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.
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