Colorado State Tax AdvantageSCR06-001 has passed and will be on the November ballot. It provides a Property Tax Exemption for 100% SC disabled veterans.
Retired Military Pay: Members of the Armed Forces can exclude up to $20,000 in any one taxable year from their retirement pay.
Eligibility: U.S. Armed Forces Retiree over 55 years or older.
Military Disability Retired Pay: Disability Portion - Length of Service Pay; Member on September 24, 1975 - No tax; Not Member on September 24, 1975 - Taxed, unless combat incurred. Retired Pay - Based solely on disability: Member on September 24, 1975 - No tax; Not Member on September 24, 1975 - Taxed, unless all pay based on disability and disability resulted from armed conflict, extra-hazardous service, simulated war, or an instrumentality of war.
VA Disability Dependency and Indemnity Compensation: Not subject to federal or state taxes.
Motor Vehicle Tax: No fee shall be charged to certain disabled Veterans or Ex-POWs who have established their right to benefits under public laws. Applies to subsequent vehicles, but only one at a time.
Learn more about the Colorado State Tax AdvantageBurial AllowanceCounty allowance of up to $50 for burial and up to $50 for setting markers for pauper Veterans.
Learn more about Burial Allowance