Senior Citizen Property Tax Credit Program

Program runs from December 1, 2023 to November 30, 2024 

FY25 Property Tax Credit up to $1,500

Over 60 years of age as of July 1, 2023. 
Lynn resident for a minimum of five (5) years.
Homeowner or spouse of the homeowner (primary residence only)
Income eligibility is based on the state Circuit Breaker guidelines.

      Income does not exceed:
o $62K for a single individual
o $78K head of household
o $93K for a married couple 

    *These figures will be updated once DOR notifies Assessors of the COLA increase.

A copy of the Year 2022 income tax return is required with the application. If no tax return is filed, the applicant must submit an I.R.S. Form 4506-T for verification of non-filing. 
Must have an I.R.S. Form W4 on file with the Assessing Department.
Applications will be accepted on a first-come, first-served basis and assigned depending on job availability. 
The work program begins December 1 and ends November 30 or once the applicant's net wages are $1,500.  
Maximum annual abatement of property taxes shall not exceed $1,500.
The application deadline for this year's program is April 1, 2024.
The hourly rate paid (will be the State minimum wage as of January 1 each year. The current hourly minimum wage rate is $15.00 per hour. 
City employees (individuals on the municipal payroll full-time) and their immediate families are not eligible for this program.
Abatement earned is considered taxable income for Federal Tax purposes only and not taxable for state tax purposes. A tax advisor should be consulted as to federal reporting requirements. *Beginning in 2023, Medicare and federal tax deductions will be made on hours worked. The net income will be applied as the final exemption amount.
Rules and guidelines will be reviewed periodically, and changes will be made as necessary.

  1. General Policies and Procedures (2024
  2. Application For Program
  3. CORI Release Form
  4. W4- If New Applicant
Updated 1/18/2024

 

Additional Senior Citizen Abatement Information and Forms

  1. Senior Trash Abatement Form (2018)