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Elderly Exemption

  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 on the date of your application

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
  • 3 months of statements for checking and/or savings accounts
  • Statements for CD, IRA, 401K, stocks and/or bonds, life insurance policies, money market, etc
  • 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.