Are there any discounts or exemptions for the elderly, disabled or disabled veterans?
The State of Tennessee provides reimbursements for the property taxes of low-income homeowners who are elderly or disabled. Income does not apply to disabled veterans or their surviving spouses.Reimbursements are given on all or part of the local taxes paid on property which the taxpayer owns and uses as his/her residence.These benefits are paid on the first $25,000 market value of the property.For the tax year 2007 this amount is $145.00.
