Veteran property tax exemptions are a form of financial relief provided to veterans who meet certain criteria, particularly those who have disabilities resulting from their service.[1]
Some states offer a complete exemption from property taxes for veterans who meet specific criteria, usually those with a 100% disability rating.
In other cases, the exemption might be a percentage reduction of the total property tax bill.
Navigating the financial aspects of life after service is a significant challenge for many veterans, particularly for those rated as 100% disabled due to their service. An important aspect of this is understanding the property tax exemptions available to them. Across the United States, several states offer complete property tax exemptions for veterans who are 100% disabled.
In this guide, we’ll explore the states with no property tax for 100 disabled veterans. We’ll explore not only the list of states but also the specific criteria and application processes involved in each, helping veterans access substantial savings.
How Veteran Property Tax Exemptions Work
Veteran property tax exemptions are a form of financial relief provided to veterans who meet certain criteria, particularly those who have disabilities resulting from their service.[1] These exemptions are designed to reduce or completely eliminate the property tax burden on veterans, acknowledging their service and sacrifices.
Understanding how these exemptions work can help eligible veterans significantly reduce their financial obligations.
Types of Exemptions
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Full Exemption: Some states offer a complete exemption from property taxes for veterans who meet specific criteria, usually those with a 100% disability rating.
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Partial Exemption: In other cases, the exemption might be a percentage reduction of the total property tax bill, depending on the degree of the veteran’s disability.
States With Property Tax Exemptions For Veterans | |
Alabama | Full exemption for 100% disabled veterans on primary residence |
Alaska | Exemption up to the first $150,000 of assessed value for 50% or more disabled veterans |
Arizona | Reduction in property tax based on disability percentage and income criteria |
Arkansas | Full exemption for 100% disabled veterans on primary residence |
California | Exemption for disabled veterans with an income limit; the exemption amount varies |
Colorado | Exemption of 50% of the first $200,000 in value of the primary residence for 100% disabled veterans |
Connecticut | Exemption amount varies by municipality; additional exemptions for income-eligible veterans |
Delaware | Some counties offer property tax exemptions for disabled veterans |
Florida | Total exemption for 100% disabled veterans |
Georgia | Varies by county; some offer full exemption for 100% disabled veterans |
Hawaii | Exemptions vary by county; some offer full exemption for 100% disabled veterans |
Idaho | Property tax reduction program for veterans with at least a 10% disability |
Illinois | Exemption of up to $100,000 in property value for 70% or more disabled veterans |
Indiana | Deduction up to $24,960 in property value for veterans with at least a 10% disability |
Iowa | Full exemption for 100% disabled veterans |
Kansas | Full exemption for 100% disabled veterans |
Kentucky | Homestead exemption for all veterans over 65 |
Louisiana | Full exemption for 100% disabled veterans |
Maine | Varies by local jurisdiction; some offer exemptions for disabled veterans |
Maryland | Exemption for 100% disabled veterans; varies by county |
Massachusetts | Varies by local jurisdiction; exemptions for disabled veterans based on disability rating |
Michigan | Full exemption for 100% disabled veterans |
Minnesota | Market value exclusion for veterans with a 70% or more disability rating |
Mississippi | Exemption for disabled veterans on the first $75,000 of the true value of the primary residence |
Missouri | Some counties offer exemptions for totally disabled veterans |
Montana | Varies by county; some exemptions for disabled veterans |
Nebraska | Homestead exemption for 100% disabled veterans |
Nevada | Property tax reduction based on disability percentage |
New Hampshire | Varies by locality; tax credits for veterans with service-connected disabilities |
New Jersey | Full exemption for 100% disabled veterans |
New Mexico | Several property tax exemptions available based on service-related disability |
New York | Exemptions vary by county and municipality; available for disabled veterans |
North Carolina | Exclusion of up to $45,000 in property value for disabled veterans |
North Dakota | Exemptions for disabled veterans based on disability rating |
Ohio | Reduction in property tax based on disability percentage |
Oklahoma | Exemption for 100% disabled veterans |
Oregon | Exemptions for disabled veterans vary by county |
Pennsylvania | Varies by county; some offer exemptions for disabled veterans |
Rhode Island | Exemption amounts vary by locality |
South Carolina | Full exemption for 100% disabled veterans |
South Dakota | Property tax exemption for veterans with a 100% disability rating |
Tennessee | Tax relief programs for disabled veterans; exemption amounts vary |
Texas | Full exemption for 100% disabled veterans |
Utah | Property tax abatement for disabled veterans |
Vermont | Exemption or credit varies by town for disabled veterans |
Virginia | Full exemption for 100% disabled veterans |
Washington | Reduction in property tax based on income and disability rating |
West Virginia | Homestead exemption available |
Wisconsin | Varies by county; exemptions for disabled veterans are available |
Wyoming | Tax exemptions for veterans with certain disability ratings |
Application Process For Property Tax Exemption
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Documentation: Veterans are typically required to provide proof of their military service, disability rating (such as VA disability benefitsFinancial assistance provided to individuals who are unable to work due to a disability, such as Soc... letters), and ownership of the property.
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Filing an Application: The application for a property tax exemption is usually filed with the local tax assessor’s office. The process can vary by locality, so it's important to check with local tax authorities for specific requirements.
Renewal and Changes
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Some exemptions are automatically renewed each year, while others may require annual reapplication.
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Veterans should be aware of any changes in local laws that might affect their exemption status and stay informed about renewal deadlines.
Impact on Property Tax Revenue
While these exemptions provide much-needed relief to veterans, they do reduce the property tax revenue for local governments. As such, these exemptions are carefully regulated and require strict adherence to eligibility criteria.
Discover Housing Tax Credits For Veterans
Property tax exemptions for veterans, especially those with service-connected disabilities, are an important benefit, providing financial relief and recognizing the sacrifices made by service members. These exemptions vary widely by state and locality in terms of eligibility criteria, application processes, and the extent of the tax relief offered.
Are you in search of affordable housing options? The Low-Income Housing Tax Credit (LIHTC) Program could be the solution you're looking for. Learn more about how you can benefit from the low-income housing tax credit program!
- “Veterans Exemptions.” New York City Department of Finance, 2023, https://www.nyc.gov/site/finance/benefits/landlords-veterans.page