The Vermont HS-132 form is a Notice to Withdraw your Homestead Declaration. This form is essential for homeowners who need to officially notify the Vermont Department of Taxes when a property is no longer classified as a homestead. Whether you've sold the property, it’s no longer your principal residence, or the declaration was made in error, completing this form is a necessary step in updating your tax records.
To proceed with withdrawing your Homestead Declaration, please fill out the form by clicking the button below.
The Vermont Homestead HS-132 form serves as a crucial tool for homeowners who need to withdraw their Homestead Declaration under specific circumstances. This form is essential when a property has been sold, is no longer used as a homestead, is owned by an estate after the homeowner's death, or if the declaration was submitted in error. Homeowners must provide their personal information, including names and Social Security Numbers, as well as details about the property being withdrawn, such as its physical address and the unique SPAN number found on property tax bills. Additionally, the form requires individuals to select the reason for withdrawal from a list of options, ensuring that the Vermont Department of Taxes is promptly informed of any changes in property status. Accurate completion of the HS-132 form is vital, as it helps maintain correct tax classifications and ensures compliance with state regulations. By understanding the purpose and requirements of this form, homeowners can navigate the process with greater ease and confidence.
NOTICE TO WITHDRAW
FORM
VERMONT
VERMONT HOMESTEAD
HS-132
DECLARATION
*101321100*
PRINT IN BLUE OR BLACK INK
Enter name used to file VT Homestead Declaration
Social Security
Number
-
Last Name
Spouse or
CU Partner
Spouse or CU Partner Social Security Number
First
Name
- -
Initial
Mailing Address (Number and Street/ Road or PO Box)
City/Town
Location of Homestead Being Withdrawn
State
Zip
Code
City/Town of Homestead
Being Withdrawn
number, street / road name (Do not use PO Box, “same”, or Town name)
SPAN Number of Homestead
(REQUIRED)
(From your property tax bill)
Property declared as a homestead must be owned and occupied by the owner as his or her principal residence on April 1 of each year. If you filed a Homestead Declaration and any of the following categories apply to you, check the applicable box to withdraw the declaration and file this form with the Vermont Department of Taxes.
NOTE: If the new owner will use the property
PROPERTY SOLD.
This notice must be filed within thirty (30) days of closing date.
as a principal residence, the new owner
must file Form HS-131, VT Homestead
Date of
Declaration, to be taxed at the
Closing
homestead education property tax rate.
Month
Day
Year
PROPERTY NO LONGER A HOMESTEAD AS OF APRIL 1,
PROPERTY OWNED BY ESTATE and it has been more than one year since the homeowner’s death.
DECLARATION SUBMITTED IN ERROR. The property is not my principal residence.
I hereby withdraw the VT Homestead Declaration on the property identified above for the reason checked. This information is true, correct and complete to the best of my knowledge and belief.
Signature
Date
Telephone Number (optional)
Spouse or CU Partner Signature
Check here if authorizing the VT Department of Taxes to discuss this return and attachments with your preparer.
Preparer’s Use Only
Preparer’s signature
Preparer’s
SSN or
PTIN
Firm’s name (or yours if self-employed) and address
EIN
Preparer’s Telephone Number
Form HS-132
10/10
INSTRUCTIONS FOR FORM HS-132
NOTICE TO WITHDRAW VERMONT HOMESTEAD DECLARATION
Use this form to withdraw a Homestead Declaration if:
(1)you have sold the property;
(2)it is no longer being used as a homestead;
(3)the property is owned by an estate and it has been more than one year since the homeowner's death; or
(4)the declaration was submitted in error.
HOMEOWNER INFORMATION
Enter the name and Social Security Number of the homeowner who filed the Homestead Declaration.
Enter the address where correspondence concerning the Homestead Declaration for this property should be sent.
Enter the physical location and the city/town where the property is located. The physical location is the number of the street or road and city/town of the property. Example: 123 Main Street Montpelier 658 Route 12 Elmore 79 Swift Street Condo B-7 Burlington
SPAN (School Property Account Number): This is a unique identification number assigned by the town. Enter the 11-digit number printed in the Housesite information section of the property tax bill.
REASON FOR WITHDRAWING DECLARATION
Check the box for the applicable situation to withdraw the Homestead Declaration.
(1)Property Sold Notification to the VT Department of Taxes that a property has been sold is required within thirty (30) days of the closing date. If the sale is after April 1, the property continues to be classified as a homestead until the following April 1. If the new owner uses the property as his or her principal homestead, he or she must file a Homestead Declaration in order to make a property tax adjustment claim. Sale of property includes conveyance of the property to a trust or creation of a life estate. A person who transferred his or her homestead to a revocable trust and who is the sole beneficiary files a Homestead Declaration by the following April 15 and checks Box 4a. If the life estate owner occupies the property as a homestead, the life estate holder must record
the life estate deed in the town offices and file a Homestead Declaration by the following April 15 checking Box 4b.
See 32 V.S.A. §§5401(7)(D) and 6062(e) for more information on homesteads owned by a trust or estate.
(2)Property No Longer A Homestead When the property is no longer used as a homestead, the Homestead Declaration must be withdrawn. Example: You filed a homestead declaration April 15 but move on September 1 of the same year and now rent the house.
(3)Property Owned By Estate Estates may be classified as homestead property up to the April 1 following the date of the homeowner's death provided the property is not rented during that time. The Homestead Declaration must be withdrawn after that year. Example: Property was the principal residence of a homeowner who died in 2011. The estate now owns the property. The property may remain classified as a homestead and be taxed at the homestead education property tax rate until April 2012 provided the property is not rented.
(4)Declaration submitted in error If you submitted a Homestead Declaration for a property that is not your principal residence, use this form to withdraw the declaration.
Signature The person who filed the Homestead Declaration signs this form. If you are signing on behalf of the homeowner, such as an estate, please use the preparer's signature area to provide your information so we may contact you should there be any questions.
Form HS-132 10/10
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