Arkansas property taxes
Varies
Are Property Taxes Deductible in Arkansas?
Short answer: Yes on your federal return if you itemize, within the $40,400 SALT cap. Arkansas adds its own break: Homestead Property Tax Credit for any owner-occupied primary home; register with your county assessor.
Homestead: $600 homestead property tax credit per year (up from $500) starting with 2025 assessments paid in 2026. Act 330 of 2025 raised the homestead credit to $600; homeowners 65+ or disabled can also freeze their home's assessed value.
Records to keep: Keep receipts, statements, and a note of what each cost was for. Compare itemizing to the 2026 standard deduction ($16,100 single / $32,200 joint) before you claim.
Arkansas property taxes
Varies
Individuals / Personal Taxes
Yes on your federal return if you itemize, within the $40,400 SALT cap. Arkansas adds its own break: Homestead Property Tax Credit for any owner-occupied primary home; register with your county assessor.
Business justification
Yes on your federal return if you itemize, within the $40,400 SALT cap. Arkansas adds its own break: Homestead Property Tax Credit for any owner-occupied primary home; register with your county assessor. Homestead: $600 homestead property tax credit per year (up from $500) starting with 2025 assessments paid in 2026. Act 330 of 2025 raised the homestead credit to $600; homeowners 65+ or disabled can also freeze their home's assessed value.
Category
- Personal Tax Deductions