Property Tax

SDCL 10-4-24.10 states that dwellings or parts of multiple family dwellings which are specifically designed for use by paraplegics as wheelchair homes and which are owned and occupied by veterans with the loss, or loss of use, of both lower extremities, or by the unremarried widow or widower of such veteran, are exempt from taxation.The dwelling must be owned and occupied by the veteran for one full calendar year before the exemption becomes effective. For purposes of this statute, the term "dwelling" generally means real estate in an amount not to exceed one acre upon which the building is located.

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SDCL 10-4-40 and 10-4-41states that $150,000 of the full and true value of a dwelling that is owned and occupied by a veteran who is rated permanently and totally disabled from a service connected disability(ies) is exempt from taxation. The dwelling must be owned and occupied by the veteran. Application for the exemption is made through the county assessor. The surviving spouse of veteran who was rated as permanently and totally disabled from a service connected disability qualifies for the same property tax exemption.

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SDCL 10-18A-1 to 10-18A-7 states that certain low income property owners are eligible for a property tax refund and should check with their county treasurer for details and assistance in making application.
To qualify the following conditions must be met:

1. The head of the household must be sixty-five years of age, or older, or shall be disabled prior to January first of the year in which taxes are levied;
2. The applicant must have owned the property for at least three years or, have been a resident of this state at least five years if not qualified under the three year ownership criteria.

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