Disabled Veterans

 
 

Disabled Veterans Homestead Market Value Exclusion

 
Homesteaders who are honorably discharged veterans with a service-connected disability rating of 70 percent or more may qualify for a Disabled Veterans Market Value Exclusion.  Disability ratings are determined by the United States Department of Veterans Affairs.
 
  • Qualifying veterans with a disability rating of 70 percent or higher are eligible for a market value exclusion of $150,000.
  • Qualifying veterans who are totally (100 percent) and permanently disabled are eligible for a market value exclusion of $300,000.
  • Spouses of deceased veterans who were 100 percent totally and permanently disabled, and those who receive dependency and indemnity compensation, may also qualify for a market value exclusion of $300,000 for eight years.
 
Applications are due to the Assessor’s Department by December 15 of the assessment year in order to receive this benefit for taxes payable the following year.
 
If you have specific questions, feel free to contact the Assessor's Department or your Veteran's Services officer.
 
A fact sheet about the program is available from the Department of Revenue: