Benefits You Should Know: Property Tax Relief
Some Minnesota disabled Veterans and surviving spouses may qualify for property tax relief through the Market Value Exclusion for Veterans with a Disability.
This benefit may reduce the taxable market value of a qualifying homestead.
A few major points:
• Veterans with a 70% or greater service-connected disability may qualify for up to a $150,000 exclusion
• Veterans rated 100% permanent and total may qualify for up to a $300,000 exclusion
• Some surviving spouses and caregivers may also qualify
• The program is administered through counties
Eligibility rules apply. Contact your County Veterans Service Officer, county assessor, MDVA, or DAV Minnesota if you need help knowing where to start.
Learn more from Minnesota Revenue: https://www.revenue.state.mn.us/market-value-exclusion…
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