Question: what is the income limit for homestead credit in ohio?
Answer: The tax exemption is limited to the homestead, which Ohio law defines as an owner's dwelling and up to one acre of land. The value of the exemption may not exceed the value of the homestead. The 2017 income threshold is $31,800, the 2018 threshold is $32,200, and the 2019 threshold is $32,800.