LONG FORM: PROPERTY TAX EXEMPTION FOR SENIORS 2025

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  1. Click ‘Get Form’ to open the LONG FORM: PROPERTY TAX EXEMPTION FOR SENIORS in the editor.
  2. Begin by filling out the 'Identification of Applicant and Property' section. Enter your first name, middle initial, last name, social security number, property address, date of birth, and contact information.
  3. In the 'Age and Occupancy Requirements' section, select the statement that applies to you. Ensure you check the box next to the true statement regarding your age or marital status.
  4. Proceed to 'Ownership Requirement'. Confirm ownership details by selecting the appropriate statement that reflects your situation regarding property ownership.
  5. If applicable, list additional occupants in section 4. Provide their names and social security numbers as required.
  6. Complete sections 5 through 8 if they apply to your circumstances regarding confinement or property ownership changes.
  7. Finally, sign and date the form in the 'Affidavit and Signature' section. Ensure all information is accurate before submission.

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Heres what you should know about the tax benefits of retiring in New Jersey (as of May 2025): docHub Pension Exclusions: Exclude up to $75,000$100,000 of retirement income if eligible. Property Tax Relief Programs: Seniors can freeze property taxes or claim a $250 deduction.
Over 65 or Surviving Spouse Deduction The lower the assessed value of your home, the smaller your property tax bill. You must meet these requirements to receive the deduction: Turned 65 or older by December 31 of the prior year. You can also receive the deduction if your spouse was 65 or older at the time of death.
Deduction for Seniors (Sec. 70103) New deduction: Effective for 2025 through 2028, individuals who are age 65 and older may claim an additional deduction of $6,000. This new deduction is in addition to the current additional standard deduction for seniors under existing law.
NJ Taxation The Senior Freeze Program reimburses eligible senior citizens and disabled persons for property tax or mobile home park site fee increases on their principal residence (main home). To qualify, you must meet all the eligibility requirements for each year from the base year through the application year.
Eligibility Active wartime service in the United States Armed Forces. Filing of an application for exemption with the local tax assessor. Honorable discharge. Legal or domiciliary New Jersey residence. New Jersey citizenship. Principal or permanent residence in the claimed dwelling. Property ownership.
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This application will allow you to upload the following supporting documentation: PTR-1: Proof of age/disability status, paid property taxes/mobile home site fees, and death certificate if applicable. PTR-2: Proof of paid property tax/mobile home site fees, and death certificate if applicable.
The Senior Tax Credit is available to homeowners at least 65 for whom the property is their principal residence (see the HOTC page for details); Interested homeowners must submit the Homeowners Tax Credit Application to the Maryland State Department of Assessments and Taxation (SDAT).

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