View Single Post
Old 12-13-2017, 06:13 PM   #80
Major
Senior Member
 
Major's Avatar
 
Join Date: May 2013
Location: Laconia
Posts: 1,056
Thanks: 435
Thanked 1,000 Times in 415 Posts
Default Veteran's Tax Credit

Quote:
Originally Posted by trackeer View Post
FYI,

For those NH residents and their Primary residence as a veteran, any veteran, can now apply for some tax exception, this is new this year for all veterans and is $400 towards your 2018 Tax bill, again this is for your primary residence only and for Veterans in NH at their primary residence, it will or I was told it will go up every year and match any veteran benefit in place now.

Although I served 24 years in the Reserves and National Guard, I did not qualify for the Veterans Tax Credit. The Laconia City Council opened this up for me and others who like me served but did not qualify. I reached out the Assessor's Office for clarification, and here is their response --

"The State of New Hampshire has added RSA 72:28b to the statutes. It now makes opportunity for municipalities to provide the tax credit to those veterans who did not serve during a qualifying wartime. That means if you were honorably discharged and your DD-214 states that, you can qualify for the credit. The City has adopted the statute and the option to phase in the credit. Therefore, if you qualify, you would receive an initial credit of $150 for April 1, 2018, $300 for April 1, 2019 and the $500 in April 1, 2020.

You may come into the office anytime between now and April 15, 2018, to apply for the veteran’s credit. It will be effective on April 1, 2018."

Good luck to those who qualify.
Major is offline   Reply With Quote