Tax Benefit for Minnesota Veterans

Week of August 25, 2008

Disabled veterans in Minnesota have a few extra weeks to apply for a property tax benefit allowing them full or partial exclusion for their homestead. The deadline has been extended to Sept. 1, 2008. To qualify for the tax exclusion, veterans must have a service-related disability rating of 70 to 100 as defined by the U.S. Department of Veterans Affairs (VA). The program provides an annual market value exclusion of up to $300,000 on homestead property. For more information and forms, visit the Minnesota Department of Revenue website at www.taxes.state.mn.us.

To learn more about your state's benefits, visit the Military.com State Veteran's Benefits Directory.