Homestead Exempt — No Income Test, and No Value Ceiling Either
A veteran drawing compensation for a 100% service-connected disability gets the homestead exempt with no income testing and no home-value limit. Category 4V is one of four categories — with 4S, 5 and 7 — that the Department of Revenue exempts from both tests. The filing is not annual: the form goes in when you first apply, in years ending in 0 or 5, and whenever your status changes.
Verified August 27, 2026
What this benefit is
A veteran drawing compensation for a 100% service-connected disability gets the homestead exempt with no income testing and no home-value limit. Category 4V is one of four categories — with 4S, 5 and 7 — that the Department of Revenue exempts from both tests. The filing is not annual: the form goes in when you first apply, in years ending in 0 or 5, and whenever your status changes.
What it's worth: The homestead exempt, with no income limit and no home-value ceiling
- The Department of Revenue's Information Guide states there are no income limits and no homestead value limits for categories 4V, 4S, 5 and 7.
- This record previously carried the 120%-of-county-average or $50,000 value ceiling. That ceiling applies to other categories; it does not apply to this one, and a home above it is not exempted at a reduced rate here.
- Category 4V files Form 458 with the VA certification when first applying, in years ending in 0 or 5, and on a change in status — not every year.
- A surviving spouse continues automatically for the remainder of the five-year exemption period, then applies annually under Category 4S.
- Category 4S has no income limit of its own and reaches a spouse who remarried after reaching age 57.
Who is entitled to it
- You meet the permanent and total test.
- You own and occupy the home.
- Your home is in this state.
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How to claim it
Deadline: June 30 (window opens February 1)- 1File Form 458 with the 458B disability certification between February 1 and June 30 when you FIRST apply, again in years ending in 0 or 5, and whenever your status changes. It is not an annual filing for this category.
- 2No income statement is needed — there is no income limit on this category, and no home-value limit either.
- 3A surviving spouse continues automatically for the rest of the five-year exemption period, then applies annually under Category 4S — which has no income limit, and which still reaches a spouse who remarried after age 57.
- Form
- Form 458 with Form 458B
- File with
- Your county assessor, February 1 to June 30
- Documents you will need
- va benefit summary letter
- No renewal
- Once granted it does not need renewing.
Sources
- authority · regulationNebraska Department of Revenue — Chapter 45 Homestead Exemption Regulations (Neb. Rev. Stat. §77-3526)
- operating · published policyNebraska Department of Revenue — Homestead Exemption Information Guide (19 February 2026)
Why only one source type: The Department of Revenue regulations state the category, the value cap and the filing window in terms.
This finder provides an informational match, not a government eligibility determination. The responsible agency decides your application.