Veterans’ Tax Credit Changes

Many of you are aware of the changes made possible by RSA 72:28-b which now allows municipalities to adopt an All Veterans’ Tax Credit expanding the eligibility to receive the credit to peacetime veterans who did not serve in a “qualifying war or armed conflict” listed in RSA 72:28. As many of your communities may have recently adopted the All Veterans’ Tax Credit, we want to recommend a method by which you can add the new credit within Avitar Assessing in a manner in which we’ll be able to properly report the new credits on the MS-1 Report once the DRA releases their 2017 version.

Since the dollar amount for the new All Veterans’ Tax Credit must be the same as the standard veterans’ credit, you could presumably just use your existing standard veterans’ credit defined in the system to classify any of the newly eligible taxpayers. However, given all the analysis associated with the new tax credit, we presume that the DRA will want you to separately report the number and value of the All Veterans’ Tax Credits on the MS-1 Report, which won’t be revised/released until June/July. And in order to do so, you’ll want to add the new All Veterans’ Tax Credit with a consistent and standardized code. We suggest that you do the following:

  • Select the Utilities | System Options… menu item and click on the Exemption Parameters tab.
  • Press Add to add a new credit type.
  • In the Code text box enter “VET90“.  (This is the important part — use VET90 so we’ll be able to identify/list them separately on the MS-1.)
  • In the Description text box enter a useful description (e.g. “VET – ALL VETERANS” or something consistent with your other veteran credit descriptions) and in the Amount text box enter the appropriate dollar amount.
  • Use the new VET90 code on parcels to classify any tax credits granted under the new All Veterans’ Tax Credits.

A few other important items worth noting:

  • If you have already begun adding All Veterans’ Tax Credits using the previously existing war service tax credit, you should probably circle back and create the new All Veterans’ Tax Credit code/description and assign it to the appropriate parcels.
  • A user recently identified a bug in the system that you should know about if you are changing veterans’ credits from one type to another. Because each credit category typically had its own unique dollar value, the system currently keys off changes to the dollar amount or percentage of an existing credit in determining whether any changes have been made and therefore need to be saved to the database. Which means, that if you edit an existing veterans’ credit on a parcel and you change it to a different category of veterans’ credit that has the same dollar amount and you don’t change anything else within the dialog box then the system will not recognize that a change needs to be saved — you press OK and think everything is fine but the new description is not actually saved. We have fixed this for the next update going forward, but for the meantime if you are editing a parcel to replace an existing veterans’ credit with a veterans’ credit of identical value you should select some other category of credit of a different amount first (to trigger the change indication) and then select the desired credit category/amount. And again, this is only for the short term — this will be resolved in the next update.
  • While unlikely, it’s conceivable that the code VET90 was already added and assigned to parcels in your system to indicate some other type of credit. If so, contact us and we can evaluate trying to script a solution.

Do not hesitate to contact us if you have any questions.

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