Honorably discharged Veterans, regardless of income, who have a total (100%) disability rating, or a total (100%) disability rating for compensation based on individual unemployability, for a service-connected disability or combination of service-connected disabilities from the Department of Veterans Affairs qualify for a higher benefit under the Homestead Exemption.
Senate Bill 10, passed by the General Assembly in December 2015, allows the Veterans described above to shield up to $50,000 of the market value of their home from taxation. The savings averages around $850 per year.
A disabled Veteran submitting an application under this statute must fill out Form DTE 105I and provide a letter or other written confirmation from the U.S. Department of Veterans Affairs showing that they meet the requirements. The form is available to download under Application Forms on the left side of this page.