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PTAX3402021 Senior Citizens Assessment FreezeHomestead Exemption Application and AffidavitJULY 31, 2021 PROOF OF INCOME REQUIRED Last date to apply: Part 1:Applicant information (Please type or print.)NOT
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PTAX-340 - 2021 senior is needed by individuals who are eligible for senior exemptions on their property taxes.
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This form is specifically for seniors who meet certain age and income requirements set by the local tax authorities.
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If you are a senior and wish to receive a tax exemption on your property, you need to fill out PTAX-340 - 2021 senior.
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PTAX-340 is a form used by senior citizens in Illinois to claim a property tax exemption which allows for a reduction in their property taxes.
Senior citizens who own or occupy a residential property in Illinois and wish to claim the senior citizens homestead exemption are required to file PTAX-340.
To fill out PTAX-340, seniors must provide personal information including their name, address, date of birth, and property details. They should follow the instructions provided on the form to ensure all required sections are completed.
The purpose of PTAX-340 is to allow eligible senior citizens to apply for property tax exemptions that help reduce their property tax liability and alleviate the financial burden of property ownership in retirement.
PTAX-340 requires information such as the applicant's name, address, date of birth, social security number, the date they moved into the property, and the property's legal description or parcel number.
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