Senior Property Tax Relief

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Tax Tips for Seniors and Retirees

 

Senior Tax Exemption Guidelines

Circuit Breaker Tax Credit

The Massachusetts "CIRCUIT BREAKER" TAX PROGRAM is for persons 65 or over whose property taxes (or 25% of rent) exceed 10% of their annual gross income and who meet other qualifying criteria. You may be eligible even if you receive a property tax exemption through your city/town.

"Senior $ents" — DOR /Massachusetts Elder Affairs Resource

The Department of Revenue teamed up with Elder Affairs to put together an awareness campaign to educate seniors about the many state income and local property tax breaks they may be eligible to claim.   We have developed an eligibility flyer for the senior circuit breaker and sent out a news release which explains the tax relief in greater detail.

Of Interest RE Foreclosures...

Bankrate Article
[ Excerpt ] "What happens to a house when the beleaguered owner moves out, and the lender never finishes the foreclosure paperwork? — It becomes a 'zombie house.'
The term "zombie house" applies because the absent homeowner is still legally responsible for the foreclosed property and can be haunted by:

  • Property taxes.
  • Homeowners association fees.
  • Fines for building code violations.
  • Other expenses. "

Courtesy — Norma Simons Fitzgerald, MSW, LICSW, Executive Director, Sharon Council on Aging