Tax Credits & Exemptions

Veteran's Tax Credit: RSA 72:28
credit amount: $ 450/$2,000

When to File: No later than April 15th, before the tax bill.

Qualifications:
1. Applicant must have served not less than 90 days in the US Military in a "qualifying war or armed conflict" as described in RSA 72:28.
2. Applicant must have been honorably discharged.
3. Applicant must be legal owner of the property or spouse of legal owner and it must be the primary residence of the applicant.
4. Surviving spouse of qualifying veteran.

Documents Required from Applicant:

1. Form DD214 for qualifying veteran showing: a) medals earned, (b) dates of service and (c) honorable discharge.
2. Veteran's Information section of Form PA-29 (green card) must be completed
3. Surviving spouse must present Form DD214 and Death Certificate. If death was service connected, spouse must present DD1300 or a letter from the VA or other military entity stating death was service-connected. Credit for service-connected death is $2,000.

Disabled Veteran Credit: RSA 72:37-b
credit amount: $2,000 (additional $450 Veteran's Credit will be added)

When to file: No later than April 15th, before the tax bill.

Qualifications:

1. Applicant must have served not less than 90 days in the US Military in a "qualifying war or armed conflict" as described in RSA 72:28.
2. Applicant must have been honorably discharged.
3. Applicant must be legal owner of the property or spouse of legal owner and it must be the primary residence of the applicant.
4. If both spouses are disabled veterans, only ONE credit is applied.

Documents Required from Applicant:

1. Form DD214 for qualifying veteran showing: a) medals earned, (b) dates of service and (c) honorable discharge.
2. Veteran's Credit section of Form PA-29 (green card) must be completed.
3. Must provide a Certification Letter form the US Department of Veterans' Affairs stating that applicant is totally and permanently disabled due to service-connected reason.
4. Veteran's Information section of Form PA-29 (green card) must be completed.

Elderly Exemption: RSA 72:39-a
exemption amount: Age 65-74.....$85,000
                               Age 75-79......$127,500
                               Age 80 +........$ 161,500

Qualification:

1. Applicant must be at least 65 years old by April 1st in the year exemption is being claimed. If married, eldest of the couple should apply.
2. Applicant must have been a resident of NH for at least 3 years as of April 1st in the year exemption is being claimed.
3. Property must be applicant's primary residence and owned by the applicant or their spouse to whom the applicant has been married at least 5 years.
4. Applicant must meet income and set guidelines set by the Town of Barrington. If married, both the husband's and wife's and joint incomes and assets apply.

Note: If the applicant has a deeded "Life Estate" to the property they are entitled to this exemption.
Note: No exemption shall be allowed under RSA 72-39-b if the resident applying has received transfer of real estate from persons under the age of 65 related to them by blood or marriage within the
preceding 5 years.

Limitations:

Income: Single: $30,000     Married:  $50,000
Assets: $ 125,000 (excluding primary residence and 2 acres of land)

Documents Required from Applicant:

1. Applicant must provide proof of age (ID car, Driver's License, etc.)
2. Standard Exemptions section of Form PA-29 must be completed.
3. Completed Elderly Tax Exemption Qualification Form.
4. Applicant must produce for examination information regarding ALL income and assets including those of their own, their spouse and those owned jointly with their spouse or some other party (example: SSA-1099, bank statement and verification of assets listed, completed Income Tax Return).

Blind Exemption RSA 72:37
exemption amount: $15,000

When to file: no later than April 15th before the tax bill

Qualification:

1. Applicant must be legally blind
2. Applicant must have been legally blind as of April 1st of the year in which exemption is being claimed
3. Applicant must be legal owner of the property and it must be the primary residence of the applicant.

Documents Required from Applicant:
1. Blind Exemption section of Form PA-29 must be completed.
2. Applicant must provide a letter from Blind Services, Bureau of Vocational Rehab, and/or Department of Education.

Disability Exemption RSA 72:37-b
exemption amount: $50,000

When to File: No later than April 15th before the tax bill

Qualifications:

1. Applicant must be legal owner of the property and it must be the applicant's principle place of abode.
2. Applicant must have qualified under Title II or Title XVI of the Social Security Act as of April 1st in the year for which they are applying for the exemption
3. Disabled person must meet income and asset guideline as outlined on the qualification sheet.

Note: If both spouses qualify, only one exemption may be granted.

Documents Required From the Applicant:
1. Applicant must provide documentation showing they are eligible under Title II or XVI of the Social Security Act.
2. Must complete the Application Sheet.
3. Must produce for examination, all of the required income and asset information.
4. Standard Exemptions section of Form PA-29 must be completed.

Solar Exemption RSA 72:61
exemption amount: $5,000

When to file:No later than April 15th before the tax bill

Qualifications:

1. Applicant must be the legal owner of the property.
2. System must adhere to the description of a Solar Heating/Cooling System in RSA 72:61
3. All Solar Heating/Cooling Systems must be inspected by the Barrington Building Inspector in order to qualify for exemption.

Documents Required from Applicant:

1. Solar Energy System Exemption section of Form PA-29 must be completed.
2. A letter from the Barrington Building Inspector stating that the solar energy system has been inspected and complies with the requirements of RSA 72:61

Form PA-29