Veterans Deduction
A person who is a disabled veteran is eligible to file a veteran’s exemption. The requirements include:
- Totally disabled veteran (or veteran at least age 62 with at least 10% disability) or surviving spouse
- Will receive $12,480 from assessed value
- Partially disabled veteran (at least 10% disability connected to service) or surviving spouse
To apply for this exemption you must bring in a Form 20-5455 from the veterans office. Any remaining value that is left after the deduction from real estate taxes is available for use toward the purchase of license plates.
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