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TYPES OF PROPERTIES ASSESSED | THE ASSESSOR'S OFFICE PROCESS
TAX ROLL | ASSESSMENT ROLL
 EXEMPTION AND PROPERTY TAX REBATE PROGRAMS
IMPORTANT DATES FOR PROPERTY OWNERS | FORMS
PROTEST/APPEALS PROCESS INFORMATION

   Exemptions, Abatements, and Property Tax Rebate Programs

  • Senior Citizen Tax Rebate/Rental Assistance program

This program has been eliminated by the Nevada State Legislature. Please click here for more information.

  • Property Tax Exemptions

The Nevada Legislature (NRS 361) provides for property tax exemptions to individuals who meet certain criteria. An exemption may be applied to real property tax and personal property tax which includes business personal property and manufactured housing.

 

These exemptions can be used either for property taxes or for a reduction on the governmental service taxes on DMV registrations.

 

The following are property tax exemptions offered by the State of Nevada. If you meet the specified criteria, you may apply for these exemptions through the Storey County Assessor’s Office:

The Surviving Spouse Exemption applies to Nevada residents and is in the amount of $1,250 assessed valuation deduction. Conversion into actual cash dollar savings varies depending on the tax rates—approximately $43 per year on real estate or personal property taxes. To apply for the Surviving Spouse Exemption, you must have been a Nevada resident for six months and provide a copy of your spouse’s death certificate to the Storey County Assessor's Office along with a completed and notarized Widow/Widower’s Exemption Form.

The Veteran's Exemption provides a $2,500 exemption for assessed value deduction. Conversion into actual cash dollar savings varies depending on the tax rates—approximately $86 per year on real estate or personal property taxes. The Veteran's Exemption applies to Nevada residents who have served in the Armed Forces of the United States in the Army, Navy, Marines, Air Force, Coast Guard, National Guard and Reserves or the Merchant Marines in active duty during time of war or national emergency. A veteran must have served during one of the following periods:

o        April 6, 1917 to November 11, 1918

o        December 7, 1941 to December 31, 1946

o        June 25, 1950 to May 7, 1975

o        September 26, 1982 to December 1, 1987

o        December 20, 1989 to January 31, 1990

o        August 2, 1990 to April 11, 1991

o        December 5, 1992 to March 31, 1994

o        November 20, 1995 to December 20, 1996

Also eligible are veterans who served or are still serving in active duty in connection with carrying out the authorization granted to the President of the United States in Public Law 102-1 or any active duty in connection with a campaign or expedition for service in which a medal has been authorized by the United States.

To apply for the Veteran's Exemption, you must be a Nevada Resident for six months and provide the Storey County Assessor's Office with a copy of your honorable discharge, certificate of satisfactory service or separation documents along with a completed and notarized Veteran's Exemption Form.

If you qualify for the Veteran’s Exemption, you have the option of donating your exemption to the Nevada Veterans’ Home account. To do so, you must pay your full property tax bill and ask the Storey County Assessor’s Office to forward your exemption entitlement to the Veterans’ Home Account.

The Disabled Veteran's Exemption is provided for veterans who have a permanent service connected disability of at least 60%. The amount of exemption is dependent upon the degree of disability incurred. The permanently disabled veteran with a 60% to 100% disability receives an exemption ranging from $12,500 to $25,000 assessed value.

To apply for the Disabled Veteran's Exemption, you must be a resident of Nevada for six months and provide a copy of your honorable discharge, certificate of satisfactory service or separation documents and documentation from the Veteran’s Administration of the percentage of service connected disability along with a completed and notarized Veteran's Exemption Form.

 

The benefits of this program may succeed to the widow of the disabled veteran who was eligible for the exemption at the time of death.

 

If you qualify for the Disabled Veteran’s Exemption, you have the option of donating your exemption to the Nevada Veterans’ Home account. To do so, you must pay your full property tax bill and ask the Storey County Assessor’s Office to forward your exemption entitlement to the Veterans’ Home Account.

The Blind Exemption is in the amount of $3,750 assessed value deduction. Conversion into actual cash dollar savings varies depending on the tax rates—approximately $130 per year on real estate or personal property taxes. This exemption is available to Nevada residents with visual acuity that does not exceed 20/200 in the better eye when corrected, or whose field of vision does subtend to an angle of 20 degrees. To qualify for this exemption, you must be a Nevada resident for six months and provide a certificate to the Storey County Assessor’s office from a physician licensed under the laws of Nevada, stating the above requirements are met.

AB 489, signed into law on April 6, 2005, provides for a partial abatement of property taxes. The level of this abatement, in the form of a “Tax Cap,” varies based on the type and use of the property.

The Tax Cap limits the increase of taxes levied against a property in Storey County for the 2014-15 fiscal year to: a) 3% for owner-occupied primary residences and qualifying rental properties; or b) 8% for most other properties. Please note that the Cap is on the amount of taxes billed, and it does not limit the amount of increase in the assessed value of the property.

Property which will not qualify for the Tax Cap includes that which is new to the tax roll, such as new construction, new parcels and parcels with a change in use. In order for rental properties to qualify, the amount of rent charged for all units must not exceed fair market rent values, as determined by the US Department of Housing and Urban Development.

NEW: Pay your property taxes online!

 

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