2023 Disabled Veteran Property Tax Exemption

veteran tax exemptions

Standard Homestead Exemption for Veterans with Disabilities (SHEVD)

PLEASE NOTE, THIS IS A RENEWAL APPLICATION NOT A FIRST-TIME APPLICANT.

This exemption provides a reduction in equalized assessed value (outlined below) of a primary residence occupied by a veteran with a disability, or the veteran’s surviving spouse. This exemption can be claimed in addition to the General Homestead Exemption and the Senior Homestead Exemption. However, it cannot be claimed in addition to the Disabled Veterans Exemption (especially adaptive housing) of $100,000, or the Homestead Exemption for Persons with Disabilities.

 

  • A disabled veteran with a 70% or higher service-connected disability will be tax-exempt.
  • A disabled veteran with at least 50%, but less than 70% service-connected disability will receive a $5,000 reduction in the property’s EAV.
  • A disabled veteran with at least 30%, but less than 50% service-connected disability will receive a $2,500 reduction in the property’s EAV.
  • Beginning in 2023 (payable in 2024)The Public Act 102-0895 includes an end to annual reapplications for SHEVD for veterans with a combined service-connected disability rating of 100% and is deemed to be permanently and totally disabled, as certified by the United States Department of Veteran Affairs.

If you are a first time applicant, you must submit your application through the Lake County Assessment Office.

Latest News

mundelein-veterans-dinner

Mundelein After School

Mundelein After School Coalition Veterans Dinner A Smash! Sponsored by the Mundelein Police Department and the Mundelein After School Coalition (MASC), the annual appreciation dinner

Read More »
veteran benefits-website

New Lake County Veterans website

New Lake County Veterans website includes a New Benefit Service Capability Lake County Veterans and Family Services Foundation just introduced its new website www.lcvetsfoundation.org and

Read More »

Veterans Crisis Hotline

New 988 Veterans Crisis Hotline VA announced veterans now have the option to Dial 988 then Press 1 to connect with caring, qualified responders for

Read More »
veteran ruck22-ruck-march

Ruckup22 Ruck March

“Ruckup22” draws live and virtual marchers to raise awareness for service member suicides The “weather gods” cooperated on Saturday morning, September 17, as 32 marchers

Read More »