Florida's tax exemption policies for deployed military reserves

Hey, I'm considering joining the military reserves after I graduate, and I live in Florida. I wanted to know if there are specific tax exemptions that apply to Florida residents who are deployed in the military reserves. Like, is it different from the general tax exemptions for deployed military reserves? Any help would be appreciated!

Hello! Florida does have some specific policies for active duty military personnel and reservists. If you're a member of the Florida National Guard or the United States Reserve Forces and you're called to active duty outside the U.S., you could be eligible for an ad valorem tax exemption. This exemption might not eliminate all of your property tax burden, but it can alleviate some of it.

The total amount exempted is determined by the number of days in the year the service member was on active duty outside the U.S. So if you spend half the year deployed, half of the assessed value of your property would be exempt from taxes. As you can see, this kind of exemption can be especially valuable if you own a home.

It's crucial to remember that there are specific rules and paperwork to process for eligibility. Each case may vary depending on personal circumstances and the nature of service.

This exemption is specifically a function of Florida state law and not part of the general tax benefits for deployed military reserves at the federal level. For tax advice custom-tailored to your particular situation, you might want to reach out to a tax professional or legal assistance office in your area. They should be able to walk you through these processes in more detail.