Ky Homestead Exemption 2025. Kentucky’s constitution allows property owners who are 65 or older to receive the homestead exemption on their primary residence. Homestead exemption section 170 of the kentucky constitution also authorizes a homestead exemption for property owners who are at least 65 years of age or who have been determined.
The kentucky department of revenue has set the maximum homestead exemption at $46,350 for the 2023 and 2024 tax periods. It’s essentially a way for the state to give back to its senior citizens and.