Disabled Veteran Homestead Property Tax Credit
100% exemption from property taxes on homestead for 100% permanently disabled veterans.
At a glance
- Benefit type
- Tax Benefits — Iowa
- Who it's for
- Veterans, Survivors
- VA rating needed
- 100% or higher
- Estimated value
- 100% property tax exemption
- Where it applies
- Iowa
- Last verified
- May 12, 2026
What is Disabled Veteran Homestead Property Tax Credit?
Disabled Veteran Homestead Property Tax Credit is a Iowa tax benefits benefit for veterans, survivors. 100% exemption from property taxes on homestead for 100% permanently disabled veterans. Requires 100%+ VA disability rating. The listed value is 100% property tax exemption.
Who qualifies
- Requires 100%+ VA disability rating
- Iowa residency
Who is eligible
Eligibility
Permanent 100% service-connected disability rating from the VA, OR permanent and total disability rating based on Individual Unemployability (IU) paid at the 100% rate, OR surviving spouse receiving Dependency and Indemnity Compensation (DIC). Must own and occupy the property as a homestead. Cannot receive this credit simultaneously with other military service-related property tax exemptions.
What Disabled Veteran Homestead Property Tax Credit covers
Covers
100% of annual property tax levy. Property size limits: up to 1/2 acre within city limits; up to 40 acres outside city limits (including house and outbuildings). No valuation cap in Iowa Code.
How to apply for Disabled Veteran Homestead Property Tax Credit
How to apply
File with your county Assessor on or before July 1. Requires DD-214 (or equivalent) and a current (within 12 months) VA Benefit Summary Letter stating service-connected disability rating (for IU claims, the letter must specify compensation at 100%). Reapplication not required annually; only notify the assessor if no longer qualifying.
Verified information & sources
Last verified: May 12, 2026
Official source: revenue.iowa.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.
Frequently asked questions about Disabled Veteran Homestead Property Tax Credit
Who qualifies for Disabled Veteran Homestead Property Tax Credit?▾
What VA disability rating do I need for Disabled Veteran Homestead Property Tax Credit?▾
How much is Disabled Veteran Homestead Property Tax Credit worth?▾
How do I apply for Disabled Veteran Homestead Property Tax Credit?▾
Where can I verify Disabled Veteran Homestead Property Tax Credit?▾
Other Iowa Tax Benefits
Military Service Property Tax Exemption
Up to $4,000 reduction in taxable value for honorably discharged veterans who served 18+ months.
$4,000 off taxable value
Military Retirement Pay State Income Tax Exemption
100% of military retired pay is exempt from Iowa state income tax.
~$1,140/year on $30,000 retirement pay (3.8% flat rate)
See every benefit you qualify for in Iowa
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