The Department of Revenue Administration’s Annual Property Tax Relief for NH
Concord, NH – April 27, 2010 – (RealEstateRama) — New Hampshire Low and Moderate Income Homeowners may receive state education property tax relief by applying after May 1, 2010.
Low & Moderate Income Homeowner’s Property Tax Relief
New Hampshire residents who own a homestead subject to the State Education Property Tax, resided in the homestead as of April 1, 2009, 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 between May 1 and June 30, 2010.
Please be advised, effective for the 2009 claim year, the application Form DP-8 will not be mailed to previously qualifying residents. Forms will be available by May 1st on the Department’s web site at: www.nh.gov/revenue. Granite State residents can also find more information about the program and check the status of their application on this site. Forms and Frequently Asked Questions brochures will also be available at most local municipal offices.
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) 271-2192. Delivery of forms requested by telephone may take up to two weeks. Residents should make their request early so that they do not miss the deadline. 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 for submission by mail.
Over 17,000 claims are submitted each year resulting in an average $120.00 of State Education Property Tax Relief per household. $3.1 Million of property tax relief was distributed to claim applicants in 2009. 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 2009 final tax bill from the municipality where the applicant resides along with a copy of the applicant’s 2009 federal income tax return (1040-EZ, 1040A, etc). Applicants are reminded that the NH Department of Revenue is a state taxing agency and cannot determine an individual’s federal tax liability. If you are unsure of 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 indicating this. Homesteads held in trust must also be verified by submission of the trust document, but may still qualify for relief.