The Returning Veterans Homestead Exemption provides a 1-year $5,000 annual reduction in a property’s equalized assessed value (EAV) to qualifying veterans who return from active duty in armed conflict involving the armed forces of the United States.

To receive this exemption, the veteran must file an application for the year in which they return. Example: return in 2020, $5,000 reduction for tax year 2020, paid in 2021.

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