Disabled Veteran Homestead Property Tax Credit
Who qualifies
- Income
- No income limit.
- VA disability
- At least 100% service-connected disability
- Ownership
- Owner-occupied homestead of a qualifying veteran, or of a qualifying surviving spouse/child.
- Residency
- Must qualify for the Iowa homestead tax exemption/credit (own and occupy an Iowa homestead).
How much it saves
Worked example — a $300,000 home at Iowa's median effective rate (~1.34%):
Your county's rate differs — use the calculator for a figure tuned to where you live.
How to apply
- Application required: Yes
- Deadline: July 1 annually (Form 54-049, filed with the homestead exemption Form 54-028).
- Renewal: automatic — Once allowed, continues without refiling while eligibility continues; a surviving spouse may continue the credit until remarriage or change of homestead.
Combining with other exemptions
An owner who elects this credit is not eligible for any other real property tax exemption provided by law for veterans of military service (Iowa Code 425.15(3)).
Amount cross-checked against a second official artifact: legis.iowa.gov/docs/ico/chapter/425.pdf.
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.