Exemptions & Credits: What must be included in net income when determining if I qualify for the Elderly Exemption?

(From the DRA Website)

RSA 72:39-a-(b) The net income shall be determined by deducting from all moneys received, from any source including social security or pension payments, the amount of any of the following or the sum thereof:

  • Life insurance paid on the death of an insured
  • Expenses and costs incurred in the course of conducting a business enterprise
  • Proceeds from the sale of assets

Please see the Assessing Page Link for Exemptions & Credits for information specific to the Town of Deerfield's Assett & Income Limits, Age/Exemption Ranges, and Filing Requirements.