Town of Windham. Property Tax Credit & Exemption Programs - RSA 72

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1 Twn f Windham Prperty Tax Credit & Exemptin Prgrams - RSA 72 T be eligible, Applicant must file a request, in persn, with the Assessr s Office n r befre April 15 th f any given year, and Applicant must be the wner f recrd n r befre April 1 f the year f applicatin and present prf theref, and Applicant must ccupy, as their principal abde, the prperty qualifying fr the exemptin. [See RSA 72:29 Resident ] Select link fr mre infrmatin: Tax Credit Prgrams - Veterans Standard Veteran s Credit - RSA`s - 72:28, 72:29, 72:30 - $ Disabled Veteran s Credit - RSA 72:35 - $2, Spuse f a Veteran Killed in Actin RSA 72:29-a - $2, Certain Disabled Veterans RSA 72:36-a - Exempt frm taxatin Tax Exemptin Prgrams Reductins in Assessed Value Blind RSA 72:36-b - $15, Disabled RSA 72:37-b - $160, Deaf RSA 72:38-b - $15, Elderly - RSA 72:39-a - $160, (A) - $190, (B) Full Exempt (C) Renewable Energy Prperty Tax Exemptins - RSA 72:61-72

2 Veteran's Credit Standard Veteran s Tax Credit - RSA`s - 72:28, 72:29, 72:30 - $ The applicant must have served nt less than ninety (90) days in the Armed Frces f the United States in a war r cnflict as utlined in RSA 72:28 and have been hnrably discharged. Service in a qualifying war r armed cnflict shall be as fllws belw: a- Wrld War I between April 6, 1917 and Nvember 11, 1918, extended t April 1, 1920 fr service in Russia, prvided that military r naval service n r after Nvember 12, 1918 and befre July 2, 1921, where there was prir service between April 6, 1917 and Nvember 11, 1918 shall be cnsidered as Wrld War I service b - Wrld War II between December 7, 1941 and December 31, 1946 c - Krean Cnflict between June 25, 1950 and January 31, 1955 d - Vietnam Cnflict between December 22, 1961 and May 7, 1975 e - Vietnam Cnflict between July 1, 1958 and December 22, 1961, if the resident earned the Vietnam service medal r the armed frces expeditinary medal f - Persian Gulf War between August 2, 1990 and the date thereafter prescribed by Presidential prclamatin r by law, and g - Any ther war r armed cnflict that has ccurred since May 8, 1975, and in which the resident earned an armed frces expeditinary medal r theater f peratins service medal. The applicant must prvide a cpy f their DD214, (discharge dcument), r ther sufficient prf when applying fr this credit. A husband and wife (and Civil Unin partners), each qualifying fr a tax credit, shall each be granted a tax credit upn their residential real estate as prvided under RSA 72:28, I r II. Applicatin frms are available frm the Assessing Department. On-line law reference fr RSA 72:28 : On-line law reference fr RSA 72:29 : On-line law reference fr RSA 72:30 ;

3 Veteran's Credit Disabled Veteran Tax Credit - RSA 72:35 - $2, The applicant must prvide a cpy f their DD214, (discharge dcument), r ther sufficient prf when applying fr this credit. Any persn wh has been hnrably discharged r an fficer hnrably separated frm the military service f the United States and wh has ttal and permanent service-cnnected disability, r wh is a duble amputee r paraplegic because f service-cnnected injury, r the surviving spuse f such a persn, shall receive a standard yearly tax credit in the amunt f $2,000 f prperty taxes n the persn`s residential prperty. The qualificatin fr this credit includes the applicant prviding written dcumented prf that the veteran has been determined, by the US Veteran`s Administratin, t be ttally and permanently disabled as a result f a service-cnnected injury. Applicatin frms are available frm the Assessing Department. On-line law reference fr RSA 72:35 : Spuse f a Veteran Killed in Actin RSA 72:29-a - $2, The surviving spuse f any persn wh was killed r died while n active duty in the wars, cnflicts r armed cnflicts, r cmbat znes set frth in RSA 72:28 shall receive a tax credit in the amunt f $2,000, deducted frm the amunt f taxes wed upn the surviving spuse's prperty. (Passed by vters March 2007) The term surviving spuse as used in RSA 72:29-a, shall nt include a surviving spuse that has remarried, but if the surviving spuse is later divrced, his r her status as the surviving spuse f a veteran is regained. If the surviving spuse remarries and the new husband r wife dies, he r she shall be deemed the widw r widwer f the latest spuse and shall nt revert t the status f a surviving spuse f a veteran. Applicatin frms are available frm the Assessing Department. On-line law reference fr RSA 72:29-a :

