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NH Tax Relief: Low and Moderate Income Homeowners May Receive State Education Property Tax Relief

(Source: New Hampshire Department of Revenue) – New Hampshire Low and Moderate Income Homeowners may receive State Education Property Tax relief by applying for such relief during the filing period – after May 1, 2013, but no later than June 30, 2013.

Low & Moderate Income Homeowner’s Property Tax Relief

The Low & Moderate Income Homeowner’s Property Tax Relief provisions were designed to lessen the economic burden of the State Education Property Tax on certain at-risk taxpayers.

New Hampshire residents who own a homestead subject to the State Education Property Tax, resided in the homestead as of April 1, 2012, and have a total household income of $20,000 or less if a single person (or $40,000 or less if married or head of household) may apply for property tax relief during the filing period – after May 1, 2013, but no later than June 30, 2013.

In 2012, $2.3 million of property tax relief was distributed to claim applicants. Over 11,600 claims were submitted, resulting in an average $197.62 of State Education Property Tax Relief per household. Starting on April 29, 2013, application forms (Form DP-8) will be available on the NH Department of Revenue Administration’s web site at: www.revenue.nh.gov. Older versions of the form cannot be accepted by the Department. The form and Frequently Asked Questions brochures will also be available at most local municipal offices. In addition, many state libraries, including the thirteen or more NH State Depository libraries, allow residents to utilize their computer Internet services to complete and print a Form DP-8 for submission by mail. Residents who do not have access to the Internet or who cannot pick up a form at their local municipal office may request a form by telephone at (603) 230-5001. Please be advised, due to budget constraints, the application form will not be mailed to previously qualifying residents.

Granite State residents can find more information about the Low & Moderate Income Homeowner’s Property Tax Relief program and check the status of their application on the Department’s website. Please note, one of the most common reasons an applicant may see a delay in the response is due to lack of proper attachments. Completed claim forms must be accompanied by a copy of the 2012 final tax bill from the municipality where the applicant resides along with a copy of the applicant’s 2012 federal income tax return (1040-EZ, 1040A, etc). Applicants are reminded that the NH Department of Revenue Administration is a state taxing agency and cannot determine an individual’s federal tax liability. If you are unsure whether you are required to file federally, you may contact the IRS at 1-800-829-1040. If you are not required to file with the IRS, you may check a box on the Form DP-8 indicating this. Homesteads held in trust must also be verified by submission of the trust document, but may still qualify for relief.

(603) 230-5006 www.revenue.nh.gov

Source: New Hampshire Department of Revenue

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