FY10
PROGRAMS AVAILABLE TO SENIORS
EXEMPTIONS:
The exemption releases an individual from the requirement to pay all or a fraction of their property tax obligations. Exemptions are available to those individuals that meet the various requirements in the following categories:
Clause 17D – Seniors/ Assets only
70 years or older as of July 1st of the tax year
Owner of domicile for at least 5 years
Total value of whole estate: $53,169
Amount deducted from tax bill: $232.87
Clause 41C – Seniors
65 years or older as of July 1st of the tax year
Owner of domicile in Massachusetts for last 5 years and a resident of MA for the last 10 years
Income requirements: Single Married
$29,260 $43,059
Asset requirements: Single Married
$51,256 $70,093
Amount deducted from tax bill: $1,000
Tax Deferral
65 years or older as of July 1st of the tax year
Owner and resident of domicile in Massachusetts for the last 5 years and also a resident of MA for the last 10 years
Income cannot exceed $40,000
All or a portion of the tax can be deferred at 2% interest, provided this amount does not exceed 50% of the value of the property.
Lien is placed on property to ensure payment of deferred amount of taxes when the sale of the property or the death of the applicant occurs.
Senior Work Off Program
60 years or older as of July 1st of the tax year
Owner of domicile
Work 93.75 hours at a rate of $8.00 per hour, for up to $750 off tax bill
Elderly and Disabled Taxation Fund
65 years or older as of July 1st of the tax year
Owner of domicile
Disabled (defined as a person who is not able to work)
Applicant must reside in the Town of Harvard
Income limits: Single - $35,000 Married - $45,000
Assets and extraordinary circumstances will be considered in determining eligibility. Amount deducted from tax bill will be determined by Tax Aid Committee.
Other programs through the Assessing Department are the Blind Exemption and Disabled Veteran Exemptions.
If you need any assistance with these programs please feel free to contact Celia Jornet, Assistant Assessor, at Town Hall during regular business hours at 978-456-4100 x15 or via email at cjornet@harvard.ma.us.
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