Fiscal Year 2023
YOU MUST MEET ALL ELIGIBILITY REQUIREMENTS AS OF JULY 1 OF THE TAX YEAR 2022
ALL REQUIRED DOCUMENTS MUST BE INCLUDED WITH THE EXEMPTION APPLICATION OR IT WILL BE RETURNED
CLAUSE 17E Surviving Spouse, Minor Child, Elderly Person: (Over 70)
All applicants must have owned and occupied the property on which the exemption is
being filed for the past 5 consecutive years and must have had a domicile or legal home
in Massachusetts for 10 consecutive years.
Must have no more than $73,105.00 in assets (excluding primary residence.)***
Exemption Amount: $370.00 (FY 2023)***
CLAUSE 37A Legally Blind Person:
You must own and occupy the property.
Legal blind person who is a legal resident of the Commonwealth of Massachusetts.
You must submit a current “Certificate of Legal Blindness” from the Massachusetts
Commission for the Blind with each year’s application.
Exemption Amount: $500.00 a year
CLAUSE 41D Senior Citizen:
Be 65 prior to July 1 previous to the date of filing.
The applicant must have owned and occupied the property on which the exemption is being filed for the past 5 consecutive years and must have had a domicile or legal home in Massachusetts for 10 consecutive years.
Income cannot exceed:
$23,873.00 if single
$27,592.00 if married
Assets cannot exceed:
$51,173.00 if single
$54,828.00 if married
Exemption Amount: $750.00 a year
CLAUSE 41A Tax Deferral:
You must be 65 or older.
You must have had a domicile in the Commonwealth of Massachusetts for at least 10 consecutive years before the tax year begins.
You must also be domiciled in the property.
You must have owned and occupied the property, or other real property in Massachusetts, as a domicile for at least 5 years.
Must have owned and occupied the property before July 1.
Annual Gross receipts cannot exceed $20,000.00, Unless you have filed Circuit Breaker
Deferral: All or any part of the real estate tax.**
Limit: Up to 50% of the proportionate share.
*All exemptions are based on requirements, benefits, and filing dates that are specific to North Reading and may vary in other communities.
** Deferred taxes will be charged an 8% interest rate until the deferment ends or the property transfers.
*** By vote of town meeting these items increase by the Cost of Living Adjustment, annually.
VETERANS EXEMPTIONS :
CLAUSE 22 Disabled Veterans:
Veterans who were honorably discharged and have a 10% or more service connected disability with certificate
from the V.A.
Have resided in Massachusetts for at least 2 consecutive years
or were domiciled in Massachusetts for 6 months prior to induction.
Spouses and surviving spouses of veterans who qualified.
Veterans who have been awarded the Purple Heart.
Exemption Amount: $800.00 (FY23)
Requirements: Permanent loss of the use of an arm, leg, or eye.
Awarded the Congressional Medal of Honor.
Awarded the Distinguished Service Cross.
Awarded the Navy Cross.
Awarded the Air Force Cross.
Prisoners of War (FY-20)
Exemption Amount: $750.00
Requirements: Permanent loss of the use of two feet, hands, or one of each, or the loss of
Exemption Amount: $1,250.00
Requirements: Entitled to and living in specially adapted housing.
Exemption Amount: $1,500.00
Requirements: Surviving spouses (who have never remarried) See Qualification Guide
Exemption Amount: 100%
Requirements: Veterans who suffered total disability in the line of duty. (annual certificate required)
Exemption Amount: $1,000.00
Requirements: Certified by the Veterans Administration as paraplegic.
Exemption Amount: 100%
ALL REQUIRED DOCUMENTS MUST BE INCLUDED WITH THE EXEMPTION APPLICATION OR
IT WILL BE RETURNED