Exemption for Deaf or Severely Hearing Impaired Person-
Exemption for Deaf or Severely Hearing-Impaired Person RSA 72:38-b
Applications accepted after January 1, 2024 - Deadline to apply is April 15, 2024
To qualify you must be: the owner of record on or before April 1, 2024.
- A resident of NH for 5 consecutive years on or before April 1, 2024.
- Property where exemption is claimed must be applicant’s principal place of abode to the exclusion of others.
TOTAL INCOME from all sources including any retirement income and Social Security:
Single person cannot exceed $45,000 per year - Married couples cannot exceed $55,000 per year
TOTAL ASSETS (as of December 31, 2023) excluding the value of your dwelling unit:
Single person cannot exceed $160,000 - Married couple cannot exceed $160,000
- 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, money markets, life insurance cash value, etc.
- Any other real estate owned in the United States or Abroad (individually, jointly, in common, fractional) including land, mobile homes, condos, timeshares etc. Supporting documents must be supplied.
- Other assets tangible or intangible, less any good faith encumbrance.
All Income & Assets must be verified with the proper documentation:
- 2023 Form SSA 1099 – Social Security Benefit Statement
- 2023 Federal income tax return (if you file) including all W2’s, 1099’s, etc.
- 2023 VA benefits statements
- 2023 1099 for Unemployment benefits statement
- 2023 State Interest and Dividends Tax Forms
- Bank Statements -October, November and December 2023 statements (full copies) for all checking and savings accounts
- Current statements for CD, IRA, 401K, stocks and/or bonds, money markets, “Surrender Value” of life insurance policies, etc.
- Property Tax Inventory Forms filed in any other town
- Copy of your Trust and Trust Amendments. (Attorney’s affidavit may be required annually)
- Copy of Driver’s license or birth certificate
- Current mortgage statement if you own more than a single family home.
- Documentation of any Alimony, Child Support, Rental, and Assistance from others.
If you qualify your exemption will be in the amount of $15,000 of assessment deducted from your total assessed value.