Illinois Homestead Exemption For Veterans In King

State:
Multi-State
County:
King
Control #:
US-0032LTR
Format:
Word; 
Rich Text
Instant download

Description

The Illinois homestead exemption for veterans in King offers property tax relief to qualified veterans who own residential property. It allows eligible veterans to exempt a portion of their home's assessed value, thereby reducing their overall tax liability. The form specific to this exemption must be completed accurately to ensure proper processing. Key features of the form include a section for veterans to provide proof of their service, as well as information about their property and its current value. Attorneys and paralegals can utilize this form when assisting veteran clients in accessing their tax benefits, ensuring they have the necessary documentation. Owners and associates may also find this exemption beneficial as it can significantly lower annual tax payments, while legal assistants can support in the preparation and filing of the necessary paperwork. Properly filling out this form can aid in the timely approval of the exemption, benefiting the veteran community by easing financial burdens associated with property taxes.

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FAQ

You must apply for the exemption with the County Assessment Office. You can get an application here General Homestead Exemption Form or you can call 630-208-3818 and one will be mailed to you.

You May be Eligible for Real Estate Tax Relief if you Qualify: Tax Relief for Seniors and People with Disabilities. Disabled Veterans or Surviving Spouse Exemption. Exemption for Surviving Spouse of a Member of the U.S. Armed Forces Killed in Action.

An exemption or deferral enacted pursuant to § 58.1-3210 or 58.1-3211.1 may be granted for any year following the date that the qualifying individual occupying such dwelling and owning title or partial title thereto reaches the age of 65 years or for any year following the date the disability occurred.

You qualify for this 100% homestead exemption if you meet these requirements: You own a home and occupy it as your residence homestead. You are receiving 100% disability compensation from the US Department of Veterans Affairs for a service-connected disability.

An Illinois veteran or their spouse should contact their local Veteran Service Officer for information to apply for the specially-adapted housing property tax and mobile home tax exemption benefits.

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Illinois Homestead Exemption For Veterans In King