Military Service Property Tax Exemption
Up to $4,000 reduction in taxable value for honorably discharged veterans who served 18+ months.
State BenefitIowaTax Benefits
Verified September 30, 2026 against revenue.iowa.gov
At a glance
- Benefit type
- Tax Benefits — Iowa
- Who it's for
- Veterans, National Guard, Reservists
- VA rating needed
- No rating requirement
- Estimated value
- $4,000 off taxable value
- Where it applies
- Iowa
- Last verified
- September 30, 2026
What is Military Service Property Tax Exemption?
Military Service Property Tax Exemption is a Iowa tax benefits benefit for veterans, national guard, reservists. Up to $4,000 reduction in taxable value for honorably discharged veterans who served 18+ months. The listed value is $4,000 off taxable value.
Who qualifies
- Veterans
- National Guard
- Reservists
- Available to any veteran
- Honorable discharge required
- Iowa residency
Who is eligible
Eligibility
Iowa resident; honorably discharged veteran who served a minimum of 18 months active duty, OR served less than 18 months and was discharged due to a service-connected injury, OR a Reserve/National Guard member with 20+ years of service, OR a Reserve/Guard member who served 90+ days on federal active duty (not training). No disability rating required.
What Military Service Property Tax Exemption covers
Exemption
Reduces taxable value by $4,000 (per Iowa Code 426A.11, as amended for assessment years beginning on or after January 1, 2023). Savings vary by local tax levy.
How to apply for Military Service Property Tax Exemption
How to apply
File with your county Assessor's Office on or before July 1 using Form 54-146. Only needs to be filed once.
Verified information & sources
- Last verified
- September 30, 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.
How VetUnlock verifies benefitsFrequently asked questions about Military Service Property Tax Exemption
Who qualifies for Military Service Property Tax Exemption?
Military Service Property Tax Exemption is for Veterans, National Guard, Reservists; available to any veteran; iowa residency. See the eligibility details on this page and confirm with the official source before applying.
How much is Military Service Property Tax Exemption worth?
The listed value is $4,000 off taxable value. Amounts can change — confirm the current figure at the official source linked on this page.
How do I apply for Military Service Property Tax Exemption?
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 Military Service Property Tax Exemption?
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 Iowa Tax Benefits
- Military Retirement Pay State Income Tax Exemption~$1,140/year on $30,000 retirement pay (3.8% flat rate)100% of military retired pay is exempt from Iowa state income tax.
- Disabled Veteran Homestead Property Tax Credit100% property tax exemption100% exemption from property taxes on homestead for 100% permanently disabled veterans.