100% Disabled Veteran Property Tax Exemption
Complete exemption from all property taxes on primary residence for 100% P&T disabled veterans.
At a glance
- Benefit type
- Tax Benefits — New Mexico
- Who it's for
- Veterans, Survivors
- VA rating needed
- 100% or higher
- Estimated value
- $2,000-$4,000+/year on a $250,000 home
- Where it applies
- New Mexico
- Last verified
- May 12, 2026
What is 100% Disabled Veteran Property Tax Exemption?
100% Disabled Veteran Property Tax Exemption is a New Mexico tax benefits benefit for veterans, survivors. Complete exemption from all property taxes on primary residence for 100% P&T disabled veterans. Requires 100%+ VA disability rating. The listed value is $2,000-$4,000+/year on a $250,000 home.
Who qualifies
- Requires 100%+ VA disability rating
- Honorable discharge required
- New Mexico residency
Who is eligible
Eligibility
100% total and permanent service-connected disability rating from the VA; honorable discharge; New Mexico resident; property must be the veteran's principal residence. Surviving spouses also qualify if they were married at the time of the veteran's death and continue to occupy the property as their principal residence.
What 100% Disabled Veteran Property Tax Exemption covers
Covers
Complete exemption from all property taxes on primary residence (up to 5 acres of land), plus exemption from any special benefit assessments.
How to apply for 100% Disabled Veteran Property Tax Exemption
How to apply
NM DVS, 407 Galisteo St, Rm 134, Santa Fe, NM 87501. Requires VA award letter, DD-214, proof of residency.
Verified information & sources
Last verified: May 12, 2026
Official source: dvs.nm.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 100% Disabled Veteran Property Tax Exemption
Who qualifies for 100% Disabled Veteran Property Tax Exemption?▾
What VA disability rating do I need for 100% Disabled Veteran Property Tax Exemption?▾
How much is 100% Disabled Veteran Property Tax Exemption worth?▾
How do I apply for 100% Disabled Veteran Property Tax Exemption?▾
Where can I verify 100% Disabled Veteran Property Tax Exemption?▾
Other New Mexico Tax Benefits
Veteran Property Tax Exemption
$10,000 reduction from taxable property value for all honorably discharged veterans.
$100-$200/year
Military Retirement Pay Income Tax Exemption
First $30,000 of military retirement pay exempt from NM state income tax.
Approximately $1,500-$1,800/year
Military Disability Retirement Pay Exclusion
Military disability retirement pay is excluded from NM state taxable income.
Proportional Disabled Veteran Property Tax Exemption
Property tax reduction proportional to VA disability percentage for all disabled veterans. Effective 2026.
Proportional to disability rating; potentially thousands/year
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