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Exemptions
and Credits
If
you have any questions regarding these exemptions,
please contact this office.
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Credit/Exemption
&
Sign-up deadline
( * = annual filing required) |
Requirements
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Barn
Preservation
Feb
1
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The
barn must have been constructed prior to 1937 and
be used for the storage of farm products or feed
or for the housing of farm animals or farm equipment.
The exemption is only for value added due to improvements
or remodeling. |
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Cattle
Facilities
Feb
1
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Exemption
is based on the actual value added to owner-operated cattle
facilities, including small or medium sized feedlots, either
by new construction or by the retrofitting of existing
facilities. |
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DISABLED
VETERANS
HOMESTEAD TAX CREDIT
July 1* (annual filing required)
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Disabled
veterans who acquired property under United States
Code, 38 U.S.C.(21.801, 21.802, or 38 U.S.C.)
2102, 2102 are eligible for the credit. Household income
(veteran and spouse combined) for the preceding 12
month income tax accounting period cannot to exceed
$35,000. Annual filing is required. |
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Religious,
Literary, and Charitable Societies
Feb
1
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All grounds and buildings used by
literary, charitable, benevolent, and religious
institutions and societies that are used solely
for their appropriate purpose. Property may not
be leased or otherwise used with a view to profit.
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Family
Farm Tax Credit
Nov
1
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The
credit is for tracts of land that are more than
10 acres and are assessed as agricultural property.
The land must be farmed by the owner or an eligible
relative. |
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Forest Reserve
Feb
1
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Two
hundred trees per acre with a two acre minimum.
No economic gain is allowed on qualified acres. |
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Fruit Tree Reserve
Feb
1
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Must
be at least 1 acre nor more than ten acres with
40 apple trees or 70 other fruit trees per acre. |
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Impoundment Structures
Feb
1 *
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The impoundment must contain at
least 18 acre-feet of water, be outside of a city
limits and be used for agricultural purposes to
qualify for exemption. |
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Industrial
Property
Feb
1
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Property
must be an industrial warehouse, distribution center
or research facility to qualify. |
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Homestead
Credit
July
1
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The dwelling must be the principal
residence of the property owner. |
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Mobile
Home Park Storm Shelter
Feb
1
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Only for storm shelter buildings
in mobile home parks. |
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Native
Prairie and Wetlands
Feb
1 *
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The
first annual application shall be accompanied by
a certificate from the department of natural resources
stating that the land is native prairie or protected
wetland. |
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Natural
Conservation or Wildlife Areas
Feb
1 *
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This
includes the exemption types Recreational Lakes,
Forest Cover, Rivers and Streams, River and Stream
Banks, and Open Prairies. There are different requirements
for each exemption type. |
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Pollution
Control and Recycling
Feb
1
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The
application for pollution control or recycling
property shall be accompanied by a certificate
from the environmental protection division of the
Iowa DNR. |
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Urban
Revitalization
Feb
1
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Qualifying
structures located in a Urban Revitalization District
will receive an exemption based upon the schedule
set up by each city council. |
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Veterans
Credit
July
1 |
Former members of the service who have served
at least 3 years active duty, or
former members of the service who served during a wartime
period, or current or former members of the reserves or Iowa
national guard who have served at least 20 years. For
detailed veteran definitions and dates, click here. |
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Wildlife
Habitat
Feb
1
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Agricultural
landowners may designate not more than two acres
of the land for use as a wildlife habitat. The
Iowa DNR shall certify the designated land as a
wildlife habitat. |
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