Veterans Exemption

The Alternative Veterans exemption will be applied to School Taxes previously due effective July 1, 2017 and will be reflected for all current recipients by January 1, 2018.

This program provides a property-tax exemption to qualifying veterans, the spouse or un-remarried widow/widower of a veteran, or a Gold Star parent (the parent of a child who died in line of duty). Veterans are former members of the United States armed forces or the Merchant Marines (during World War II) called to active duty during a period of conflict or who are recipients of expeditionary medals.

Note for reservists: Veterans who served as a reservist in any branch of the U.S. armed forces must be able to document having been called to serve significant, full-time active duty during one of the conflicts below:

Requirements:

1.  The veteran must have served in the U.S. armed forces during one of the following conflicts only:

From To
Persian Gulf Conflict (includes the
Afghanistan and Iraq Conflicts)
beginning August 2, 1990 Present
Vietnam War February 28, 1961 May 7, 1975
Korean War June 27, 1950 January 31, 1955
World War II December 7, 1941 December 31, 1946
World War I April 6, 1917 November 11, 1918

2.  The property must be the primary residence of the owner who qualifies for the
     Veteran Exemption.
 
3.  The applicant must submit a copy of the DD-214 or separation papers for each veteran.

Exemption Rates for Eligible Veterans:

Requirements for
Eligible Veterans
 Percentage Assessed
Value Reduction
Maximum Exemption Amount
Served during a
specified period of conflict
(listed above)
15% Maximum of
$4,140 for Class 1;            
$24,300 for Classes 2 and 4
Served in a combat zone* Additional 10% Maximum of
$2,760 for Class 1;              
$16,200 for Classes 2 and 4
Disabled** Assessed value
multiplied by 50%
of the veteran’s
disability rating
Maximum of
$13,800 for Class 1;
$81,000 for Classes 2 and 4

*Combat zone refers to a location of active combat, such as Vietnam during the Vietnam War.

** If the veteran is or was designated disabled by the Veterans’ Administration, you may be eligible for a disabled veteran exemption. Submit a copy of a Veterans Administration letter for the veteran that indicates the disability rating. You can obtain your disability rating from the US Department of Veterans Affairs by calling 1-800-827-1000.

Deadlines

For benefits to begin on July 1 of the year that you apply; The Homeowner Tax Benefits Application, including all required documents, must be postmarked by March 15. If March 15 falls on a weekend, then the deadline will be the next business day.

Note: Property owners receiving the Veteran’s Exemption who move mid-year to another property in NYC will receive a pro-rated exemption so they do not have to wait until the next tax year to receive the benefit.


Note for Property Owners: You may also be eligible to receive the following exemptions: Clergy, Disabled Homeowner and Senior Citizen Homeowner. Read More


Need Help? Contact 311 or  Email Us.