Property Tax Exemption for Disabled Veterans and Their Survivors - Vermont

Property Tax Exemption for Disabled Veterans and Their Survivors is a legal document that was released by the Vermont Department of Veterans Affairs - a government authority operating within Vermont.

FAQ

Q: Who is eligible for property tax exemption for disabled veterans and their survivors in Vermont?
A: Disabled veterans and their surviving spouses or children may be eligible.

Q: What is the purpose of this exemption?
A: The exemption aims to provide financial relief to disabled veterans and their survivors by exempting a portion of their property's assessed value from taxation.

Q: How much of the assessed value is exempted?
A: Qualifying disabled veterans may be eligible for a full exemption, while surviving spouses or children may be eligible for a partial exemption.

Q: What are the eligibility criteria for disabled veterans?
A: To be eligible, disabled veterans must have a 50% or higher service-connected disability rating.

Q: Are there any income limitations for eligibility?
A: Yes, there are income limitations that need to be met in order to qualify for the exemption.

Q: How can disabled veterans and their survivors apply for this property tax exemption?
A: They can apply at their local town or city assessor's office, providing the necessary documentation to prove their eligibility.

Q: Is this exemption available only for residential properties?
A: No, the exemption may apply to both residential and non-residential properties.

Q: Are there any deadlines to apply for this exemption?
A: Yes, the application needs to be submitted annually, typically by the end of April.

Q: Is the property tax exemption transferable?
A: No, the exemption is not transferable to another property or individual.