Exemption for the elderly and disabled persons:
- The deadline to file this application is March 1st each year.
- The age requirement is 65 years of age.
- The combined gross income can not exceed $40,000 with the maximum amount of assets being $60,000 excluding your dwelling and five acres of land.
Disabled persons must follow the same income and assets guidelines and if under 65 years of age, a sworn affidavit by (2) medical doctors licensed to practice in Virginia, stating that the taxpayer is permanently and totally disabled, must accompany the application along with other proof which is noted in the application.
Please refer to the Documents and Forms section or contact Judy S Hart, Commissioner of the Revenue.