What income amounts are included in the calculations for the Senior Citizen/Disabled Person exemption?
- Wages, Salaries, Tips

- Social Security Benefits

- Retirement Benefits (including Railroad)

- Income from Pensions, Annuities, IRAs

- Interest and Dividends

- Business Income, Note: Depreciation and business losses are not deducted

- Rental Income, Note: Depreciation and rental losses are not deducted

- Capital Gains other than the gain from the sale of your primary residence if it was invested in a new primary residence

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1. What income amounts are included in the calculations for the Senior Citizen/Disabled Person exemption?
2. What deductions can be excluded from my income for the Senior Citizen/Disabled Person exemption?
3. I own 6 acres, how much of my parcel can be exempted under the Senior Citizen/Disabled Person exemption?
4. If I sell my home, will the new owner receive the benefit of the Senior Citizen/Disabled Person exemption?
5. Can I transfer my Senior Citizen/Disabled Person exemption to a different property?