A $4,000 exemption for any property that is owned by an eligible veteran and is subject to property taxes. This exemption can be applied to real estate, a boat, or plane, or property used in a trade, profession or business.

This exemption is also available to a surviving spouse and/or the parents of a deceased veteran.

Because the Homeowner's Exemption of $7,000 provides greater savings than this one, most California veteran homeowners choose the Homeowners' Exemption.

This exemption applies to the home of a person (or a person's spouse) who is, or has been, injured in military service.

In general, injuries that qualify a veteran for the exemption include: (1) total disability, (2) blindness, or (3) the lost use of two or more limbs.

The amount(s) of the exemption depend upon: (1) the type of injury, and (2) the household income.

A 100% disabled veteran (disease or injury service connected) is $107,613, with no income limitation.