|
Military Tax Credit
(Chapter 427, Code of Iowa) |
| A property owner who is a
resident of the State of Iowa, was involved in full-time active duty
during a war or conflict and was honorably discharged qualifies for a
Military Tax Exemption. Applications for this credit must be filed
with the Assessor on or before July 1 of the year the exemption is first
claimed. The exemption is applied for only once and remains in
effect until the property owner is no longer eligible.
A property owner who qualifies for and wishes to
receive a military must make application with the Assessor.
Discharge papers (DD214) of the property owner must also be
recorded in the appropriate county.
The military exemption reduces the taxable value of
property as follows:
x |
| War/Conflict: |
Service
Must Have Been
Between These Dates: |
Amount
of Exemption: |
| World War I |
April 6,
1917 to
November 11, 1918 |
$2278.00 |
| World War II |
December 7,
1941 to
December 31, 1946 |
$1,852.00 |
| Merchant
Marines |
December 7,
1941 to
August 15, 1945 |
$1,852.00 |
| Korean
Conflict |
June 27,
1950 to
January 31, 1955 |
$1,852.00 |
| Viet Nam
Conflict |
December 22,
1961 to
May 7, 1975 |
$1,852.00 |
| Persian Gulf
War |
Began August
2, 1990 |
$1,852.00 |
|
|
|
| For additional
information or to find out if a war or conflict not listed here
qualifies, contact the Assessor's Office. |
|
|
|
|
