Form Ptax-342-R - Annual Verification Of Eligibility For Standard Homestead Exemption For Veterans With Disabilities Page 2
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2Form PTAX-342-R General Information
The surviving spouse can transfer the SHEVD to another primary
What is the Standard Homestead Exemption for Veterans with
residence after the veteran’s original primary residence is sold.
Disabilities (SHEVD)?
An un-remarried surviving spouse must occupy and hold legal
The SHEVD (35 ILCS 200/15-169) provides an annual reduction in
or beneficial title to the primary residence on January 1 of the
the equalized assessed value (EAV) of a primary residence occupied
assessment year.
by a veteran with a disability, or the veteran’s surviving spouse, on
January 1 of the assessment year. The SHEVD amount depends on
Do I need to provide documentation?
the percentage of the service-connected disability as certified by the
Your Chief County Assessment Officer (CCAO) will require
U.S. Department of Veterans’ Affairs.
documentation to verify your eligibility for the SHEVD. You must
If a veteran has a service-connected disability of 30% or more but
provide a disability award or verification letter from the U.S.
less than 50%, then the annual exemption is $2,500; if the veteran
Department of Veterans’ Affairs for the current assessment year.
has a service-connected disability of 50% or more but less than
To request a verification letter that specifies your percentage of
70%, then the annual exemption is $5,000; and if the veteran has
“service-connected disability rating,”
a service-connected disability of 70% or more, then the residential
•
call the U.S. Department of Veterans’ Affairs at
property is exempt from taxation under this Code.
1 800 827-1000, or
Form PTAX-342, Application for Standard Homestead Exemption for
•
go online to your Veteran’s E-benefit account at ebenefits.va.gov.
Veterans with Disabilities, must be submitted to
•
initially apply for the SHEVD,
When will I receive my exemption?
•
transfer the SHEVD to the surviving spouse for the first year after
The year you apply for the SHEVD is referred to as the assessment
the death of the veteran with a disability, or
year. The county board of review, while in session for the assessment
•
transfer the SHEVD to a new primary residence.
year, has the final authority to grant your SHEVD. If granted, your
SHEVD will be applied to the property tax bill paid the year following
Who is eligible?
the assessment year.
To qualify for the SHEVD, the veteran must
•
be an Illinois resident who served as a member of the U.S.
When and where do I file my Form PTAX-342-R?
Armed Forces on active duty or state active duty, Illinois National
You (including an un-remarried surviving spouse applying for the first
Guard, or U.S. Reserve Forces, and who has an honorable
time or for a new primary residence) should file your Form PTAX-
discharge;
342-R with your CCAO by the due date to receive this exemption.
•
have at least a 30 percent service-connected disability certified
Contact your CCAO at the address and phone number below for as-
by the U.S. Department of Veterans’ Affairs; and
sistance and filing information with your county.
•
own and occupy the property as the primary residence on
Note: To continue receiving the SHEVD on your residence, you must
January 1 of the assessment year or lease and occupy a single
file Form PTAX-342-R, Annual Verification of Eligibility for Standard
family residence on January 1 of the assessment year and be
Homestead Exemption for Veterans with Disabilities, each year with
liable for the payment of the property taxes to the county.
your CCAO.
Note: The property’s total EAV must be less than $250,000 after
__________________________________________ County, CCAO
Jennifer Gomric Minton, St. Clair
subtracting any portion used for commercial purposes. “Commercial
______________________________________________________
purposes” include any portion of the property rented for more than 6
Disabled Veterans' Dept., 10 Public Square
months.
Mailing address
_____________________________________ IL ______________
If you previously received the SHEVD and now reside in a facil-
Bellleville
62220
City
ZIP
ity licensed under the Nursing Home Care Act or operated by the
U.S. Department of Veterans’ Affairs, you are still eligible to receive
If you have any questions, call (_______)_______-____________
618
825
2704
the SHEVD provided your property is occupied by your spouse; or
remains unoccupied during the assessment year.
Are there other homestead exemptions available for a person
with a disability?
Is a surviving spouse eligible?
Yes. However, only one of the following homestead exemptions may
An un-remarried surviving spouse of a veteran who is deceased can
be claimed on your property for a single assessment year:
also continue to receive the SHEVD on his or her spouse’s primary
•
Veterans with Disabilities Exemption
residence, provided the SHEVD had previously been granted to the
•
Homestead Exemption for Persons with Disabilities
veteran.
•
Standard Homestead Exemption for Veterans with Disabilities
Beginning in tax year 2015, an un-remarried surviving spouse of a
veteran killed in the line of duty is eligible for the SHEVD on his/her
primary residence, even if the veteran did not previously qualify or
obtain the SHEVD.
Official use. Do not write in this space.
Date received: ___ ___/___ ___/___ ___ ___ ___
Board of review action date: ___ ___/___ ___/___ ___ ___ ___
Approved
Verify proof of eligibility ____________________________
Denied
Exemption amount
$2,500
$5,000
Tax exempt $ _______________
Reason for denial_________________________________________
Is the residential EAV over $250,000?
_______________________________________________________
Yes
No
Assessment information
Comments: ______________________________________________
EAV of improvements
$___________________
_______________________________________________________
EAV of land
$___________________
_______________________________________________________
Total EAV of improvement/land
$___________________
EAV commercial/rented property
$___________________
Note: An EAV of $250,000 or more, excluding commercial property or
Total EAV minus commercial/rented EAV
$___________________
portion of the property rented for more than 6 months, does not qualify for
SHEVD.
PTAX-342-R (R-08/15)
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