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A Florida homestead shows an assessed value of $52,000 for 2026. What is the taxable value for school taxes, assuming the owner qualifies for the standard homestead exemption?

Correct Answer

B) $27,000

For school taxes, only the first $25,000 homestead exemption applies. So the school taxable value is $52,000 - $25,000 = $27,000.

Answer Options
A
$25,000
B
$27,000
C
$22,000
D
$52,000

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Related Topics & Key Terms

Key Terms:

floridastate_portionhomestead_exemptionproperty_rights_estatesmath
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