Friday, May 01, 2009

TAX EXEMPTIONS (Clark County Nevada)

Many people are unaware that there are a number of tax exemptions that residents may use to lower the property taxes on their homes in Clark County, Nevada. We thought we’d mention them to you, in hopes that you or a friend or family member may save some money! These exemptions may be applied to real property tax or personal property tax which includes business personal property and manufactured housing. The tax dollar amount of the exemption varies with the taxing district in which you live. You may also apply the exemption on your motor vehicle governmental services tax. To use your exemption toward the governmental services tax on your motor vehicle, you must obtain a DMV voucher from the Assessor's Office to present or mail to the Department of Motor Vehicles with your renewal registration form.

VETERAN’S EXEMPTION: is in the amount of $2,123 assessed value. The Veteran's Exemption applies to Nevada 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: April 6, 1917 to November 11, 1918; December 7, 1941 to December 31, 1946; June 25, 1950 to May 7, 1975; September 26, 1982 to December 1, 1987; December 20, 1989 to January 31, 1990; August 2, 1990 to April 11, 1991; December 5, 1992 to March 31, 1994; November 20, 1995 to December 20, 1996. Also, veterans are eligible 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.

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. The permanently disabled veteran with a 60% to 100% disability receives the exemption which ranges from $10,613 to a maximum of $21,226 assessed value. 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.To apply for either the Veteran’s Exemption or the Disabled Veteran's Exemption, you must possess a valid Nevada Driver's or Identification Card or have been a resident of Nevada for six months and provide the Assessor's Office with a copy of your DD214, honorable discharge paper, certificate of satisfactory service or separation documents (which indicate your date of entry and honorable discharge date). In addition, documentation from the Veteran’s Administration of the percentage of service-connected disability is required for the Disabled Veteran’s Exemption.

BLIND EXEMPTION is in the amount of $3,184 assessed value. It 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.(Continued Inside)To apply for the Blind Exemption, you must possess a valid Nevada Driver's License or Identification Card or have been a Nevada resident for six months and furnish to the Assessor's Office a certificate from a licensed physician, stating that you meet the qualifications to be considered legally blind under NRS 361.085.

The SENIOR CITIZEN TAX ASSISTANCE PROGRAM in Nevada offers a Senior Citizen Tax Assistance/Rental Rebate program to persons 62 years of age or older whose annual household income was $26,190 or less (plus or minus an adjustment based on the Consumer Price Index) during the preceding year. The total income amount will be adjusted each year by the State of Nevada, Division of Aging Services. This program applies to any person meeting the age, residency and income requirements regardless of whether you own your home, rent an apartment or house, or live in a manufactured home (mobile home).

The filing period for the Tax Assistance/Rental Rebate program is from February 1 to April 30 of each year. The amount of benefit depends on household income and the amount of taxes or rent paid. The average rebate is approximately $275.00.We have provided an abbreviated description of these tax exemptions as described on the Assessor’s website. If you think you qualify for any of these programs, they are administered by the County Assessor. For more information, or to request forms, please call the assessor’s customer service number, 702-455-3882 or visit one of the Assessor's Office locations.