LIHU‘E — The County of Kaua‘i in a press release reminds the public that the deadline to file 2023 real-property-tax exemptions is Friday.
Primary residents of Kaua‘i not currently receiving home exemptions or related tax credits may be eligible to file a claim to reduce property taxes on homes.
To qualify for a home exemption, one must:
• Occupy the property as the principal home for more than 270 days;
• Provide a 2021 full-time residency state income tax return (form N-11);
• Provide a Hawai‘i driver’s license or state ID;
• Not claim primary residency elsewhere.
Other exemptions include totally disabled veterans, persons with impaired sight or hearing and persons totally disabled, charitable organizations, low- and moderate-income earners, owners with eligible safe rooms, kuleana landowners and an additional home exemption relating to owner-occupants’ income.
Tax credits include the limitation of taxes for home preservation and the low-income-tax credit.
The long-term-affordable rental program provides the Homestead tax class, the lowest tax rate, for approved property owners who rent their properties at or below 90% of the Kaua‘i median household income as set forth in the Kaua‘i County Housing Agency Affordable Rental Housing Guideline.
Any questions regarding the continuing status of a multi-year lease agreement should be directed to the county Finance Department’s Real Property Assessment office prior to Sept. 30.
The Long-Term Lease Application for Reclassification of Residential Investor Properties provides the lower tax rate for property owners whose property’s value is $1.3 million or higher. To qualify, an owner is required to file the application and provide current long-term-lease agreements for all residential units on the parcel.
Failure to notify the county of any change to current tax-relief status subjects the property to back taxes and a civil penalty for each year that the change is unreported.
Exemptions and tax-credit forms are available at 4444 Rice St., Suite 454, in the Lihu‘e Civic Center, or online at kauaipropertytax.com. Certain forms are also available for online submission at https://connect.kauai.gov.
• Info: 808-241-4224
