New York State Benefits
NYS Property Tax Exemption
NYS Veterans' Property Tax Exemption provides a partial exemption on real property taxes to veterans’ of defined periods of war, veterans who received expeditionary medals or certain family members, as allowed by law.
There are three levels of benefits, depending on whether the veteran served in combat and/or was disabled. Exemptions are also subject to dollar limitations, pursuant to state and local law.
Section 458 of the Real Property Tax Law provides a partial exemption on property owned by a veteran that has been purchased with pension, bonus, or insurance monies – referred to as “eligible funds”
Section 458-a of the Real Property Tax Law is available only for residential property of veterans who served during wartime or received an expeditionary medal – referred to as “alternative veterans’ exemption”
Section 458-b of the Real Property Tax Law is available only for residential property of veterans who served during the Cold War period – referred to as “Cold War exemption”
Who is eligible for the Property Tax Exemption?
To be eligible, an applicant must be one of the following:
- A qualified veteran
- The spouse of a qualified veteran (un-remarried surviving spouse)
What documentation is required to prove eligibility?
- A copy of a Certificate of Release or Discharge from Active Duty
- Copy of deed to home (title must be veterans’ or spouses name)
How do you apply?
An Application for Veterans Exemption from Real Property Taxation (Form RP-458) must be filed with the local assessor.
- Application Form
- Evidence of Military Service
(DD214/copy of a Certificate of Release or Discharge from Active Duty)
Are there deadlines for submitting applications?
Applications must be filed on or before taxable status date. Check with your assessor for exact date. The Exemption and Abatement Application for Owners must be received by March 15th for benefits beginning on July 1st of that same year.
For Additional Information:
1-888-838-7697
http://www.orps.state.ny.us
