PIERRE If you purchased a home before Nov. 1, 2024, you may be eligible for owner-occupied property tax designation, which could provide property tax relief. The deadline to apply for owner-occupied classification is March 15.
Any South Dakotan who owned and occupied a home before Nov. 1, 2024, is eligible. An individual may only have one owner-occupied classification in the state.
Homeowners who have previously received this classification and still own and occupy the same home will continue to receive the property tax reduction without re-applying.
Taxpayers can check their county notices to verify whether they are already classified as owner-occupied. By looking at their most recent tax bill or assessment notice, a homeowner should see a denotation of an OO or some variation of an abbreviation of the words “owner-occupied.”
The local county director of equalizations office can also look up the property and let the individual know whether they already have the classification.
Homeowners must apply for this classification through their local county director of equalization. The form can be found online here and can be submitted electronically through the Department of Revenue website.
If applicants have questions about the owner-occupied program, they are encouraged to contact their local county director of equalization.
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