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;
• Age 70 or older on July 1, 2021,
• Your income last year was $21,393 or less, and
• Your assets (checking, savings, bonds, etc.) not including your home were
$35, 499 or less.
-OR-
You are married,
• One of you was age 70 or older on July 1, 2021,
• Your income last year was $26,385 or less, and
• Your assets (checking, savings, bonds, etc.) not including your home were
$38, 034 or less.
If you are over an above limit, you may still be entitled to a $345 tax reduction if you have owned and occupied your Franklin property as your domicile for at least 5 years,
Your assets (checking, savings, bonds, etc.) not including your home were
$50,712 or less,
-AND-
You are a surviving spouse; or single 70 or older July 1, 2021,
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