How do I apply for property tax relief?

In New Hampshire, applying for property tax relief can be done in several ways. Depending on the situation, you may be eligible to apply for a property tax exemption, deferment, or abatement. An exemption reduces your taxes by a set percentage of the value of your property. As an example, New Hampshire offers an exemption of up to $20,000 of assessed value for property owners who are over 65 years of age and meet certain income criteria. You can find more details and an application form on the New Hampshire Department of Revenue Administration website. Deferment is when you agree to delay payment of the tax until a later date, such as when you sell or transfer the property. To apply for a deferment, you must fill out an application form and provide evidence of your financial burden. This can include proof of income, bills, or other financial documents. An abatement is a reduction or cancellation of taxes due to a hardship. To apply for an abatement, you must again fill out an application form and provide evidence of financial hardship. This may include evidence of disabilities, unemployment, or other circumstances that make it difficult to pay your taxes. You can find more information on the application process on the New Hampshire Department of Revenue Administration website. If you have additional questions regarding property tax relief in New Hampshire, you can contact your local tax office for more information.

Related FAQs

What is a property tax rebate?
What is the difference between property taxes and income taxes?
What is a property tax assessment appeal?
How often do property taxes need to be paid?
What is an exemption from property taxes?
What types of property are subject to property taxes?
How do property tax exemptions work?
What are the benefits of appeal a property tax assessment?
How do I resolve property tax disputes?
What is the difference between real and personal property?

Related Blog Posts

A Guide to Understanding Property Tax Laws - July 31, 2023
Comprehensive Overview of Property Tax Regulations - August 7, 2023
What Every Property Owner Should Know About Property Tax Laws - August 14, 2023
Calculating Property Tax Liability in Simple Steps - August 21, 2023
Exemptions and Deductions: Lowering Your Property Tax Bill - August 28, 2023