Claim is allowed for successive years without further filing as long as eligible.įorm: Homestead Tax Credit and Exemption (54-028) Persons in the military or nursing homes who do not occupy the home are also eligible.įiling Requirements: Claim must be filed on or before July 1. The current credit is equal to the actual tax levy on the first $4,850 of actual value.Įligibility: Must own and occupy the property as a homestead on July 1 of each year, declare residency in Iowa for income tax purposes and occupy the property for at least six months each year. A current Benefits Paid letter and a DD214 must be included with your application.įorm: Disabled Veteran's Homestead Credit (54-049)ĭescription: Originally adopted to encourage home ownership through property tax relief. The surviving spouse as a beneficiary of the estate of a veteran who received the credit may continue to receive the credit as long as the spouse resides in the qualified homestead and does not remarry.įiling Requirements: Claim must be filed on or before July 1. A surviving spouse of a disabled veteran receiving DIC payments also qualifies. Persons in the military or nursing homes who do not occupy the home are also eligible. ![]() The veteran must own and occupy the property as a homestead on July 1 of each year, declare residency in Iowa for income tax purposes and occupy the property for at least six months each year. Veterans also qualify who have a permanent and total disability rating based on individual unemployability paid at the 100% disability rate. The current credit is equal to 100% of the actual tax levy.Įligibility: Veterans with a permanent service-connected disability rating of 100% qualify for this credit. Description: Originally adopted to encourage home ownership for disabled veterans.
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