If you are a veteran or a surviving spouse of a veteran, you may be entitled to valuable property tax exemptions that can significantly reduce your financial burden. Here's what you need to know:

Key Points to Remember:

• Exemptions for Seniors: Most states offer some form of property tax exemption for veterans who are 65 years or older.
• Full VA Disability Exemptions: Many states provide property tax exemptions for veterans with a 100% service-connected disability.
• State-Specific Rules: Each state has unique exemption rules, so it's crucial to understand the specific benefits available in your area.

Oregon's Property Tax Exemption for Disabled Veterans and Surviving Spouses

For Oregon residents, the state offers specific property tax exemptions designed to support disabled veterans and surviving spouses:

• $26,303 Exemption: Available to veterans with a certified disability rating of 40% or more, or surviving spouses of qualifying veterans. There may be an income limit depending on your circumstances.
• $31,565 Exemption: Offered to veterans with a 40% or higher service-connected disability or surviving spouses of veterans who died from a service-connected injury or illness.
• Additional Exemptions: Surviving spouses of Civil War or Spanish War veterans may receive an extra $2,000 exemption if they meet certain criteria.

How to Apply in Oregon

• File your exemption claim with the county assessor's office by April 1 preceding the tax year you’re claiming.
• If you acquire property between March 1 and July 1, file your claim within 30 days after acquisition.
• For late filing, claims may be accepted by May 1 with a $10 late fee under certain conditions.

Required Documentation

• For Veterans: Proof of honorable discharge (e.g., DD-214) and documentation showing your qualifying disability.
• For Surviving Spouses: Proof of marriage or domestic partnership, the veteran’s death certificate, and documentation confirming their military service.

Why It’s Important

Property tax exemptions can provide significant financial relief, especially for veterans facing medical challenges or limited income. Since exemptions vary by state, it’s vital to contact your local assessor’s office or visit official state websites for precise guidance.
For more information, visit Oregon Department of Revenue or contact their assistance hotline at 503-378-4988 or 800-356-4222.

Taking advantage of these benefits can help secure a more stable financial future for you and your family.