Homeowners fail to claim $30 million in available property tax exemptions every year, Los Angeles County Assessor Jeffrey Prang said Tuesday.
Prang urged homeowners to apply for an exemption that reduces assessed values by $7,000, cutting annual property tax bills by $70 to $80.
An estimated 450,000 homeowners don't take advantage of the exemption for a home that the taxpayer uses as a primary residence, according to the assessor.
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New owners will automatically receive the exemption form by mail.
There is no filing fee, so homeowners should be aware of scams offering to help with filing for a fee.
The deadline for a full exemption is Feb. 15. A form can be found online or requested by calling (213) 974-3211 or emailing email@example.com.