Senior Homesteads in DC Show Modest Increase
The District of Columbia homestead deduction provides tax relief to resident homeowners. Resident homeowners may deduct $87,050 (in 2024) from the assessed value of their home before calculating property taxes owed. The senior citizen and disabled person credit (commonly referred to as the senior credit) provides additional tax relief to senior citizens and people with disabilities, who often have fixed income, and may struggle with rising property taxes.
