Veteran’s Exemption

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

Requirements:

  1. The veteran must have served in the armed forces during one of the following conflicts only:
     
    • Persian Gulf Conflict which includes the Afghanistan and Iraq Conflicts
      (beginning August 2, 1990)
       
    • Vietnam War (February 28, 1961 to May 7, 1975) 
       
    • Korean War (June 27, 1950 to January 31, 1955)
       
    • World War II (December 7, 1941 to December 31, 1946) 
       
    • World War I (April 6, 1917 to 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
(see list 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 Exemption Application for Homeowners, 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.

Forms and Reports
Forms 



Note for Property Owners:
You may also be eligible to receive the following exemptions: Basic or Enhanced School Tax Relief (STAR), Clergy, Disabled Homeowner and Senior Citizen Homeowner.

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