4 Veteran's Credit Certain Disabled Veterans - 72:36-a Any persn, wh is discharged frm military service f the United States under cnditins ther than dishnrable, r an fficer wh is hnrably separated frm military service, wh is ttally and permanently disabled frm service cnnectin and satisfactry prf f such service cnnectin is furnished t the assessrs and wh is a duble amputee f the upper r lwer extremities r any cmbinatin theref, paraplegic, r has blindness f bth eyes with visual acuity f 5/200 r less as the result f service cnnectin and wh wns a specially adapted hmestead which has been acquired with the assistance f the Veterans Administratin r which has been acquired using prceeds frm the sale f any previus hmestead which was acquired with the assistance f the Veterans Administratin, the persn r persn's surviving spuse, shall be exempt frm all taxatin n said hmestead. Applicatin frms are available frm the Assessing Department. On-line law reference fr RSA 72:36-a :

5 Exemptin Prgram Blind Exemptin fr the Blind - 72:37 Every inhabitant wh is legally blind as determined by the blind services prgram, bureau f vcatinal rehabilitatin, department f educatin shall be exempt each year n the assessed value fr prperty tax purpses, f his r her residential real estate t the value f $15,000. Prvide a letter as prf. Applicatin frms are available frm the Assessing Department. On-line law reference fr RSA 72:37:

6 Exemptin Prgram fr the Disabled Exemptin fr the Disabled - 72:37-b Any persn wh is eligible under Title II r Title XVI f the federal Scial Security Act fr benefits t the disabled shall receive a yearly exemptin f $160,000, prviding they meet the fllwing criteria: 5 years residency If single, annual incme f $45,000 r less; if married, $55,000 r less Ttal assets d nt exceed $160,000 (residence nt included) Prvide prf f incme and assets. Applicatin frms are available frm the Assessing Department. On-line law reference fr RSA 72:37-b :

7 Exemptin Prgram Deaf Exemptin fr the Deaf - 72:38-b Any deaf persn r persn with severe hearing impairment shall be exempt each year n the assessed value, fr prperty tax purpses, f his r her residential real estate t the value f $15,000. Fr purpses f this sectin, "deaf persn r persn with severe hearing impairment'' means a persn wh has a 71 Db hearing average hearing lss r greater in the better ear as determined by a licensed audilgist r qualified tlarynglgist, wh may rely n a visual means f cmmunicatin, such as American Sign Language r speech recgnitin, and whse hearing is s impaired as t substantially limit the persn frm prcessing linguistic infrmatin thrugh hearing, with r withut amplificatin, s as t require the use f an interpreter r auxiliary aid. Must prvide a letter frm Licensed Audilgist. T be eligible fr a Deaf Exemptin they must meet the fllwing criteria: 5 years residency If single, annual incme f $45,000 r less; if married, $55,000 r less Ttal assets d nt exceed $160,000 (residence nt included) Applicatin frms are available frm the Assessing Department. On-line law reference fr RSA 72:38-b:

