Gainesville Daily Register

Local News

February 13, 2013

Disabled veterans could qualify for property tax exemptions

Cooke County — The Cooke County Appraisal District recently announced that veterans with a service-connected disability may be able to file an exemption form to have their 2013 property taxes lowered.

Some veterans may even qualify for a 100 percent exemption of their taxes under the law, a press release stated.

The law provides partial exemptions for any property owned by veterans who are disabled, spouses and survivors of deceased disabled veterans and spouses and survivors of military personnel who died on active duty. The amount of exemption is determined according to percentage of service-connected disability.

A veteran’s percentage of service-connected disability determines the amount of the exemption — from a $5,000 to a $12,000 deduction from the veteran's property value.

Any eligible person who has not received this exemption should apply before April 30, 2013. An applicant may claim the exemption on only one piece of property, such as a home or any other property the applicant owned on Jan. 1, 2013. The applicant must also be a Texas resident to qualify.

A disabled veteran who receives 100 percent disability compensation due to a service-connected disability and a rating of 100 percent disabled or of individual unemployability from the United States Department of Veterans Affairs or its successor is entitled to an exemption from taxation of the appraised value of the veteran’s residence homestead. Beginning this year, this benefit has been extended to the surviving spouse upon the veteran's death with certain restrictions. The residence homestead application must be filed if this exemption is claimed.

For more information about the property tax exemption for disabled veterans or to file an exemption, contact the Cooke County Appraisal District at 665-7651.

Information is also available from the state Comptroller’s Property Tax Assistance Division at 1-800-252-9121or at the Comptroller’s website at www.window.state.tx.us/taxinfo/proptax/.

Text Only
Local News
Featured Ads
Poll

What are your plans for this summer's travel season?

An all-out family vacation to a distant destination
A brief trip close to home
Day exercusions to see hometown sites
I have no plans for a summer vacation trip
     View Results
Facebook
Twitter Feed
Follow us on twitter
Follow me on Twitter
AP Video
Raw: Trucker Bumps I-5 Bridge Before Collapse Raw: Texas Deputy Shot by Colo. Suspect Honored Major Detours Following Wash. Bridge Collapse American Held in Grisly Czech Murders Raw: Jersey Shore Reopens for Summer UK-bound Pakistan Plane Diverted, 2 Men Arrested Officials: Tsarnaev Friend Linked to Slaying Obama:Sexual Assault Threatens Trust in Military Bridge Collapse Survivor: 'Rough Day' Jersey Shore Open for Business Raw: Memorial Day Flags Placed at Arlington New Wheelchair Lift Promises More Access First Person: Mom Discusses Famous Tornado Photo Raw Video: Washington State Bridge Collapse Boy Scouts Approve Plan to Accept Gay Boys
Hyperlocal Search
Premier Guide
Find a business

Walking Fingers
Maps, Menus, Store hours, Coupons, and more...
Premier Guide