New Mexico Veterans Tax Exemptions Program

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Benefit program

New Mexico Veterans Tax Exemptions Program

State

This program gives you a property tax exemption (tax break) that can help lower your property tax bill. You may get help from this program if you are a homeowner and an honorably discharged veteran. You also may get help if you are the unmarried surviving spouse of a veteran who could have received this benefit.

About this program

How can this program help me?

This program gives you a property tax exemption (tax break) that can help you lower your property tax bill. It reduces the assessed value of your home by $4,000. The assessed value is the dollar amount used to decide how much you will have to pay in property taxes. This benefit is offered in addition to the state’s Property Tax Rebate.

How do I get help?

To apply for this program, print and fill out the application form and mail it to your local tax assistance office.

Categories

Veterans Programs

Populations served

Veteran

Informational only — official eligibility is determined by the administering agency.

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