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Elderly Tax Exemption Criteria

Application MUST BE SUBMITTED NO LATER THAN APRIL 15th

The following amount will be deducted from the assessed value of your Lee property and you will be taxed on the remaining value:

  • 65 – 74 YRS: $217,500
  • 75 – 79 YRS: $262,500
  • 80+ YRS: $337,500

You must have lived in New Hampshire for at least three years in order to qualify, in addition to meeting the following income and asset limits:

  • INCOME: Single $46,500 Married $59,400
  • ASSETS: $222,500

No person shall be entitled to the exemptions or tax credits provided by RSA 72:28, 29-a, 30, 31, 32, 35, 36-a, 37, 37-a, 37-b, 38-b, 39-b, 62, 66, and 70 unless the person has filed with the selectmen or assessors, by April 15 preceding the setting of the tax rate, a permanent application therefor, signed under penalty of perjury, on a form approved and provided by the commissioner of revenue administration, showing that the applicant is the true and lawful owner of the property on which the exemption or tax credit is claimed and that the applicant was duly qualified upon April 1 of the year in which the exemption or tax credit is first claimed, or, in the case of financial qualifications, that the applicant is duly qualified at the time of application.