What is the amount of the partial Disabled Veteran's Exemption?
- Details
- Published on Monday, 15 October 2012 09:23
The exemption amount that a qualified disabled veteran receives depends on the veteran's disability rating from the branch of the armed service:
Disability Rating Exemption Amount:
- 10% to 29% = $5,000 from the property's value
- 30% to 49% = $7,500 from the property's value
- 50% to 69% = $10,000 from the property's value
- 70% to 100% = $12,000 from the property's value
The disabled veteran must be a Texas resident and must choose one property to receive the exemption for all property tax purposes.