Ohio Homestead Exemption 2024 Income Limit. Below you will find information that will assist you in. If qualifying for the first time in calendar year 2024, you must have an ohio adjusted gross income (oagi) (line 3 of the 2023 ohio income tax return) of $38,600 or less.

If you’re eligible for the ohio homestead exemption, it’s important to apply to receive the maximum protection allowed under the law. The tax exemption is limited to the homestead, which ohio law defines as an owner’s dwelling.