8 Exemptin Prgram Elderly (fr residents 65+ years f age) Exemptin fr the Elderly - 72:39-a The Elderly Exemptin is a prperty tax relief prgram and reduces the taxable value f the real estate f qualifying residents. The amunt f the exemptin varies depending n the age f the prperty wner r the age f the wner s spuse. 1. Between the ages f 65 and 74, the exemptin is $160, Between the ages f 75 and 79, the exemptin is $190, and ver, the exemptin is equal t the FULL VALUE OF YOUR HOME. T qualify and apply - Yu r yur spuse must be age 65 n r befre April 1st in the year the applicatin is made. Yu must be a resident f the State f New Hampshire fr at least the last 3 years. Yur real estate must be yur permanent place f residence. Yu may nly claim ne prperty as yur permanent place f residence. If married, yur cmbined, grss incme cannt exceed $55,000; if single, yur grss incme cannt exceed $45,000. Excluding yur hme*, yur assets cannt exceed $160,000. Yu must cmplete and file the fllwing: A Permanent Exemptin applicatin; an incme and asset affidavit**; a cpy f yur Federal incme tax reprt; a cpy f yur Scial Security Benefits statement; a cpy f yur State interest and dividends reprt; and, a cpy f yur inventry fr ther real estate yu wn. Paperwrk must be cmpleted befre April 15 th. *Hme = Primary residential dwelling with up t 2 acres f land. **Prperty cannt have been transferred t the applicant, frm a persn under the age f 65, and related t the applicant by bld r marriage, within the past five years. Applicatin frms are available frm the Assessing Department. On-line law reference fr RSA 72:38-b:

9 Exemptin Prgram Slar, Wind Pwer, Wd Heating Renewable Energy Prperty Tax Exemptin: NH RSA 72:61-72 permits cities and twns t ffer exemptins frm lcal prperty taxes fr certain renewable energy installatins. These include slar systems (thermal and phtvltaic), wind turbines, and central wd-fired heating systems. Wdstves and fireplaces are nt included. The gal f the exemptin is t create a tax neutral plicy within a municipality that neither increases an individual's prperty tax, nr decreases the municipality's prperty tax revenues. By implementing it as a tax neutral plicy, hmewners d nt have a disincentive f higher prperty taxes fr installing a renewable energy system, and since there is n net reductin in municipal tax revenues, ther taxpayers in a municipality are nt affected. Belw is a basic example f hw the exemptin might wrk: $200,000 Assessed value f the prperty + $20,000 Ad valrum value f the renewable energy system* $220,000 New assessed value f the prperty - $20,000 Prtin f assessed value exempt frm prperty taxes $200,000 New assessed value f the prperty w/ the renewable energy exemptin * Estimated cntributry market value f system. On-line law reference fr RSA 72: see 61-72: 72.htm

10 New Hampshire Law RSA 72:29 Definitins. I. The wrd "resident'' as used in RSA 72:28 shall mean a persn wh has resided in this state fr at least ne year preceding April 1, in the year in which the tax credit is claimed. II. The term "residential real estate'' fr the purpses f RSA 72:28-34, inclusive, shall mean the real estate which the persn qualified fr an exemptin r a tax credit thereunder ccupies as his principal place f abde tgether with any land r buildings appurtenant theret and shall include manufactured husing if used fr said purpse. III. "Exemptin'' as used in RSA 72 shall mean the amunt f mney t be deducted frm the assessed valuatin, fr prperty tax purpses, f real prperty. IV. The term "tax credit'' as used in RSA 72 shall mean the amunt f mney t be deducted frm the persn's tax bill. V. The term "surviving spuse'' as used in RSA 72 shall nt include a surviving spuse that has remarried, but if the surviving spuse is later divrced, his r her status as the surviving spuse f a veteran is regained. If the surviving spuse remarries and the new husband r wife dies, he r she shall be deemed the widw r widwer f the latest spuse and shall nt revert t the status f a surviving spuse f a veteran. VI. Fr purpses f RSA 72:28, 29-a, 30, 31, 32, 33, 35, 36-a, 37, 37-a, 37-b, 38-a, 39-a, 62, 66, and 70, the wnership f real estate, as expressed by such wrds as "wner,'' "wned'' r "wn,'' shall include thse wh have placed their prperty in a grantr/revcable trust r wh have equitable title r the beneficial interest fr life in the subject prperty. VII. The term "theater f peratins service medal'' fr the purpses f RSA 72:28-34 shall mean any medal, ribbn, r badge awarded t a member f the armed frces which establishes that the member served in a theater f war r armed cnflict, as determined by the directr f the state ffice f veterans services with written ntificatin t the department f revenue administratin. Surce. 1947, 240:1, par. 29-g. RSA 72: , 289: , 118: , 70:9, , 73: , 102:1; 390: , 265:12, eff. Jan. 1, , 170:2, eff. July 23, 2004; 238:1, eff. June 15, , 119:7, eff. July 31, , 138:1, eff. April 1, 2011.