CPA Exemption Application

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TOWN OF WEYMOUTH
FY2021 CPA EXEMPTION CRITERIA

CPA Residential Exemption

 The first $100,000 of residential property value is automatically exempt from the CPA (Community Preservation Act) surcharge and is reflected on your FY2021 bill.

CPA Low/Moderate Income Exemption

 Please Note:  Taxpayers who receive the 41C elderly exemption ($500.00) automatically have the CPA surcharge deducted from their bill.
There is no need to apply for the CPA exemption.

Qualifying lower income owners and low-to-moderate income seniors may be eligible for a full surcharge exemption,
based on income guidelines established by the Commonwealth each year.

Guidelines

  • Applicant must own and occupy the property as primary residence as of January 1, 2020.
  • Senior applicant must be 60 years old by January 1, 2020.
  • Household income for the 2019 calendar year must be at or below the limit for that owner’s household type and number. See chart below for specific formula by household type.

 

Household Type

Household Type

Household Size

Senior Household
 age 60+

Non-Senior Household

1 Person

$83,300

$66,640

2 Persons

$95,200

$76,160

3 Persons

$107,100

$85,680

4 Persons

$119,000

$95,200

5 Persons

$128,520

$102,816

6 Persons

$138,040

$110,432

7 Persons

$147,560

$118,048

8 Persons

$157,080

$125,664

 

In order for the Board of Assessors to process your Fiscal Year 2021 Application for the CPA Exemption, we are in need of the following information:

*  Copy of Birth Certificate (for age 60 and over by January 1, 2020) for first time filers only.

*  Copies of all schedules of Federal and State 1040 Tax Forms for all members of your           

    household age 18 and over (excluding full time students) for calendar year 2019.

*  For those who did not file 1040 tax forms for calendar year 2019, documentation of all

    household income sources are required.

*  Copy of recorded Declaration of Trust along with Schedule of Beneficiaries, if applicable.

 

REMINDER – ALL EXEMPTIONS MUST BE APPLIED FOR

EVERY YEAR AND ARE DUE BY APRIL 1, 2021.