Disabled Exemption
*Please print and complete both applications above
Disabled Exemption Qualifications
Criteria
- The applicant must have been a New Hampshire resident for five years prior to April 1st.
- The applicant must have owned the residence by April 1st individually or jointly, or if a spouse owns the resuidence, they must have been married for at least five years.
- The applicant must have a net income of less then $35,000. If married, a combined net income of less than $50,000.
- Net income is to be determined by deducting from all monies received from any source whatsoever, the amount of any of the following, or the sum thereof:
- Life insurance paid on the death of the insured
- Expenses and costs incurred when conducting a business enterprise
- Proceeds from the sale of assets
- The applicant cannot have assets in excess of $150,000, excluding the value of the dwelling. Any units of a multi-family home not occupied by the exemption recipient are considered to be an asset.
- If your income or asset level changes and you no longer qualify for the exemption, you are obligated by law to advise the Assessing Department.
- If your property is held in a trust, you must supply a copy of the trust instrument and a State of Qualification (PA-33) must be completed and submitted with the appropriate documents (see below).
Disabled homeowners, regardless of age, may apply for the disabled exemption.
Also, proof of 100% disability must be provided through Social Security Administration/
IF APPROVED: Exemption = $70,000
Documents required for NEW Applicants
- SSA – 1099 Statement (Social Security Benefit Statement)
- Previous year’s income tax form – If not filing a federal income tax form, the following forms will be required if applicable:
- 1099R – Distribution of pensions, annuities
- W-2 Wage Statements
- 1099 Interest Statement
- Bank statements and verification of assets listed