The Best Home Tax Exemption Ky References. Under the kentucky constitution, property owners who are 65 or older are eligible to receive the homestead exemption on their primary residence. Automatically exempt from kentucky property tax and they must complete form 62a023, application for exemption from property taxation, to determine if they meet all the.

See if you qualify for a kentucky property tax exemption; The kentucky homestead exemption is adjusted for inflation every two years. In 2021 and 2022, the exemption is equal to $40,500.