If you are a veteran and totally disabled or are at least age 62 with a disability of at least 10%, you could qualify for this deduction if you meet the following requirements:
- Your assessed value does not exceed $113,000 (for the combined Real Estate and Personal Property values).
- Disability is evidenced by VA form 20-5455, Pension Certificate, Award of Compensation, or Letter of Disability.
- You served in the military for 90 days and received an honorable discharge.
The deduction is either the amount of your assessment or $12,480, whichever is less. Any amount remaining could be applied to personal property, mobile home and excise tax.
Application Form
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