Monday, March 8, 2010

Veterans Exemptions

This is an example of what I am going to make known and understood by each taxpayer as it applies.

TOTALLY DISABLED VETERANS’ EXEMPTION: If you are a veteran who is rated 100% disabled, blind, or a paraplegic due to a service connected disability while in the armed forces (or if you are the unmarried widow of such a veteran), you may be eligible for an exemption of up to $100,000 or $150,000 (adjusted annually for inflation since January 1, 2006) of the assessed value of your home.


The filing period for Veterans’ and Disabled Veterans’ Exemptions is on or before February 15 for full exemption. A partial exemption may be available for a claim filed after February 15. An annual filing is needed for the higher exemption amount which is based on the claimant’s annual income. The lower exemption amount generally only requires a one time filing. The filing period for supplemental assessment due to change in ownership, is within 30 days from the date of the Supplemental Notice for full exemption amount.


NOTE: A property owner may NOT have more than one exemption, such as the Homeowners’, Veterans’, or a Disabled Veterans’ exemption on the same property. Applications and additional information may be obtained at the Assessor’s Office.


Ron Largent for Shasta County Assessor-Recorder www.largent2010.com

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