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Disabled South Dakota Veterans Can Get Property Tax Break

Veterans
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PIERRE, S.D. (AP) – Military veterans who are permanently and totally disabled because of service-related injuries have only a short time left to apply for a new South Dakota program that grants them a partial exemption on their property taxes.

The state Revenue Department reports that eligible veterans or the unmarried surviving spouses of eligible veterans must apply before Nov. 1 at county assessors’ offices.

The program exempts the first $100,000 of valuation of a disabled veteran’s property from taxes. The exemption applies to a house, garage and lot.

Because local government budgets and tax levies for property taxes payable in 2013 have already been set, veterans eligible for the program will first see a reduction in their property taxes payable in 2014.

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Copyright 2012 by The Associated Press. All rights reserved. Material may not be redistributed.

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