ALL veterans now eligible for $250 Property Tax Deduction

Summary:
Effective December 4, 2020, State law (P.L. 2019, c. 413) eliminates the wartime service requirement for the $250 Veterans Property Tax Deduction. Veterans must have active duty service with an honorable discharge. Reservists and National Guard personnel must be called to active duty service to qualify. Active duty for training continues to be ineligible.

If you are an honorably discharged veteran with active duty military service, you may qualify for an annual $250 Property Tax Deduction.

More details : https://www.state.nj.us/treasury/taxation/lpt/lpt-veterans.shtml

OnTheEdge OnTheEdge ✉
Feb '21

In NJ this is Chump change, $2,500 would mean something.

iJay iJay ✉
Feb '21

Agreed.

Josh Josh ✉
Feb '21

Help with rent would be nice.

Served Served ✉
Feb '21

I, a chump, offer to take the free $250 if anyone doesn't want theirs.

hiker hiker ✉
Feb '21

Hiker- easy enough- just go give up your life, mind, body, comfort, freedom, control, family, friends, and most of your income for years.

Starting pay right now for you to enlist is $1,733 a month.

If you are lucky- at the end of 4 years you can be an E-4 maybe E-5 if you put forth a lot of effort and study.

An E4 makes $2,747 a month, an E5 makes $3,502 a month.

Josh Josh ✉
Feb '21

And what’s the room n board n benefits worth? Free utilities. Free transportation. Free clothes. Free medical. Free college? No property taxes. Subsidized store goods? Free your mind (no decisions). Free international vacations (just kidding)

Not suggesting anything bad, very grateful to anyone sacrificing private life to defend the rest of us and our country, but just looking at pay isn’t apples to apples.

Strangerdanger Strangerdanger ✉
Feb '21

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