Property Tax Exemption (30-49% Disabled)
$2,500 reduction in Equalized Assessed Value for veterans with 30-49% disability rating.
State BenefitIllinoisTax Benefits
Verified May 12, 2026 against tax.illinois.gov
At a glance
- Benefit type
- Tax Benefits — Illinois
- Who it's for
- Veterans, National Guard, Reservists, Survivors
- VA rating needed
- 30% or higher
- Estimated value
- $2,500 off assessed value
- Where it applies
- Illinois
- Last verified
- May 12, 2026
What is Property Tax Exemption (30-49% Disabled)?
Property Tax Exemption (30-49% Disabled) is a Illinois tax benefits benefit for veterans, national guard, reservists, survivors. $2,500 reduction in Equalized Assessed Value for veterans with 30-49% disability rating. Requires 30%+ VA disability rating. The listed value is $2,500 off assessed value.
Who qualifies
- Veterans
- National Guard
- Reservists
- Survivors
- Requires 30%+ VA disability rating
- Illinois residency
What Property Tax Exemption (30-49% Disabled) covers
Overview
Eligibility (per 35 ILCS 200/15-169): Illinois resident veteran with a USDVA-certified service-connected disability of at least 30% but less than 50%; must own or lease and occupy a single-family residence as primary residence and be liable for payment of property taxes. Any portion of the property used for commercial purposes is excluded (for tax year 2023 and later, the former $250,000 total-EAV limit on the residence no longer applies).
Exemption
$2,500 annual reduction in Equalized Assessed Value (EAV).
Filing
Form PTAX-342 must be filed each year by July 1 with your Chief County Assessment Office.
Surviving spouses
Un-remarried surviving spouses of qualifying deceased veterans may continue or transfer the exemption.
Verified information & sources
- Last verified
- May 12, 2026
- Official source
- tax.illinois.gov
Compiled and fact-checked against the official source linked above. Benefit rules and dollar amounts change over time — always confirm current details at the official source before applying. A county Veterans Service Officer (VSO) is a free, accredited advocate who can review your eligibility and help you file at no cost.
How VetUnlock verifies benefitsFrequently asked questions about Property Tax Exemption (30-49% Disabled)
Who qualifies for Property Tax Exemption (30-49% Disabled)?
Property Tax Exemption (30-49% Disabled) is for Veterans, National Guard, Reservists, Survivors; requires 30%+ VA disability rating; illinois residency. See the eligibility details on this page and confirm with the official source before applying.
What VA disability rating do I need for Property Tax Exemption (30-49% Disabled)?
Requires 30%+ VA disability rating.
How much is Property Tax Exemption (30-49% Disabled) worth?
The listed value is $2,500 off assessed value. Amounts can change — confirm the current figure at the official source linked on this page.
How do I apply for Property Tax Exemption (30-49% Disabled)?
Apply through the official source linked on this page. A county Veterans Service Officer (VSO) can review your eligibility and help you file at no cost.
Where can I verify Property Tax Exemption (30-49% Disabled)?
Benefit rules and dollar amounts change, so always confirm current details at the official source linked on this page. A free, accredited county or state Veterans Service Officer (VSO) can also verify your eligibility and help you apply.
Other Illinois Tax Benefits
- Returning Veterans' Homestead Exemption$5,000 off assessed value for 2 years$5,000 reduction in Equalized Assessed Value for two years for veterans returning from active duty in armed conflict.
- Property Tax Exemption (50-69% Disabled)$5,000 off assessed value$5,000 reduction in Equalized Assessed Value for veterans with 50-69% disability rating.
- Property Tax Exemption (70%+ Disabled)First $250,000 of EAV exempt (full exemption for most homes)For veterans with 70%+ service-connected disability, the first $250,000 of Equalized Assessed Value of the residential property is exempt from property taxation.