Veteran exemption
New Mexico resident veteran or unmarried surviving spouse owning taxable property, including a qualifying grantor trust; veteran definition and proof requirements also apply.
We’ll show the next step for this exemption.
Official eligibility and application
Eligibility source
An amount as provided in Subsection B of this section of the taxable value of property, including the community or joint property of married individuals, subject to the tax is exempt from the imposition of the tax if the property is owned by a veteran or the veteran's unmarried surviving spouse if the veteran or surviving spouse is a New Mexico resident
Official source. Last verified 2026-10-24.