Disabled Persons' Exemptions
An annual $2,000 reduction in the EAV of the property. The property must have been occupied on January 1 of the assessment year by a disabled person who is liable for the payment of property taxes.
Qualify if disabled or become disabled during the assessment year.
Disabled person cannot participate in any “substantial gainful activity by reason of a medically determinable physical or mental impairment” which will result in the person’s death or that will last for at least 12 continuous months.
Click here for the application
Property can receive only one of the disability exemptions per assessment year under Section 15-165 Disabled Veterans’ Homestead Exemption, Section 15-168 Disabled Persons’ Homestead Exemption, or Section 15-169 Disabled Veterans’ Standard Homestead Exemption.
The SHEVD (35 ILCS 200/15-169) provides an annual reduction in the equalized assessed value (EAV) of a primary residence occupied by a veteran with a disability, or the veteran’s surviving spouse, on January 1 of the assessment year. The SHEVD amount depends on the percentage of the service-connected disability as certified by the U.S. Department of Veterans’ Affairs. If the veteran has a service-connected disability of 30% or more but less than 50%, then the annual exemption is $2,500; if the veteran has a service-connected disability of 50% or more but less than 70%, then the annual exemption is $5,000; and if the veteran has a service-connected disability of 70% or more, then the residential property is exempt from taxation under this Code.
Note: The property’s total EAV must be less than $250,000 after subtracting any portion used for commercial purposes. “Commercial purposes” include any portion of the property rented for more than 6 months. If you previously received the SHEVD and now reside in a facility licensed under the Nursing Home Care Act or operated by the U.S. Department of Veterans’ Affairs, you are still eligible to receive the SHEVD provided your property is occupied by your spouse; or remains unoccupied during the assessment year.
Who is eligible?
To qualify for the SHEVD, the veteran must:
• be an Illinois resident who served as a member of the U.S. Armed Forces on active duty or state active duty, Illinois National Guard, or U.S. Reserve Forces, and who has an honorable discharge;
• have at least a 30 percent service-connected disability certified by the U.S. Department of Veterans’ Affairs; and
• own and occupy the property as the primary residence on January 1 of the assessment year or lease and occupy a single family residence on January 1 of the assessment year and be liable for the payment of the property taxes to the county.
Click here for the application http://www.willcountysoa.com/Content/Forms/PTAX-342.pdf
Will County Supervisor of Assessments Office
302 North Chicago Street
Joliet, IL 60432
(815) 740-4648
WILL COUNTY SUPERVISOR OF ASSESSMENTS
302 North Chicago Street
Joliet, IL 60432
(815) 740-4648