Disabled Veterans Now Eligible for Homestead Tax Exemption in 2022
As of January 1, 2022, veterans who receive 100% disability compensation are eligible for a new homestead tax exemption. What is a homestead exemption? Homestead exemptions remove part of your home’s value from taxation, so they lower your taxes. For example, your home is appraised at $100,000, and you qualify for a $25,000 exemption (this is the amount mandated for […]