1. Upon approval of qualifications for the elderly exemption the water & sewer departments will automatically be notified.
2. If you feel you qualify for an exemption, fill out the Elderly Exemption Application along with the PA-29 then schedule an appointment with our office.

To qualify you must be:

• The owner of record on or before April 1st
• A resident of  NH for 3 consecutive years on or before April 1st
• If real estate is owned by a spouse, they must have been married for 5 consecutive years on or before April 1st
• 65 years of age on or before April 1st
• Must reside at property where exemption is claimed
• Applicants owning fractional property interest can receive a tax credit and/or exemption in proportion to their percentage of ownership interest
• If a property is held in a trust or a life estate, the applicant is required to complete a PA-33 form

Total income from all sources including any retirement income and Social Security:

• Single person cannot exceed $47,000 per year
• Married person cannot exceed $63,000 per year

Asset qualifications will include any assets as of 12.31 of the previous year

Total allowed assets of $100,000 for single taxpayers and $130,000 for married taxpayers, excluding the value of your dwelling unit:

•  Include all personal property such as cars, trucks, RV’s, trailers, antiques, furniture & jewelry.
• Checking and Savings account balances.
• CD’s, IRA’s, mutual funds, stocks, bonds, annuities, life insurance policies, money market etc.
• Any other real estate owned anywhere (individually, jointly, in common, fractional) including land, mobile homes, condos, timeshares etc.
• Other assets tangible or intangible less any indebtedness.

You must provide the following (if filed):

• Property Tax Inventory Forms filed in any other town
• Federal income tax form with W2’s attached including all 1099 forms
• State Interest and Dividends Tax Forms
• 12 months of statements for checking and/or savings accounts
• Statements for CD, IRA, 401K, stocks and/or bonds, life insurance policies, money market, etc as of 12.31 of the previous year
• Statements of Social Security income and/or statement of VA benefits
• Copy of the Trust if property is owned by a trust
• Drivers license or birth certificate, Power of Attorney documentation

If you qualify your exemption will be:

• 65-74 years of age are allowed $156,000 assessed value deducted from total assessed value.
• 75-79 years of age are allowed $210,000 assessed value deducted from total assessed value.
• 80+ years of age are allowed $280,000 assessed value deducted from total assessed value.