This version of the form is not currently in use and is provided for reference only. Download this version of Form DR-501 for the current year.
This is a legal form that was released by the Florida Department of Revenue - a government authority operating within Florida. As of today, no separate filing guidelines for the form are provided by the issuing department.
Q: What is Form DR-501?
A: Form DR-501 is the original application for homestead and related tax exemptions in Florida.
Q: What is a homestead exemption?
A: A homestead exemption is a tax benefit that reduces the taxable value of a property owner's primary residence.
Q: Who is eligible to apply for a homestead exemption in Florida?
A: To be eligible for a homestead exemption in Florida, you must be a permanent resident of Florida and use the property as your primary residence.
Q: What are the benefits of a homestead exemption?
A: The benefits of a homestead exemption in Florida include a reduction in the assessed value of your home for property tax purposes and protection against certain creditors.
Q: What other tax exemptions are included in Form DR-501?
A: In addition to the homestead exemption, Form DR-501 also includes exemptions for widows/widowers, disabled veterans, and other categories.
Form Details:
Download a fillable version of Form DR-501 by clicking the link below or browse more documents and templates provided by the Florida Department of Revenue.