Attention Franklin Senior Homeowners - You may be entitled to a $1,000 tax reduction

Attention Franklin Senior Homeowners

You may be entitled to a reduction in the real estate tax you're required to pay this year!  July 2022

You may be entitled to a $1,000 tax reduction if you have been continuously domiciled in Massachusetts for 10 years and have owned and occupied a Massachusetts property for 5 years;

-AND-

You are single,

• Age 70 or older on July 1, 2022,

• Your income last year was $22,837 or less, and

• Your assets (checking, savings, bonds, etc.) not including your home were $37,984 or less.

-OR-

You are married,

• One of you was age 70 or older on July 1, 2022,

• Your income last year was $28,151 or less, and

• Your assets (checking, savings, bonds, etc.) not including your home were $40,696 or less.

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If you are over an above limit, you may still be entitled to a $369 tax reduction if

you have owned and occupied your Franklin property as your domicile for at least 5 years,

-AND-

Your assets (checking, savings, bonds, etc.) not including your home were $54,262 or less,

-AND-

You are a surviving spouse, any age;

-OR-

If you are single and 70 or older as of July 1, 2022,

-OR-

If you are married and one was age 70 or older July 1, 2022.

If you think you might qualify and need information or assistance in completing the application, call the Franklin Senior Center; 508-520-4945.

Some widows of veterans may be eligible for a tax exemption.

Please contact: Veterans' Services Office at (508) 613-1315

Download a copy of the flyer ->   https://drive.google.com/file/d/1sVFDjglfqtJlBBgBOjVdVsRLZ2-MdfN0/view?usp=share_link

Attention Franklin Senior Homeowners - You may be entitled to a $1,000 tax reduction