Property Tax – Veteran Exemption

If you are a veteran, you may be eligible for a property tax exemptions.

According to the State of Maine website (April 2011), a veteran who served during a recognized war period and is 62 years or older; or, is receiving 100% disability as a veteran; or, became 100% disabled while serving, is eligible for $6,000.

If you are eligible for a veteran exemption on your property taxes, you must complete the form and file it by April 1 of the year with the town assessor. Forms filed after April 1 of any year will apply to the subsequent year tax assessment.

Partial exemptions, such as the veteran exemption, must be adjusted by the municipality’s certified assessment ratio. The exemption requires completion of the application to the local town office where the property is located. Exemption claims may require additional information to support the claim for exemption, and must be delivered to the Assessor’s office no later than April 1 for the previous year’s tax assessment.

To see if you qualify for an exemption, click on the following link to access a flow chart from the State of Maine:

http://www.state.me.us/revenue/propertytax/sidebar/vetflowchart.pdf

If you qualify, you will need to download a copy of the exemption form to apply for the exemption.

http://www.state.me.us/revenue/forms/property/apps/veteranapp.pdf

Paraplegic Veteran – According to the State of Maine website, a veteran who received a federal grant for a specially adapted housing unit may receive $50,000.

Click on the following link to download a copy of the exemption form:

http://www.state.me.us/revenue/forms/property/apps/veteranapp.pdf