*Military Exemption Credit


Iowa residents who meet one of the following service requirements are eligible for the exemption:

  • Honorably discharged veteran who served for a minimum aggregate of eighteen months.
  • Honorably discharged veteran who served fewer than eighteen months because of a service related injury.
  • Honorably discharged former member of Reserve Forces or Iowa National Guard who served at least 20 years.
  • Member of Reserve Forces or Iowa National Guard who have served at least 20 years and continue to serve.
  • Honorably discharged former member of the Armed Forces if any portion of their term of enlistment would have occurred within the Korean Conflict but who opted to serve 5 years in the reserve forces as allowed by Federal law.
  • Honorably discharged veteran who served in an eligible service period (Iowa Code Chapter 35).

Application must be made with the Assessor on or before July 1 of the year the exemption is first claimed. The military certificate of satisfactory service, order transferring to inactive status, reserve, retirement, order of separation from service or honorable discharge must be recorded in the office of the county recorder. Members of the Reserve Forces or Iowa National Guard who have served at least 20 years and continue to serve shall record the veteran's retirement points accounting statement issued by the armed forces of the United States, the state adjutant general, or the adjutant general of any other state.  You may only claim one military exemption. 

If the property owner files on or before July 1, the exemption will go into effect for the current assessment year. If the property owner files after July 1, the exemption will go into effect the year following the sign up.The exemption from taxation is $2,778 for WWI veterans and $1,852 for all other service periods. If the qualified veteran does not claim the exemption the spouse, unmarried widow(er), minor child or widowed parent may be eligible to claim the exemption. (Refer to Iowa Code Chapter 426A)

 

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