Real Estate Tax Relief

Tax Relief for the Elderly

How to qualify for the Real Estate Tax Relief:

1. You must be 65 years old or totally & permanently disabled as of Jan. 1 of assessing year
2. The gross household income cannot exceed $24,000 from all sources
3. Net financial worth cannot exceed $50,000
4. Application due date is May 1 of assessing year

When applying for real estate tax, applicants must supply the following for everyone living in the household. Applicants must reapply each year:

1. SSA/SSI 1099 for previous tax year/ any other proof of household income
2. All bank account statements from December of the previous tax year
3. (If applicable): IRA/Pension/Retirement statements from December of the previous tax year
4. (If applicable): Copy of any cash value life insurance policies
5. For first time applicants only: If applicant is under 65, the office will need a copy of the disability paperwork that states they are permanently and totally disabled

Real Estate Tax Relief application

Disabled Veterans Real Estate Tax Relief

For tax years beginning on or after January 1, 2011, pursuant to Article X, Section 6-A of the Constitution of Virginia, exempts from taxation the real property of any Veteran who has a 100% service connected, permanent and total disability.  The full code is available from the Virginia Department of Taxation website.

This exemption would apply to the real property occupied by the Veteran as the primary place of residence.  This would apply to the qualifying dwelling and up to one acre of land, upon which it is situated.

When applying for the real estate tax exemption the Veteran should bring the following:

1. Approved and original letter of disability issued by the U. S. Department of Veterans Affairs
2. Photo Identification
3. Voters registration card for the proof of occupancy
4. If Veteran has mortgage that includes escrow, the office will need the financial institutions name, account/loan #, and the institutions fax#

Tax Relief Application for Disabled Veterans