The following tax exemptions and credits are allowed by statute and have been adopted by the Town of Walpole. Applications must be filed by April 15th or the current tax year.
A PA-29 form is to be completed for each exemption or credit.
If you have questions or concerns, please contact the Selectboard Office.
Blind Exemption
The Blind Exemption program is a property tax relief program for residents that are visually impaired. The exemption reduces the taxable value of the real estate of qualifying residents. The Town of Walpole’s Blind Exemption is $15,000.
Elderly Exemption
The Elderly Exemption is a property tax relief program for residents over the age of 65. The exemption reduces the taxable value of the real estate of qualifying residents. Applicants must complete the Elderly Exemption worksheet which is reviewed by the Manager of Administration. Income and asset information for this need-based exemption remains confidential.
Low & Moderate Income Homeowners Property Tax Relief
The NH Low & Moderate Income Homeowners Property Tax Relief Program is designed to lessen the economic burden of the State Education Property Tax on certain at-risk taxpayers. The application period is between May 1 to June 30th.
Solar Energy Systems
The Town of Walpole approved an optional solar energy system exemption which means a system which utilizes solar energy to heat or cool the interior of a building or to heat water. The energy generated is to be used for that specific property and not sold for profit to the electric grid. The solar installation with the exemption applied becomes “tax neutral”.
Veterans Tax Credit
The Town of Walpole offers three types of tax credit for qualified veterans, their spouse, or surviving spouse. This credit has also been extended to include Active Duty military as well, starting with the 2023 tax year. Please read the full application for details. A DD-214 or applicable military separation paperwork is required with the application or Leave and Earnings Statement for Active Duty.
Veterans who serviced during a time of conflict will qualify for the Veterans’ Credit. Those who served during a non-conflict time, can apply for the All Veterans’ Credit. For assistance clarifying which time frame is applicable, contact the Selectboard Office.
Additionally, veterans who are 100% disabled due to injuries incurred due to military service should contact the Selectboard Office regarding the application process.
Veterans whose home has been placed in a revocable trust, must complete a PA-33 form in addition to the PA-29 form.
Applications are due by April 15th each year. If approved, the exemption will go into effect with the first bill of the new tax year the following December.
Once approved, veterans or their surviving spouse are required to recertify every five years.
- Veteran's standard tax credit ($500)
- All Veteran's Tax Credit ($500)
- Service Connected Total Disability credit ($1,400)