Veterans Tax Credits

The Town of Northwood has adopted State of NH - RSA 72:28 – Optional Veterans’ Tax Credit.

A person shall qualify for the standard veterans' tax credit or the optional veterans' tax credit if the person is a resident of this state who is a veteran, as defined in RSA 21:50, and served not less than 90 days on active service in the armed forces of the United States in any qualifying war or armed conflict listed in RSA 72:28, and continues to serve or was honorably discharged or an officer who continues to serve or was honorably separated from service; or the spouse or surviving spouse of such resident. (NOTE: 'Under Honorable Conditions' does not qualify.)

The Town of Northwood has adopted State of NH - RSA 72:28-b - All Veteran’s Tax Credit.

A person shall qualify for the all veterans' tax credit if the person is a resident of this state who is a veteran, as defined in RSA 21:50, and served not less than 90 days on active service in the armed forces of the United States and continues to serve or was honorably discharged or an officer who continues to serve or was honorably separated from service; or the spouse or surviving spouse of such resident, provided that training for active duty or state active duty by a member of the national guard or reserve shall be included as service under this paragraph; provided however that the person is not eligible for and is not receiving a credit under RSA 72:28 or RSA 72:35. (NOTE: 'Under Honorable Conditions' does not qualify.)

As required for the Standard and Optional Veteran’s Credit (RSA 72:28), the veteran must be a resident of the State of NH for one year as of April 1^st of the year of application and also be the owner of the property and using the property as their primary residence as of April 1^st of the year of application.

Filing deadline is April 15, Applications are accepted after January 1.

Tax Credit

• Standard Veteran Credit  - $250 deducted annually from tax bill
• Veterans Disability - $1,400 deducted annually from tax bill

FORMS REQUIRED:

1.) PERMANENT APPLICATION FOR PROPERTY TAX CREDITS/EXEMPTIONS - PA-29 FORM

2.) DEPARTMENT OF DEFENSE FORM DD214 MEMBER 4 (DISCHARGE PAPER) OR VETERAN STATE COUNCIL APPROVED DOCUMENT

3.) IF PROPERTY/ESTATE IS IN A TRUST - PA-33 FORM

4.) If the surviving spouse is applying, the death certificate of the veteran must be provided.

If you need assistance in getting your Form DD-214 you can submit a request online.

SERVICE-CONNECTED DISABILITY EXEMPTION is available to Northwood residents who have suffered a total and permanent service-connected disability, or who are a double amputee or paraplegic because of a service-connected injury, or are the surviving spouse who has not remarried.

FORMS REQUIRED:

1.) PERMANENT APPLICATION FOR PROPERTY TAX CREDITS/EXEMPTIONS - PA-29 FORM

2.) DEPARTMENT OF DEFENSE FORM DD214 MEMBER 4 (DISCHARGE PAPER) OR VETERAN STATE COUNCIL APPROVED DOCUMENT

3.) DOCUMENTATION FROM THE DEPARTMENT OF VETERANS AFFAIRS VERIFYING RATING TO BE TOTALLY AND PERMANENTLY DISABLED DUE TO A SERVICE-CONNECTED INJURY.

4.) IF PROPERTY/ESTATE IS IN A TRUST - PA-33 FORM

Veterans’ Tax Credit Eligibility Requirements (RSA 72:28-72:36-a)

• Must be owner of the property and the owner’s primary residence as of April 1^st.
  1. Includes persons who have equitable title or beneficial interest for life in the subject property
• For RSA’s 72:35, 72:29-a and 72:36-a applicant shall have been a resident of the municipality on April 1^st of the year in which the credit is claimed.
• For RSA’s 72:28 and 72:28-b, must be a resident of the State of New Hampshire for one year preceding April 1^st of the year in which the credit is claimed.
• Owner must file a permanent application after January 1^st and no later than April 15^th.