SEMN Disabled Veterans May Not Have to Pay Property Tax
This is something I just learned on Friday and I'm told not many people know about it. If you are a veteran with a disability, there is something called the Disabled Veterans Exclusion worth looking into. It could reduce or eliminate your property tax.
According to the Olmsted County Property, Records & Licensing Department,
This program provides a market value exclusion for property tax purposes for the homestead property of an honorably discharged veteran who has a service-connected disability rating of 70 percent or higher, as determined by the United States Department of Veterans Affairs.
When do you apply?
You should apply for the market value exclusion as soon as you received notification from the Veteran's Administration. Applications are due by December 15.
How do you apply? In-person or by mail. All the info and forms are right HERE. That same link has applications for...
- Homestead Exclusion for a Surviving Spouse of a Veteran who was Permanently Disabled or a Service Member Who Died While in Active Service
- Homestead Exclusion for a Primary Family Caregiver of a Veteran with a Disability
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