Military Service Property Tax Exemption
- Who qualifies
- Iowa residents domiciled in the state who own the property on July 1. Main service routes include discharge under honorable conditions after at least 18 months of service, an earlier honorable discharge because of a service-related injury, or service during the Persian Gulf period beginning August 2, 1990. Reserve or Iowa National Guard members may qualify through 20 years of service, 90 days of federal active duty other than training followed by discharge under honorable conditions, or Title 10 retirement. A spouse living with the veteran, or an unmarried surviving spouse who lived with the veteran at death, can claim an unused exemption.
- What you get
- Reduces taxable property value by up to $4,000 for assessment years beginning January 1, 2023 and later, including 2026. Only one exemption may be claimed in a veteran's name.
- How to apply
- File with your local assessor by July 1 of the first claim year. Record proof of property ownership and military service with the county recorder. Once approved, the exemption continues without annual filing while you qualify; refile when changing the designated property.
Official page (opens in a new tab) Iowa Code 426A.11 to 426A.13; 35.1(2)(a) and (b)
Sources (2)
- Iowa Code 426A.11 to 426A.13 (opens in a new tab), Iowa Legislature
- Iowa Code 35.1 (opens in a new tab), Iowa Legislature