Is There Any Tax Break for the Elderly or Disabled?

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There is a tax break for anybody over the age of 65 or permanently disabled with a gross income not to exceed $30,000 and a net worth not to exceed $75,000. Applications must be filed by May 1 prior to the fiscal year for which the exemption is requested. The title to the property for which exemption is claimed by the person must be held on July 1 of the taxable year by the person or persons claiming exemption.  More information.