WILMINGTON, MA – To all Wilmington real estate taxpayers who may be eligible for a property tax exemption (Veterans, Elderly, Widows/Widowers, Blind, Paraplegics, etc.) in FY 2016, please be advised that the Board of Assessors will accept applications starting in October.
If you received an exemption for FY 2015 property taxes, an exemption application will be mailed to you by the Assessors’ Office in October. By Massachusetts General Law, applications for FY 2016 are due to the Board of Assessors by April 1, 2016, which is 3 months after the mailing of the actual tax bill on January 1st. The Board then has 3 months to act on the application and may request further information from you regarding your eligibly during that time.
Please remember that filing for an exemption is by ANNUAL application. Your qualifications and status may change from year to year as well as the eligibility requirements for certain exemptions.
Voters at the Annual Town Meeting passed articles that increased the Income and Asset Limits substantially over last year’s numbers. If you have not qualified in the past, you may now qualify.
Senior Exemptions have Age, Ownership, Residency, Income and/or Asset requirements. The FY16 Senior Income requirements for Chapter 41C are as follows:
SNGLE – Income Limit of $24,523 – Asset Limit (excluding Domicile) of $40,000
MARRIED – Income Limit of $36,785 – Asset Limit (excluding Domicile) of $50,000
For seniors (over 70) or Surviving Spouse, the Clause 17D FY16 ASSET requirements may not exceed $50,000, excluding the domicile. There are NO income requirements for their exemption.
If you apply and qualify for an exemption, the board will notify you by sending a green Exemption Certificate after the January 1st bill.
The Assessor’s Office will have brochures available explaining the types and qualifications for the various exemptions. For more information, you may also review the back of your tax bill which outlines the application filing deadline. Visit the Assessor’s website to view a brochure that summarizes the exemption qualifications at www.wilmingtonma.gov/Pages/WilmingtonMA_Assessor/ex or contact the Assessor’s Office at 978-658-3675.
(NOTE: The above is from the latest Town Topics Newsletter.)
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