Minnesota Disabled Veterans Market Value Exclusion

About This Program

Minnesota provides a market value exclusion for veterans with service-connected disabilities: 100% disabled veterans (or those receiving DIC) receive a $300,000 exclusion; 70–99% disabled veterans receive a $150,000 exclusion. The exclusion is applied to the homestead property's market value before calculating property taxes. Surviving spouses of qualifying veterans may retain the benefit.

A $300,000 exclusion for a 100% rated veteran in Ramsey County (effective tax rate ~1.2%) saves approximately $3,600/year in property taxes.

Key Details

• 100% disability rating: $300,000 market value exclusion from property taxes
• 70–99% disability rating: $150,000 market value exclusion
• No income limit — based on VA service-connected disability rating
• Surviving spouses may retain the exclusion
• File with Ramsey County Assessor: 651-266-2102

How to Apply

Deadline: File by December 31 preceding the tax year