Homestead Exemption Forms With Miniatures In Massachusetts

State:
Multi-State
Control #:
US-0032LTR
Format:
Word; 
Rich Text
Instant download

Description

Letter from attorney to opposing counsel requesting documentation concerning homestead exemption for change of venue motion.

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FAQ

The State Tax Form 96-1 is used to apply for personal property tax exemptions for seniors in Massachusetts. It must be completed by seniors who want to apply for a tax exemption on their personal property. The form requires personal information, including name, address, and age.

Massachusetts Form 1 – Personal Income Tax Return for Residents.

To protect the value of your property up to one million dollars ($1,000,000) per residence, per family, you must file a document called a “Declaration of Homestead”. You can file this form at the Registry of Deeds in the county or district where your property is located, referencing the title/deed to the property.

You must be 70 or older. For Clauses 41C and 41C½, the eligible age may be reduced to 65 or older, by vote of the legislative body of your city or town. You must own and occupy the property as your domicile.

Massachusetts laws Includes clauses for real estate tax exemptions for blind persons, qualifying senior citizens, qualifying surviving spouses, minor children and elderly persons, qualifying veterans, and religious and charitable organizations.

You should claim the total number of exemptions to which you are entitled to prevent excessive over-withholding, unless you have a significant amount of other income. If you expect to owe more income tax than will be withheld, you may either claim a smaller number of exemptions or have additional amounts withheld.

Up to $1,000,000 of Protection is Available. You can file a formal Declaration of Homestead to protect up to $1,000,000 of your home's value. A Declaration of Homestead becomes effective when it is signed by all the property's owners and recorded at the Registry of Deeds.

What is Massachusetts' standard deduction? Tax filing statusPersonal exemption amount Single $4,400. Married filing separately $4,400. Head of household $6,800. Married filing jointly $8,800.

You must be 70 or older. For Clauses 41C and 41C½, the eligible age may be reduced to 65 or older, by vote of the legislative body of your city or town. You must own and occupy the property as your domicile.

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Homestead Exemption Forms With Miniatures In Massachusetts