A change in state
law that took effect this year could allow more disabled veterans to qualify
for a property tax deduction, and the Porter County Auditorís Office is
ready to assist.
Urbanik is announcing an initiative in response to changes in the tax
deduction for totally disabled veterans and veterans who are at least 62
with a partial disability.
ďDue to the new
criteria, disabled veterans who never qualified for this deduction before
might be eligible now,Ē Urbanik said. ďAnd some who used to have this
deduction but who lost it might qualify again.Ē
To obtain the
deduction, disabled veterans have to meet several criteria. One of those
criteria has been ownership of property with an assessed value of no more
than $143,160. However, a change in state law that took effect at the start
of this year increased that threshold to $175,000. The new AV limit will
apply to taxes payable in 2018.
Urbanik said that
the Auditorís Office has launched an in-house research project, delving into
several years of tax records to identify veterans who used to have the
deduction but then lost it when their assessed values increased over the
ďAs long as their
assessed value remains below $175,000 and they meet all other criteria,
these veterans should be able to receive this deduction again,Ē Urbanik
Office is also conducting additional research to identify veterans who never
qualified for this deduction because their assessed value was too high,
Urbanik added. Several outreach efforts are planned, including an
educational workshop during Money Smart Week in April.
application forms are available at the Auditorís Office and staff can assist
disabled veterans with the application process. The office also has a flier
available that explains the deductions available to disabled veterans. To
receive the deduction for taxes beginning next year, applications must be
completed by the end of the year and filed with the Auditorís Office.
information, contact the Auditorís Office at 465-3445 or visit the webpage