The property tax deduction is great for homeowners. Here's how it works in 2024 and 2025 and what you can do to save money.

What tax benefits does your state offer to military members and retirees? ... Military income: Up to a $5,000 deduction. Tax-free starting with 2024 taxes; Retired pay: Tax-free; ...

New Jersey Veteran Property Taxes Honorably discharged resident veterans who served at least 14 days in a combat zone may receive an annual $250 property tax deduction.