Standard Homestead Exemption for Veterans with Disabilities
Who qualifies
- VA disability
- At least 30% service-connected disability
- Ownership
- Own and occupy the principal residence (single-family residence); qualifying surviving spouse eligible.
- Residency
- Veteran with a service-connected disability of at least 30% who owns and occupies the property as a principal residence and is liable for taxes; surviving spouse may continue or transfer the exemption.
Disability tiers
| Disability rating | Benefit |
|---|---|
| 30–49% | $2,500 off assessed value |
| 50–69% | $5,000 off assessed value |
| 70%+ | Full exemption of covered value |
How much it saves
No dollar estimate. This exemption's amount isn't available.
How to apply
- Application required: Yes
- Deadline: Annual application (Form PTAX-342) filed with the Chief County Assessment Office; annual re-application by July 1.
- Renewal: annual — Annual re-verification (Form PTAX-342-R); must be filed by July 1 each year.
Combining with other exemptions
Cannot be combined with the Persons with Disabilities Homestead (15-168) or the Veterans-with-Disabilities Specially-Adapted Housing exemption (15-165) on the same property; may combine with the General Homestead Exemption.
Official sources:
Amount cross-checked against a second official artifact: ilga.gov/legislation/ilcs/fulltext.asp.
Informational only — not legal or tax advice. Exemption rules and amounts are summarized from official statutes and state tax-agency sources as of each program's verified date and can change by legislative session. Dollar figures are estimates derived from Census ACS county tax data, not actual bills. Confirm your eligibility and current amounts with your county assessor before relying on anything here.