The Nevada Legislature provides for property tax exemptions to Nevada residents meeting certain requirements. Exemption forms available for download must be supported by Adobe Reader:
Benefits and eligibility requirements are as follows:
SURVIVING SPOUSE'S EXEMPTION (NRS 361.080) To apply for this exemption you must:
VETERAN'S EXEMPTION (NRS 361.090) It applies to residents who have served in the Armed Forces of the United States in any of the following branches: Army, Navy, Marines, Air Force, Coast Guard, The National Guard, or Reserves, while on active duty, and the Merchant Marine during time of war or national emergency. A veteran must have served a minimum of 90 continuous days of active duty of which at least one day was between:
Also eligible are veterans who served on active duty in connection with carrying out the authorization granted to the President of the United States in Public Law 102-1 or served on active duty in connection with a campaign or expedition for service in which a medal has been authorized by the government of the United States. To apply for this exemption you must:
To determine whether a person served in connection with Public Law 102-1 as it pertains to the Gulf War or Desert Storm, or in connection with a campaign or expedition for service in which a medal has been authorized by the United States, the Assessor's Office needs ONE of the following documents in addition to the requirements above:
DISABLED VETERAN'S EXEMPTION (NRS 361.091) The Disabled Veteran's Exemption is provided for veterans who have a permanent service-connected disability of at least 60%. The amount of exemption is dependent upon the degree of disability incurred. To apply for the Disabled Veteran's Exemption you must:
The benefits of this program may succeed to the surviving spouse of the disabled veteran who was eligible for the exemption at the time of death.
BLIND EXEMPTION (NRS 361.085) Is available to Nevada residents whose visual acuity with correcting lenses does not exceed 20/200 in the better eye, or whose vision in the better eye is restricted to a field which subtends an angle of not greater than 20 degrees.
To apply for the Blind Exemption you must:
How do I use my exemption?
The exemption amount may be applied to next year's tax bill on real property you own. This amount will be reflected on your property tax bill mailed in July of each fiscal year. It may also be applied to any personal property (which includes business personal property or manufactured housing) at any time during the year, prior to payment of taxes.
As an option, you may choose to apply the exemption toward your Governmental Services Tax when you register your vehicle with the Department of Motor Vehicles (DMV). To use your exemption on your motor vehicle, you must obtain a DMV voucher from the Assessor's Office before you register the vehicle.
How does the term "assessed value" relate to tax dollars?
All property tax exemptions in Nevada are stated in "assessed value" amounts. The term "assessed value" approximates 35% of the taxable value of an item. The exemption amount will vary each year depending on the Consumer Price Index and the tax rates throughout the County. Let's assume an exemption after the adjusted CPI is $1,000 assessed value and the tax rate is $3.50 per hundred of assessed value. To determine the exemption value, multiply the $1,000 x the tax rate .035 = $35.00.
To calculate an exemption amount that is applied to the Governmental Services Tax for your motor vehicle, let's assume our exemption is $1,000 assessed value after the adjusted CPI. We would multiply the $1,000 x .05 = $50.00. This exemption amount would be deducted from the Governmental Services Tax. The amount you use may be less, depending on the age of the vehicle.
After the initial application, how may I continue my exemption?
After filing the original affidavit, the County Assessor will mail you an Exemption Renewal Post Card each year. To continue your exemption, simply sign and return this postcard to the Assessor's Office.