Massachusetts allows you to defer your taxes if you are 65 years old and meet certain ownership, residency, and income/asset qualifications. Contact the Assessors' Office for more information.
Tax Deferral - Elderly
Amount: Any or all of the taxes assessed may be deferred (not exempted) with interest (8%) until the property is sold or transferred, or until the demise of the owner, at which point the taxes are repaid. The cumulative total of taxes deferred cannot exceed fifty percent of the applicant's share of the assessed value of the property, and a lien is recorded by the Town.
Eligibility: As of July 1 of the tax year, an individual must be 65 years old, must have owned and occupied any property for at least five years, and must have been continuously domiciled in Massachusetts for at least the ten preceding years.
Income: The gross receipts cannot exceed $40,000.
Go to: Exemptions & Deferral Page