Tax Exemption Programs
Taxation is the rule and exemption is the exception. If you think your property should have an exemption, and you are not already receiving it, you have an obligation to make the Assessors aware of the legal category of exemption the property may qualify for. All notifications and applications for exemption shall be made no later than April 1, 2024, for the 2025 tax year. In the case of property owned by individuals, possible exemptions are for certain veterans, blind persons, and homestead owners as described below.
All veterans who will be 62 years of age on or before April 1, 2024, or any widow or minor children of veterans who would have been 62 years of age as of April 1, 2024 should contact the Assessors’ office to see if they are eligible for a tax exemption. Any veteran who is receiving a 100% disability pension from the Veterans Administration should call to see if they are eligible for an exemption. Applications for veteran’s exemption must be made with this office on or before April 1, 2024. If you are currently receiving a veteran’s exemption, you do not need to reapply.
Any person who is declared blind by a Licensed Doctor should notify the Assessors’ Office on or before April 1, 2024 to see if he or she is eligible for a tax exemption. If you are already receiving such an exemption, you do not need to reapply.
A person who owns his or her own home and has owned a home in Maine for at least 12 months prior to April 1, 2024can apply for a Homestead Exemption. The application needs to be received by April 1, 2024. This exemption from taxation went into effect in 1998. We are assuming that it will be available in 2025 as well. One can only receive this exemption on the home that is his or her residence. If you are currently receiving this exemption, and you still reside in the same home, you do not need to reapply.