The NH Department of Revenue Administration’s Annual Low and Moderate Income Homeowner’s Property Tax Relief

Concord, NH – June 21, 2011 – (RealEstateRama) — New Hampshire Low and Moderate Income Homeowners may receive State Education Property Tax relief by applying for such relief between May 1, 2011 and June 30, 2011.

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, 2010, 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, 2011 and June 30, 2011.

Application forms (Form DP-8) are available 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. Please be advised, due to budget constraints, the application form will not be mailed to previously qualifying residents.

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. Residents should make their request early so that they do not miss the June 30th 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 DP-8 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. Over $3 million of property tax relief was distributed to claim applicants in 2010. 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 2010 final tax bill from the municipality where the applicant resides along with a copy of the applicant’s 2010 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 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 DP-8 indicating this. Homesteads held in trust must also be verified by submission of the trust document, but may still qualify for relief.

Contact:
NH Department of Revenue Administration
109 Pleasant Street, Concord, New Hampshire 03301
(603) 271-2191 www.nh.gov/revenue