Qualifications for the Disabled Veteran's Tax Credit Program
- You must own and reside in the home.
- You must maintain a service connected disability of at least 50% by February 1st of the tax year.
- Documentation is required when applying for the first time.
- You must be retired or honorably discharged from the armed forces of the United States.
- Documentation is required when applying for the first time.
- A non-remarried surviving spouse is eligible.
- The total amount of your credit depends on your percentage of service connected disability:
Disability Percentage | Maximum Reduction in Taxable Value* | Maximum Reduction in True and Full Value |
|---|---|---|
100% | $9,000 | $200,000 |
90% | $8,100 | $180,000 |
80% | $7,200 | $160,000 |
70% | $6,300 | $140,000 |
60% | $5,400 | $120,000 |
50% | $4,500 | $100,000 |
*Taxable value is 4.5% of the True and Full value.
Disabled Veteran's Credit Application and Brochure
View the Disabled Veteran's Tax Credit brochure.