Certain properties and property owners may be eligible to reduce what they owe on property taxes. Here you can find the programs available and see if you qualify.
What is it?
The homeowner’s exemption will exempt 50% of the value of your home and up to one acre of land (maximum: $125,000) from property tax.
Read more about Homeowner’s Exemption in Idaho Code 63-602G
Do I qualify?
If you own and occupy a home (including manufactured homes) as your primary residence, you could qualify for a homeowner’s exemption for that home and up to one acre of land.
You apply for this exemption with your county assessor’s office, and it determines if you qualify. Once approved, your exemption lasts until the home’s ownership changes or you no longer use the home as your primary residence.
How do I apply?
To apply, submit a completed application by Dec. 31 to the Bannock County Assessor’s Office,130 North 6th Avenue, Pocatello.
Request an application:
Phone: 208-236-7260
Office: 130 North 6th Avenue, Pocatello ID 83201
Do I need to apply again?
You only need to apply once. If approved, your exemption is good until any of the following happens:
• You move and the home is no longer your primary residence
• You no longer own the home
• The home’s ownership changes (e.g., you put the home in a trust; you start to share ownership with someone else)
How will I know I’ve been approved for an exemption?
When the application is approved, the exemption is permanent as long as one owns and occupies the property. If the property is sold, the new owner must file an application with the assessor’s office.
Notices of approval are not sent to homeowners; to verify that your exemption has been processed, please review your annual assessment notice. If you believe there is an error pertaining to your exemption, contact our office at (208) 236-7260.
What is it?
Qualified homeowners can reduce their property taxes from $250 to $1,500 by applying to the Property Tax Reduction Program, also known as the “circuit breaker.” This program is meant to help seniors, people with disabilities, and widowers alleviate their property taxes.
Note: This program won’t reduce solid waste, irrigation, or other fees that government entities charge.
Do I qualify?
You may qualify for property tax reduction in 2024 if:
• You are an Idaho resident, and;
• You own and occupy your home or mobile home, and the value doesn’t exceed a limit set by law that will be calculated in June 2024, and;
• Your total 2023 income, after deducting medical expenses, was $37,000 or less, and;
• You’re any of the following as of January 1, 2024:
• 65 or older
• Former POW or hostage
• Motherless or fatherless child under 18
• Blind
• Widow(er)
• Disabled as recognized by the Social Security Administration, Railroad Retirement Board, Federal Civil Service, Veterans Affairs, or a public employment retirement system not covered by these agencies.
How do I apply?
You must apply and qualify for this program every year. You must apply between January 1 and April 15, 2024, for a reduction to 2024 property taxes.
If your application is approved, your benefit will appear on your December 2024 property tax bill.
Before you apply: See the guide for the 2024 Property Tax Reduction Program for the information you’ll need to have ready.
When you file your application, you must provide proof of:
• Income (View2024 – Property Tax Reduction Income Brackets)
• Medical expenses
• The requirement(s) you meet (age 65 or older, blind, VA disability, etc.)
• Ownership, if the property is owned by a trust or limited liability corporation (LLC)
Or, you can fill out and mail a paper form to your county assessor.
Help with my application
You can call the Bannock County Assessor’s Office at 208-236-7260 for help with your application anytime between 8 a.m.-5 p.m. Monday-Friday.
What documents do I need to apply for the Circuit Breaker?
You might qualify for this program if you’re an Idaho resident, homeowner, and qualified veteran with a 100% service-connected disability. The program could reduce the property taxes on your home and up to one acre of land by as much as $1,500.
Once granted to a qualifying veteran, a surviving spouse can use this benefit. However, the benefit isn’t transferable to a new property after the death of the veteran.
Note: This program won’t reduce solid waste, irrigation, or other fees that government entities charge.
Read more about the program:
Property Tax Benefit for Veterans with a 100% Service-Connected Disability
Who qualifies
The Disabled Veterans benefit doesn’t have an income limit. You might qualify for this program in 2024 if both of these apply:
- You’re recognized as a veteran with a 100% service-connected disability or receive 100% compensation due to individual unemployability by the U.S. Department of Veterans Affairs as of January 1, 2024.
- You owned and lived in a home in Idaho that was your primary residence before April 15, 2024.
- The property must have a current homeowner’s exemption.
- The home can be a mobile home.
You could qualify if you live in a care facility or nursing home in 2024 or lived in one in 2023. Contact your county assessor’s office for information.
How to apply
You must apply and qualify for this program every year. You must apply between January 1 and April 15, 2024, for a reduction to 2024 property taxes.
If your application is approved, your benefit will appear on your December 2024 property tax bill.
