100% Disabled Veteran Property Tax Exemption
Complete exemption from all property taxes on primary residence for 100% P&T disabled veterans.
Apply now
Apply directly through the official New Mexico agency.
About this benefit
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.
Covers
Complete exemption from all property taxes on primary residence, plus exemption from any special benefit assessments.
How to apply
NM DVS, 407 Galisteo St, Rm 134, Santa Fe, NM 87501. Requires VA award letter, DD-214, proof of residency.
Verified against official source
Last checked 2026-05-05 against www.dvs.nm.gov. Always confirm current rates and rules with the New Mexico state agency before applying.
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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