Taos County Veterans Property Tax Event

The New Mexico Department of Veterans’ Services (NMDVS) is still accepting applications from Veterans for the new property tax exemptions.The standard Veteran property tax exemption is now $10,000 and will be applied to the Veteran/unmarried Spouse survivor’s 2025 notice of value. In 2026 and subsequent tax years, the amount shall be adjusted for inflation. For the tax year 2026, the Disabled Veterans Exemption allows for the Veteran/unmarried surviving spouse to apply for an adjusted exemption in an amount equal to the percentage of the Veteran’s disability as determined by federal law. Veterans who choose to add the new Disabled Veteran tax exemption must submit an application to NMDVS and file it with their County Assessor. These exemptions are designed to provide financial relief to all Veterans for their service and sacrifice to our state and nation.

NMDVS has scheduled Veteran property tax exemption events throughout the state to explain the changes. NMDVS will also have Veteran Service Officers (VSOs) on-site to assist Veterans and their eligible dependents with filing VA claims and obtaining federal and state benefits.

Documents needed to verify eligibility:

• A copy of DD-214, NA 13038, NOAA Form 56-16, or PHS Form 1867
• VA Award Letter showing percentage of disability
• NM Driver’s License, ID, Voter registration card, or most recent NM Personal Income Tax Return
• Widow/Widower copy of marriage and death certificates

If you have questions on property tax exemptions or other benefits, please call NMDVS at 1-866-433-8387.