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.

The 2024 Exemption for Deaf or Severely-Hearing Impaired Person Application will be here and in our office the last week of December 2023.