Finish the Application Process and Get My Tax Reduction
Submit your soils map, completed application, and lease agreement (if leasing land to a farmer) to your local assessor. Your assessor must receive all these documents before March 1 for you to receive your agricultural assessment and have your taxes lowered.
480-a offers the potential for you to save substantially on your property taxes, but it also requires a commitment to managing your woodlot for the next 10 years. Consider the benefits and obligations carefully before you enroll.
Agricultural assessments can reduce your property taxes for land actively used for farming. Many farm products qualify, but the program has acreage and earnings thresholds and time commitments. Consider the benefits and obligations carefully before you enroll.
The best place to start when seeking an agricultural assessment is the tax assessor for the town where your woodlot is located. Your assessor can confirm your eligibility, help you fill out a program application, and provide directions for next steps.
Once you've worked with an assessor to begin your application, contact the Soil and Water Conservation District office for the county where your woodlot is located. They will map the soils on your property, and your assessor will use that information to calculate your tax break.