At a Glance:
Benefit: Reduction of property’s taxable value based on disability rating (up to $8,100 for 100% disability)
Eligibility: U.S. veterans with a service-connected disability of 50% or more
Deadline: March 31 of the first year the credit is claimed
Details:
Veterans of the United States armed forces with a disability of 50% or greater are eligible to apply. For a married couple, if both individuals are eligible, then they can both apply, but their combined credits may not exceed 100% of $8,100 of taxable value on the property. A qualifying disabled veteran who acquires the homestead during the year may apply for credit for the portion of the year during which the veteran owns the homestead.
Disability Percentage | Maximum Reduction (from taxable value) |
100% | $8,100 |
90% | $7,290 |
80% | $6,480 |
70% | $5,670 |
60% | $4,860 |
50% | $4,050 |
Application Process/ Requirements
Deadline: March 31 of the first year for which the credit is claimed
Please contact the Assessor’s Office for application assistance