Vermont · 2026
Vermont property tax exemptions
✓ Verified August 2026 against official county pages — 2 sources linked below.
Exemptions lower the value your taxes are figured on — for most homeowners they're the easiest money on this page. Nearly every one has a filing date, though, and missing it usually costs you a year. The statewide programs and their deadlines are below; many counties and cities layer their own versions on top.
| Exemption | Deadline to file | What it's worth |
|---|---|---|
| Homestead Declaration (HS-122) | File by April 15 every year (late until October 15 with penalty) | Classifies your home at the lower homestead education tax rate — an annual filing, not automatic, and the gateway to the property tax credit |
| Property tax credit (income-based) | April 15 with the Homestead Declaration | Caps education (and part of municipal) taxes as a share of household income for most owner-occupants under the income ceiling — claimed with the HS-122/HI-144 filing |
| Disabled veteran exemption | Annual application with the state Office of Veterans Affairs by May 1 | At least $10,000 (up to $40,000 by town vote) of appraisal value exempt for veterans receiving qualifying VA disability compensation |
How to file
Homestead Declaration (HS-122): File HS-122 with the Vermont Department of Taxes — online in minutes, with your state return.
Property tax credit (income-based): File schedule HI-144 (household income) with HS-122; the credit lands on your fall tax bill.
Disabled veteran exemption: File the exemption application with VA documentation.
Amounts and dates above are the statewide baseline — where counties or cities run their own versions, the local deadline and paperwork can differ. Confirm with your county assessor before relying on a date.
Exempted and still think the bill is high? The next lever is the value itself: how to grievance in Vermont.
Common questions
- When is the Vermont homestead exemption deadline?
- File by April 15 every year (late until October 15 with penalty). File HS-122 with the Vermont Department of Taxes — online in minutes, with your state return.
- Do Vermont exemptions apply automatically?
- Most don't — nearly every program starts with an application, and some must be renewed. Missing the filing window usually means waiting a year, so if you live in the home you own, check what you've claimed before anything else. Confirm details with your county assessor.
Sources
Every fact on this page comes from an official page. Check them yourself:
- Vermont Dept. of Taxes — Form HS-122 instructions — checked 2026-08-12
- Vermont Dept. of Taxes — property owners — checked 2026-08-12