Elderly Exemption-

2026 Elderly Property Owners Exemption RSA 72:39-a

Applications accepted after January 1, 2026       -      Deadline to apply is April 15, 2026

 

To qualify you must be:   65 years of age - and Owner of record on or before April 1, 2026.

  • A resident of NH for 3 consecutive years on or before April 1, 2026.
  • Married couples must have been married for 5 consecutive years on or before April 1, 2026. 
  • Property where exemption is claimed must be applicants principal place of abode, to the exclusion of others.
  • If applicant received a transfer of real estate from a person under the age of 65; related to him by blood or marriage, within the preceding 5 years, no exemption shall be allowed - RSA 72:40a, limitations.                                  

TOTAL INCOME from all sources including any retirement income and Social Security

Single person cannot exceed $55,000 per year     -    Married couples cannot exceed $65,000 per year

TOTAL ASSETS (as of the December 31, 2025) excluding the value of your dwelling unit: 

      Single person cannot exceed $300,000   -    Married couple cannot exceed $300,000

  • 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:

  • 2025 Federal income tax return (if you file) including all W2’s, 1099’s, etc. 
  • 2025 Form SSA 1099 - Social Security Benefit Statement.
  • 2025 VA benefits statements.
  • 2025 Form 1099 -Unemployment benefits statement.
  • Bank Statements – October, November and December 2025 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).
  • 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 - exemption will be according to age and percentage of ownership RSA 72:41 Proration

  • 65 – 74 years of age are allowed $200,000 deducted from total assessed value
  • 75 – 79 years of age are allowed $225,000 deducted from total assessed value
  • 80 + Years of age – the exemption is equal to the FULL VALUE OF YOU HOME   

Click here for the 2026 Elderly Exemption Application