By Stacey Baca
Some disabled veterans in Cook County are not getting a property tax exemption they are entitled to by law.Ā One upset veteran said Friday he’s been told to pay the tax and wait for a refund.
“I was wounded and I spent close to 20 months in the hospital recovering from my wounds,” said Jim Zwit, an Army veteran who served in Vietnam where he was hit by a grenade. Eight comrades died in Vietnam.
He’s 90 percent disabled and, thanks to a new law passed in August, he’s exempt from paying property taxes.Ā But when he called Cook County, Zwit said he was told “I would probably get a tax bill. It will probably be paid and then what?”
Effective August 2015, veterans who are 70 percent to 100 percent disabled, such as Zwit, are exempt from paying property taxes. Veterans with a 50 percent to 69 percent disabled can deduct $5,000 off their equalized assessed value, and veterans with 30 percent to 49 percent disability get $2,500 off.
āRead the Full Article at abc7chicago.com >>>>ā
All content herein is owned by author exclusively.Ā Expressed opinions are NOT necessarily the views of VNR, authors, affiliates, advertisers, sponsors, partners, technicians, or VT Network.Ā Some content may be satirical in nature.Ā
All images within are full responsibility of the author and NOT VNR.
Read Full Policy Notice - Comment Policy
