Standard Homestead Exemption
Veterans age 65 or older or permanently disabled with income under $41,000 can shield up to $29,000 of their home value from property taxes.
About
The Standard Homestead Exemption reduces the taxable value of a qualifying veteran's primary residence by up to $29,000. This benefit is available to veterans who are age 65 or older, or who are permanently and totally disabled, provided their modified adjusted gross income is under $41,000. This exemption can save homeowners several hundred dollars per year depending on the local tax rate.
Eligibility
Must be age 65 or older, or permanently and totally disabled. Modified adjusted gross income must be under $41,000. Must own and occupy the home as a primary residence.
How to Access
File Form DTE 105A at your county auditor's office by the first Monday in June. Provide proof of age or disability, income documentation, and property ownership records. The exemption continues as long as you meet eligibility requirements.