Renewal Applications Mailed for Disabled Veterans and Disabled Persons Exemptions

Wednesday, February 13, 2019

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CHICAGO – Cook County Assessor Fritz Kaegi announced that his office has mailed thousands of renewal applications for the disabled persons and disabled veterans exemptions.

These two exemptions were designed to provide additional property tax relief to veterans with service connected disabilities and non-veterans with disabilities. The application deadlines are March 6, 2019.

The Disabled Veterans Exemption reduces the Equalized Assessed Value (EAV) on which property taxes are computed. Recent changes in the law expanded eligibility and increased exemption amounts.

“The disabled veterans exemption is a way in which we can recognize the extraordinary sacrifices made by our nation’s veterans,” Assessor Kaegi said. “Veterans injured in the line of duty can take advantage of this exemption and get assistance from our office to learn more about the application and eligibility.” 

To qualify for the disabled veterans exemption (for the previous tax year 2018) taxpayers must:

  • be an Illinois resident who served as a member of the United States Armed Forces on active duty or state active duty, a member of the Illinois National Guard or U.S. Reserve Forces and have been honorably discharged
  • own and occupy the property as the primary residence in 2018
  • have a primary residence with an EAV of less than $250,000, excluding the EAV of property used for commercial purposes or rented for more than six month and
  • have at least a 30% service-connected disability certified by the U.S. Department of Veterans Affairs.

The chart below shows exemption amounts, based on percentage of disability, between the prior law and the current law.

              Taxable Years

Percentage of Disability

Exemption Amount*

 

 

 

        2011-2014 (Tax Years)

70% and greater

$5,000

 

 

50-69%

$2, 500

 

       

      2015 and thereafter (Tax Years)

30%-49%

$2,500

 

 

50%-69%

$5,000

 

 

70% and greater

Not required to Pay Taxes

 

               

Applicants must provide a disability certification letter from the U.S. Department of Veterans Affairs as well as Form DD 214 or a Certification of Military Service Form.

Disabled Veterans Exemption applications may also be downloaded from the Assessor’s website using the following link: https://prodassets.cookcountyassessor.com/s3fs-public/news/DisabledVeteransEx.pdf

The Disabled Persons Exemption provides disabled persons with an annual $2000 reduction in the EAV of the property. 

To qualify for the Disabled Persons Exemption this year (tax year 2018) taxpayers must be:

  • disabled or become disabled during 2018
  • own or have a legal or equitable interest in the property or a leasehold interest in a single-family residence,
  • occupy the property as the principal residence on January 1, 2018, and
  • be liable for payment of property taxes.

 

If a person’s home previously received the exemption and he or she now resides in a facility licensed under the Nursing Home Care Act, his or her home is still eligible to receive the exemption provided the property is occupied by that person’s spouse, or the property remains unoccupied.

To download a form, taxpayers can follow this link to the application.

https://prodassets.cookcountyassessor.com/s3fs-public/news/DisabledPersonsEx.pdf

"Our office will work throughout the year to reach Cook County taxpayers through our community outreach programs to make them aware of exemptions our office administers and also help them with the application process,” Assessor Kaegi said. “We want to ensure that no taxpayer pays more than his or her fair share of property taxes.”