Property Tax Exemptions Available to Jackson Taxpayers
ALL VETERAN’S TAX CREDIT – RSA – 72:28-b
A person shall qualify for the All Veteran’s Tax Credit if the person is a resident of this state who served not less than 90 days on active service in the armed forces of the United States, and
Was honorably discharged or an officer honorably separated from service; or the spouse or surviving spouse of such resident, provided that Title 10 training for active duty by a member of a national guard or reserve shall be included as service under this paragraph;
Provided however that the person is not eligible for and is not receiving a credit under RSA 72:28 or RSA 72:35.
The applicant must provide a copy of their DD214 (discharge document) or other sufficient proof when applying for this credit.
The credit is in the amount of $500 and is applied to the amount of taxes owed. (Passed by voters in March 2017)
A husband and wife, each qualifying for a tax credit, shall each be granted a tax credit upon the residential real estate as provided under RSA 72:28, I or II.
IMPORTANT: Filing deadline is April 15th.
Application forms are available from the Assessing Department.
On-line law reference for RSA 72:28 : https://www.gencourt.state.nh.us/rsa/html/V/72/72-28-b.htm
DISABLED VETERAN TAX CREDIT – RSA 72:35
The applicant must provide a copy of their DD214, (discharge document), or other sufficient proof when applying for this credit.
A Disabled Veteran Tax Credit is in the amount of $1,400 and is deducted from the amount of taxes owed. (Passed by voters in March, 2004)
Any person who has been honorably discharged or an officer honorably separated from the military service of the United States and who has total and permanent service-connected disability, or who is a double amputee or paraplegic because of service-connected injury, or the surviving spouse of such a person, shall receive a standard yearly tax credit in the amount of $1,400 of property taxes on the person`s residential property. The qualification for this credit includes the applicant providing written documented proof that the veteran has been determined, by the US Veteran`s Administration, to be totally and permanently disabled as a result of a service-connected injury.
IMPORTANT: Filing deadline is April 15th.
Application forms are available from the Assessing Department.
On-line law reference for RSA 72:35 : https://www.gencourt.state.nh.us/rsa/html/V/72/72-35.htm
BLIND EXEMPTION: RSA 72:37
Must be legally blind as determined by The Blind Services Department of the Vocational Rehabilitation Division of the Education Department. Amount of exemption is $25,000* deducted from his/her residential real estate equalized.
Filing deadline is April 15th.
For information and applications concerning the following categories, please contact the Office of the Selectmen, PO Box 268, 54 Main Street, Jackson, NH, at 603-383-4223.
ELDERLY EXEMPTION: RSA 72:39-a
Must be a resident of NH for at least three years prior to April 1st of year exemption is applied. Must be 65 years of age on or before April 1st of year for which exemption is claimed. Own real estate individually or jointly (if real estate owned by spouse, must have been married at least 5 years).
Net income of $45,000 (single) or $65,000 (if married).
Asset limitation of $100,000 excluding the value of residence.
Amount of exemption:
65-74 years of age: $50,000
75-80 years of age: $75,000
80 years or older: $100,000
Filing deadline is April 15th.The applicable amount is deducted from the assessed value of property before tax is figured.
ELDERLY AND DISABLED TAX DEFERRAL APPLICATION: RSA 72:38-a
Any resident property owner may apply for a tax deferral if the person:
Is either at least 65 years old or eligible under Title II or Title XVI of the federal Social Security Act for benefits of the disabled; and
If at least 65 years old, has owned the property for at least 5 years; and is living in the home
If disabled, has owned the property for at least 1 years; and is living in the home
Tax deferral may be granted for all or part of taxes due. Annual interest of 5% accrues. Total tax deferrals shall not be more than 85% of assessed value of a property.
Undue Hardship or Possible Property Loss: Tax deferral may be granted, if in the opinion of the Board of Assessors, the tax liability causes the taxpayer an undue hardship or possible loss of the property.
Filing deadline is March 1st.
SOLAR EXEMPTION: RSA 72:61 – 64
Home owners who have installed solar energy can file for a solar energy system (property tax) exemption with the town of Jackson. RSA 72:61 through RSA 72:64 inclusively, which provide for an optional property tax exemption from the property’s assessed value, for property tax purposes, for persons owning real property which is equipped with solar energy systems intended for use at the immediate site. “Solar Energy Systems” are defined in RSA 72:61 as “A system which utilizes solar energy to heat or cool the interior of a building or to heat water for use in a building and which includes one or more collectors and a storage container. ‘Solar energy system’ also means a system which provides electricity for a building by the use of photovoltaic panels.” The property tax exemption shall be in the amount equal to 100% of the assessed value of qualifying solar energy equipment under these statutes.
Filing deadline is April 15th.
