Did you know that Veterans with qualifying service-connected disabilities are eligible to have some of their property taxes waived? Yes, Veterans with disabilities can get property tax exemptions! To qualify you need to be a Veteran with the following service-connected disability rating:
- 10%-30% – First $5,000 of appraised value
- 30%-50% – First $7,500 of appraised value
- 50%-70% – First $10,000 of appraised value
- 70% & over – First $12,000 of appraised value
- 100% Rating or Individual Unemployability – 100% of appraised value
These are some other qualifications:
- Surviving spouses & kids who are not married that are under the age of 21 (parent had to die on active duty) – exemption of the first $5,000 on the appraised value of their property.
- Veterans who have a disability rating of 10% or higher & who are 65 years or older are entitled to the maximum property tax exemption.
- Veteran whose disability consists of the loss of use of one or more limbs or total blindness in one or both eyes is entitled to the maximum exemption of $12,000.
- The surviving spouse of a deceased veteran, who at the time of death had a compensable disability & was entitled to an exemption, is also entitled to that exemption if the surviving spouse is unmarried but cannot receive 100% exemption.
- The exemption applies to the property until it changes ownership or the person’s qualification for the exemption changes.
To qualify for any exemption as a disabled Veteran you will need to complete a Form 50-135 & mail it to the County Appraisal District. Proof of eligibility must accompany the application. Applications for the exemption must be completed between January 1 and April 30.