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Veterans’ Credit

The Veteran’s Credit under RSA 72:28 is for Seabrook residents who have been NH residents for at least 1 year as of April 1st in the year of application. The RSA follows. To apply for this credit you need to bring your separation papers into the Assessor’s Office during working hours. If you have any questions, you can call 603-474-2966. The Town of Seabrook has adopted the optional credit of $500.00 for qualifying persons.  In summary, for the standard tax credit you would have to have served 90 DAYS of Active Service in the armed forced of the US, and have been Honorably Discharged.  Spouses and surviving spouses also qualify.

 

72:28 Standard and Optional Veterans’ Tax Credit. –
I. The standard veterans’ tax credit shall be $50.
II. The optional veterans’ tax credit, upon adoption by a city or town pursuant to RSA 72:27-a, shall be an amount from $51 up to $500. The optional veterans’ tax credit shall replace the standard veterans’ tax credit in its entirety and shall not be in addition thereto.
III. Either the standard veterans’ tax credit or the optional veterans’ tax credit shall be subtracted each year from the property tax on the veteran’s residential property. However, the surviving spouse of a resident who suffered a service-connected death may have the amount subtracted from the property tax on any real property in the same municipality where the surviving spouse is a resident.
IV. The following persons shall qualify for the standard veterans’ tax credit or the optional veterans’ tax credit:
(a) Every resident of this state who served not less than 90 days on active service in the armed forces of the United States in any qualifying war or armed conflict listed in this section and was honorably discharged or an officer honorably separated from service; or the spouse or surviving spouse of such resident, provided that Title 10 training for active duty by a member of a national guard or reserve shall be included as service under this subparagraph;
(b) Every resident of this state who was terminated from the armed forces because of service-connected disability; or the surviving spouse of such resident; and
(c) The surviving spouse of any resident who suffered a service-connected death.
V. Service in a qualifying war or armed conflict shall be as follows:
(a) “World War I” between April 6, 1917 and November 11, 1918, extended to April 1, 1920 for service in Russia; provided that military or naval service on or after November 12, 1918 and before July 2, 1921, where there was prior service between April 6, 1917 and November 11, 1918 shall be considered as World War I service;
(b) “World War II” between December 7, 1941 and December 31, 1946;
(c) “Korean Conflict” between June 25, 1950 and January 31, 1955;
(d) “Vietnam Conflict” between December 22, 1961 and May 7, 1975;
(e) “Vietnam Conflict” between July 1, 1958 and December 22, 1961, if the resident earned the Vietnam service medal or the armed forces expeditionary medal;
(f) “Persian Gulf War” between August 2, 1990 and the date thereafter prescribed by Presidential proclamation or by law; and
(g) Any other war or armed conflict that has occurred since May 8, 1975, and in which the resident earned an armed forces expeditionary medal or theater of operations service medal.

 

72:28-b All Veterans’ Tax Credit. – (this is a new law passed for 2017)
I. A town or city may adopt or rescind the all veterans’ property tax credit granted under this section by the procedure in RSA 72:27-a.
II. The credit granted under this section shall be the same as the amount of the standard or optional veterans’ tax credit in effect in the town or city under RSA 72:28.
III. The all veterans’ tax credit shall be subtracted each year from the property tax on the veteran’s residential property.
IV. A person shall qualify for the all veterans’ tax credit if the person is a resident of this state who served not less than 90 days on active service in the armed forces of the United States and was honorably discharged or an officer honorably separated from service; or the spouse or surviving spouse of such resident, provided that Title 10 training for active duty by a member of a national guard or reserve shall be included as service under this paragraph; provided however that the person is not eligible for and is not receiving a credit under RSA 72:28 or RSA 72:35.

 

Note 2: There are other Veteran’s Credits. The 100% Total & Permanent Service Connected Disability, Surviving Spouse of Veteran who was killed or Died on Active Duty, and Paraplegics who obtained their home with a VA loan. You can call the Assessor’s Office at 603-474-2966 for further information on these other tax credits.