Property Ownership
In Alabama, a homestead exemption reduces the assessed value of a primary residence for property tax purposes. The basic exemption amount is:
A$2,000
B$4,000✓ Correct
C$10,000
D$25,000
Explanation
Alabama's basic homestead exemption reduces the assessed value of an owner-occupied primary residence by $4,000 for state property taxes and $2,000 for county property taxes.
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