Form Ptf-653-E - Veteran Property Tax Exemption Form For Cooperative Housing Corporation Shareholders Page 2

ADVERTISEMENT

GENERAL INSTRUCTIONS
Completed forms must be filed with your local cooperative housing corporation along with satisfactory evidence to show
exemption eligibility. Your cooperative housing corporation must file for the veteran exemption with the municipal assessor no later
than April 1. This form will be included with the cooperative housing corporation’s Veteran Exemption application which must be filed
by April 1. Forms filed after April 1 of any year will be applied to the subsequent year tax assessment.
If you are a Maine resident and a veteran who served on active duty in the U.S. Armed Forces, you may be eligible for a limited exemption
from property tax on real estate or personal property. You qualify for an exemption if:
1) You served in the U.S. Armed Forces during a recognized war period or other recognized service period or you received an Armed
Forces Expeditionary Medal; and
2) You will be at least 62 years old on April 1 or you are receiving a total disability pension from the U.S. Government.
Proof of eligibility is generally covered by a copy of your Certificate of Release or Discharge from Active Duty (DD Form 214 or similar
form issued by the Department of Defense) or the benefit summary letter issued by the Department of Veterans Affairs (“VA”). A copy
of VA Form 20-5455 may be used if you do not have a benefit summary letter.
RECOGNIZED WAR PERIODS
World War I - April 6, 1917 through November 11, 1918;
World War I - (service in Russia) - April 6, 1917 through March 31, 1920;
World War II - December 7, 1941 through December 31, 1946;
Korean Conflict - June 27, 1950 through January 31, 1955;
Vietnam Era – February 28, 1961 through May 7, 1975. For the period, February 28, 1961 through August 4, 1964, federal law
restricts the definition of the Vietnam Era war period to relating only to veterans who served in the Republic of Vietnam. .
Persian Gulf War – August 2, 1990 to the date that the U.S. Government recognizes as the end of the Persian Gulf War. This
period also includes Operation Enduring Freedom, Operation Iraqi Freedom, and Operation New Dawn.
OTHER RECOGNIZED SERVICE PERIODS
February 28, 1961 through August 4, 1964 (Maine property tax exemption applies to all veterans who served during February 28,
1961 through May 7, 1975, regardless of where they served);
August 24, 1982 through July 31, 1984; and
December 20, 1989 through January 31, 1990.
SPECIFIC INSTRUCTIONS
Line 4. Legal Residence. Enter the municipality where your primary home is. You can have only one legal residence.
Line 7. Service Number/SSN. If you were issued a service number, enter that number. Otherwise, enter your Social Security Number
(“SSN”).
*********************************************************************************************************
FOR ASSESSOR USE ONLY - CERTIFICATE OF APPROVAL OF SHAREHOLDER’S EXEMPT STATUS
The cooperative housing corporation is eligible for the following aggregate exemption amount:
 $6,000 Post W.W.I
 $7,000 W.W.I
 $50,000 Paraplegic
In determining the local assessed value of the exemption, the assessor shall multiply the amount of the exemption by the
ratio of current just value upon which the assessment is based.
Date Approved: _________________________________________ Effective Date: __________________________
Approved by: ___________________________________________ Title: __________________________________
PTF-653-E
Rev. 1/16

ADVERTISEMENT

00 votes

Related Articles

Related forms

Related Categories

Parent category: Financial
Go
Page of 2