Septic credit - save 40% on repairs
How you can save 40% on a new septic system:
* SAVE UP TO $6,000 ON SEPTIC REPAIRS OR SEWER
Septic Credit: An owner of residential property located in Massachusetts who occupies the property as his or her principal residence is allowed a credit of a maximum of $1,500 per taxable year for expenses incurred to comply with the sewer system requirements of Title V as promulgated by the Department of Environmental Protection or to connect to a municipal sewer system pursuant to a federal court order, administrative consent order, state court order, consent decree or similar mandate. The amount of the credit is 40% of the cost, up to $15,000, for design and construction expenses for repair or replacement of a failed cesspool or septic system. The maximum aggregate amount of the credit is $6,000. A five-year carryover of any unused credit is allowed. See TIRs 97-12, 98-8, 99-5 and DOR Directive 01-6 for more information. If you qualify for this credit, complete and enclose Massachusetts Schedule SC, Septic Credit, and fill in the appropriate oval in Part 1.
See TIRs 97-12, 98-8, 99-5 and DOR Directive 01-6 for more information. If you qualify for this credit, complete and enclose Massachusetts Schedule SC, Septic Credit, and fill in the appropriate oval in Part 1.
Title V Loan Program
Information about the MHFA Homeowner Septic Repair Loan Program
Northboro Septic, Curtis Septic and Millbury Savings bank can assist you getting a loan under the Massachusetts Homeowner Septic repair Loan program.
The loan program is a combined effort of the department of environmental protection, the Massachusetts Department of revenue and the Massachusetts Housing financing agency- which provides below market rate loans to eligible homeowners for connecting to town sewer lines or for a septic system repair or replacement in accordance with Title V. Read more »