon Session: Low-Income Senior Exemption V4 Administration

• Focus: Explore the practical aspects of administering the exemption using Version 4 (V4) procedures and tools.
• Topics Covered:
• Step-by-step walkthrough of V4 administration processes
• Data entry, recordkeeping, and reporting requirements
• Best practices for communication with applicants
• Compliance checks and audit readiness
• Outcome: Attendees will leave with actionable skills to streamline exemption administration and ensure smooth program operation.

Continuing Education Hours / Re-Certification Credits

The Institute of Assessing Officers will award six (6) re-certification credits to all Institute members who attend this seminar. Eligible assessors and county directors who attend will receive education credit and reimbursement from ORPTS, pursuant to their rules.