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  • Military Pay Charts
    2017 Military Pay Charts
    Military.com
    Check out the 2017 US military pay scale charts for all ranks for active duty, as well as Reserve and Guard components.
  • Department of Veterans Affairs
    2017 VA Disability Compensation Rates
    Military.com
    The following tables show the current VA compensation rates for veterans with a disability rating 10 percent or higher.
  • Airman helping service member with paperwork
    Proposed Military Pay Charts for 2018
    Military.com
    Despite that fact that the White House and Senate are looking at a potential 2.1% pay raise for 2018, the House Armed Services ...
  • The VA medical center in Washington, D.C., is under investigation after a veteran was found dead in his vehicle parked at the facility in May 2017. Washington DC VA Medical Center/Facebook
    Veteran Disability Compensation
    Military.com
    Veterans with a service-related disability may qualify for over $3,300 in monthly benefits.
  • us map with state abbreviations
    State Veteran's Benefits
    Military.com
    Every state and territory offers benefits for veterans and their families. See our details, updated for 2016!

Tax Relief in Vets in Illinois

A new law in Illinois is increasing relief of property tax for disabled Illinois military veterans. The law expands eligibility for the Disabled Veterans' Standard Homestead Exemption for United States Department of Veterans Affairs certified service-connected disabilities of 30 percent or more. Under the new law, veterans with disabilities between 30 to 49 percent will be entitled to a $2,500 annual exemption; those with disabilities between 50 and 69 percent will be eligible for a $5,000 annual exemption; and those who are 70 percent disabled or more will be exempt from paying property taxes. Disabled veterans will see these savings when they pay their property taxes in 2016. For more information, visit the Illinois Revenue Property Tax--Exemptions webpage at http://tax.illinois.gov/LocalGovernment/PropertyTax/taxrelief.htm in the Disabled Veterans' Standard Homestead Exemption section.

For more on veteran benefits, visit the Military.com Benefits Center. For more tax season tips, visit the Military.com Tax section.

Related Topics

Veteran Benefits Military Taxes Tax Preparation