This annual exemption reduces the Equalized Assessed Value (EAV) of a disabled veteran's home, likely lowering the total tax bill. Applicants must file a Form PTAX-341, Application for Returning Veterans' Homestead Exemption, with the Chief County Assessment Office.Illinois veterans and persons with disabilities may be eligible for tax relief through the property tax homestead exemptions and mobile home exemptions. The Disabled Veterans Homestead Exemption allows for up to a. Disabled veterans may have some or all of their property taxes covered. This is called a Standard Homestead Exemption for Veterans with Disabilities (SHEVD). You may file up to 4 exemptions. Disabled veterans may have some or all of their property taxes covered. This is called a Standard Homestead Exemption for Veterans with Disabilities (SHEVD). PTAX-342 Application for Standard Homestead Exemption for Veterans with Disabilities (SHEVD).

Homestead Exemption For Disabled Veterans In Chicago

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