• Disabled veterans may get tax break
    March 09,2013
     

    Attention, all veterans with service-connected disabilities. Did you know that if you are compensated by the Department of Veterans Affairs for service-connected disabilities at 50 percent or more, you could qualify for a property tax exemption up to $40,000 off your property evaluation? Or, if you are a survivor of a veteran who has passed on, you may also be eligible for this exemption.

    Vermont state law provides that: “Real and personal property to the extent of $10,000 of appraisal value” may be exempt from property tax for certain disabled veterans and their survivors. Most towns in Vermont have voluntarily raised the exemption to $40,000.

    If you are a disabled veteran, or the survivor of a veteran, and want to learn more, please contact the Vermont Office of Veterans Affairs in Montpelier for more information right away. You can reach us by phone at 888-666-9844 or by email to richard.reed@state.vt.us.

    Richard Reed

    Veteran services director

    Vermont Office of Veterans Affairs

    Montpelier

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