Before you begin: Get a current letter from the U.S. Department of Veterans Affairs confirming your 100% service-connected disability rating or your 100% compensation due to individual unemployability as of January 1, 2024.
** The Bannock County Veterans Services Office can help you obtain this letter! We are hosting walk-in clinics from Jan. 30-April 9 to help gather this information. Click here for more information.
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If you’re an Idaho homeowner, you might be eligible for the Idaho Property Tax Deferral (PTD) program. The program lets you postpone paying taxes on your home and up to one acre of land. You must pay the taxes and interest at a later time.
You might qualify for this program in 2024 if both of these apply:
- Your income for 2023 was $58,304 or less.
- You meet the conditions described in theguide for the 2024 Property Tax Deferral program
Applying
You must apply and qualify for this program every year. You must apply between January 1 and September 3, 2024, for a deferral on your 2024 taxes.
Before you apply: See the guide for the 2024 Property Tax Deferral program for the information you’ll need to have ready.
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Idaho Codes§§ 63-602AA and 63-711 allow certain propertiesbelonging to persons who, because of unusual circ*mstances that affect their ability to pay the property tax, should be relieved from paying all or part of said tax in order to avoid undue hardship, which undue hardship must be determined by the Board of Equalization, which is comprised of the County Commissioners.
If you have any questions about the Hardship Application, please feel free to call the Commissioners’ Office at 208-236-7210 or email kristid@bannockcounty.us.
There is no deadline to apply for a Hardship.
Application Process
Step 1 – Download the Application
Download the application here or pick up a hard copy in the Commissioners’ Office, 624 East Center Room 101, Pocatello ID 83201.
Complete the application to the best of your ability, as it is helpful for the Board to have enough information upon which to base their decision.
*NOTE: DONOT sign your application without a notary present. For your convenience, the Commissioners’ Office offers free notary services that you can utilize upon submitting your application. Please bring a state-issued photo ID.
Step 2 – Submit your Application
Once you have a notarized signature and gathered all the necessary supporting documents, please submit your application to the Commissioners’ Office at 624 East Center Room 101, Pocatello ID 83201.
Step 3 – Meet with the Board
Once you have submitted a complete application, a hearing will be scheduled with the Board of Equalization. This is done in the Bannock County Commissioner’s Chambers (Room 212).
Step 4 – Appeal the Decision
Per Idaho Code §63-711, if you disagree with the Board’s decision, you can appeal to the 6th District Court within 30 days of the decision. This appeal must be filed with the County Clerk’s Office (room 211) or call 208-236-7343.
Certain properties, such as non-profit entities and government properties, may be exempt from paying property taxes if the propertyqualifies for exemption per Idaho State Code § 63-602. Property Tax Exemption applications can be turned in between January 1, 2024, and April 15, 2024, at 5 p.m.No late applications will be accepted.
Please include documents that support your request for exemption.Organizations must apply each year for an exemption.
To apply, download the application here and submit it to the Commissioners by mail, email, or fax.
Email: assessor@bannockcounty.gov
Fax: 208-236-7074
Mail: 130 N. 6th Ave., (Annex), Pocatello, ID 83201
After submitting an application, applicants can expect either; (1) to receive a letter informing them that the entity has been approved or (2) a phone call requesting a meeting with the Board of County Commissioners to answer questions regarding the application.
For questions regarding the Property Tax Exemption, call the Commissioners’ Office at 208-236-7260. Read more about Property Tax Exemptions in Idaho Code Title 63, Chapter 6.
Idaho Code 63-602X, the Casualty Loss Exemption, is intended for property taxpayers who have experienced considerable property damage in a given year. The exemption will deduct the damages to the property from the tax assessment. The impact this will have on taxes, if any, will only be determined once levies are certified in the fall.
The Board of Equalization shall determine whether to grant an exemption on a case-by-case basis.
An exemption granted under this section shall be for the year in which the real or personal property has been damaged or destroyed.
If an exemption is granted, the value of the property subject to taxation shall be calculated by dividing the number of days in the year prior to the casualty loss by the number of days in the year and multiplying the resulting equation by the marker value of the property less any applicable exemptions, as of 12:01 a.m. on the first day of January of the tax year.
The Board of Equalization shall decide whether to grant such a claim for exemption on or before the second Monday of July of the year in which the claim is filed. If granted, either in whole or in part, the county board of equalization shall order all necessary adjustments made in the property roll.
DUE: 5:00 p.m. on the Fourth Monday of June of the year in which the casualty loss occurred.
Download Application for Casualty/Loss Exemption
