New York Alternative Veterans Exemption
A property tax exemption on a NY veteran's primary residence: a 15% reduction in assessed value for wartime service, plus 10% more for combat service, plus an additional reduction equal to half of any service-connected disability rating. Caps are set by each local taxing jurisdiction.
Who it's for: Veterans and military retirees with wartime service who live in New York.
What it's worth: 15% (wartime) + 10% (combat) + half of your disability rating, as a percent of assessed value, capped locally
Source: New York State Department of Taxation and Finance · verified 2026-07-07