posted on: 3/4/2020

Veterans who qualify for the All Veterans' Tax Credit must complete an application by April 15. State law allows municipalities to extend tax credits to all veterans who have served at least 90 days and honorably discharged from the military.

According to the law, “A person shall qualify for the all veterans' tax credit if the person is a resident of this state who served not less than 90 days on active service in the armed forces of the United States and was honorably discharged or an officer honorably separated from service; or the spouse or surviving spouse of such resident, provided that Title 10 training for active duty by a member of a 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. “

The 2020 credit, which covers the 2020 tax year bills in December 2020 and June 2021, allows for a tax bill reduction of $660. The 2021 tax credit will be $750.  

Applications for veteran tax credit due by April 15

posted on: 3/4/2020

Veterans who qualify for the All Veterans' Tax Credit must complete an application by April 15. State law allows municipalities to extend tax credits to all veterans who have served at least 90 days and honorably discharged from the military.

According to the law, “A person shall qualify for the all veterans' tax credit if the person is a resident of this state who served not less than 90 days on active service in the armed forces of the United States and was honorably discharged or an officer honorably separated from service; or the spouse or surviving spouse of such resident, provided that Title 10 training for active duty by a member of a 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. “

The 2020 credit, which covers the 2020 tax year bills in December 2020 and June 2021, allows for a tax bill reduction of $660. The 2021 tax credit will be $750.

The tax credit will be subtracted each year from the property tax on a qualifying veteran's residential property.

An application for the All Veterans’ credit must be made prior to April 15 during the current tax year.

For more information, contact the City Assessor's Office at 516-6014 or visit https://go.usa.gov/xddxK.