SUMMARY OF ELDERLY, SURVIVING SPOUSE & BLIND EXEMPTION CLAUSES IN EFFECT FOR FY 2016 TAX BILL
CLAUSE 17D = $175.00 deduction on tax bill
Elderly
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Must be age 70 or older as of July 1, 2015
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Must own & occupy property as domicile for not less than five years
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Whole Estate cannot exceed $40,000 (Stocks, Bonds, IRA’s, Savings, Property owned, excluding value of subject property, not to exceed 3 dwelling units and any unpaid mortgage on domicile)
Surviving Spouse
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Must be present owner and occupant (no age requirement)
DOCUMENTATION NEEDED: CLAUSE 17D
For Elderly: Copy of Birth Certificate or Massachusetts Driver’s License (first-time applicants only)
For Surviving Spouse: Copy of Spouse’s Death Certificate (first-time applicants only)
Copy of all bank statements as of December 31, 2014
CLAUSE 41C = $500.00 deduction on tax bill
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Must be age 70 or older as of July 1, 2015
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Must own & occupy property as domicile for 5 years or have been domiciled in Mass. preceding 10 years
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Gross Receipts cannot exceed $17,523 for Single Resident or $21,785 for Married Couple
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Whole Estate cannot exceed $28,000 for Single Resident or $30,000 for Married Couple – domicile is exempt
DOCUMENTATION NEEDED: CLAUSE 41C
Copy of Birth Certificate or Massachusetts Driver’s License (first-time applicants only)
Copy of 2014 Federal Income Tax Return (if filed)
Copy of Bank, Stock, IRA & CD statements showing December 31, 2014 balances only
Copy of all Income Statements (Social Security, Pension, Interest & Dividends) for 2014 calendar year
Income for apartment units (if applicable) for 2014 calendar year
Authorization form (enclosed) signed and dated
CLAUSE 37 = $437.50 deduction on tax bill
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Must be legally Blind as of July 1, 2015 (must have Certificate or letter from Doctor indicating status as of July 1, 2015)