Norwell Personal Real Estate Tax Exemptions
FOR FISCAL YEAR 2024 USING PERSONAL INCOME AND ASSETS
Senior: Age 70 as of July 1st of the prior year
CLAUSE | QUALIFICATIONS | MAX. INCOME | MAX. ASSETS | EXEMPT AMOUNT |
---|---|---|---|---|
41D | Age 70 or older - Single | $26,118.90 | $56,254.90 | $1,000 |
41D | Age 70 or older - Married | $30,013.57 | $60,273.39 | $1,000 |
17E | Surviving Spouse or minor chld of any age , senior 70 or olderas of July 1st the prior year. | N/A | $79,439.07 | $175 |
Veteran:
CLAUSE | QUALIFICATIONS | MAX. INCOME | MAX. ASSETS | EXEMPT AMOUNT |
---|---|---|---|---|
22 | 10% min. Service Connected Disability or Purple Heart Award | N/A | N/A | $400 |
22A | Loss of Foot, Hand or Eye | N/A | N/A | $750 |
22B | Loss of Two Limbs or Eyes | N/A | N/A | $1,250 |
22C | Disability with "Specially Adapted Housing" | N/A | N/A | $1,500 |
22D | Surviving Spouses who died in Combat, or by Service Connected Disease, etc. | N/A | N/A | 100% |
22E | 100% Service connected Disability | N/A | N/A | $1,000 |
22F | Paraplegic due to Service Injury | N/A | N/A | 100% |
Other Exemptions:
CLAUSE | QUALIFICATIONS | MAX. INCOME | MAX. ASSETS | EXEMPT AMOUNT |
---|---|---|---|---|
37A | Legally Blind Certificate | N/A | N/A | $500 |
17E | Surviving Spouse or Orphaned Minor Child | N/A | $69,710.92 | $175 |
18 and 18A | Hardship Deferral - There are several qualifications. |
| Seek further information from the Assessors. | |
CPA | Community Preservation Act - There are several qualifications. | Seek further information from the Assessors. |
Deferred Tax Payment: Age 65 as of July 1st
CLAUSE | QUALIFICATIONS | MAX. INCOME | MAX. ASSETS | EXEMPT AMOUNT |
---|---|---|---|---|
41A | Age 65 or older - single | $62,000 | N/A | Varies |
41A | Age 65 or older - married | $93,000 | N/A | Varies |
41A | Age 65 or older - head of household | $78,000 | N/A | Varies |
Deferred taxes accumulate with simple interest at 2% as a lien on the property until it is sold or the owner is deceased.
If you have any questions, please call us at 781-659-8014.