1. What is STAR? It’s a program that provides direct property tax relief to homeowners by providing them with a property tax rebate for a portion of their school taxes. 2. Who must re-register? Resident homeowners who currently receive the Basic STAR exemption must register with the New York State Tax Department in order to receive the exemption in 2014 and subsequent years. Homeowners do not need to re-register every year. Senior Citizens Senior citizens receiving the Enhanced STAR exemption are not affected by the new registration requirement. However, in order to receive Enhanced STAR, seniors must continue to: - Apply annually, or - Participate in the Income Verification Program 3. Watch for a letter from the NYS Tax Department They are mailing instructions to all homeowners who currently receive the Basic STAR exemption. The letters will include a STAR code that homeowners will need to re-register. Registration has started and will continue through December 31, 2013. 4. How to re-register Go to the Tax Department’s Web site at tax.ny.gov and using your unique STAR code you received in the mail. Once there, click “Register for STAR” and follow the step by step instructions. 5. What if I never received a letter or lost my STAR code? In addition to being included in the mailed instructions, homeowners will be able to find their STAR code through an online lookup or by calling the Tax Department at (518) 457-2036. 6. What will I need to re-register online? Online registration will require homeowners to provide some basic information about their eligibility for the STAR exemption. Homeowners will need to: - Provide the STAR code and confirm the property address - Provide the names and social security numbers for all owners of the property and spouses - Confirm that the property is the primary residence of one of its owners (married couples with multiple residences may only claim one STAR exemption) - Confirm that the combined income of the owners and their spouses who reside at the property does not exceed $500,000 - Confirm that no resident owner receives a residency-based tax exemption from another state. If you have any other questions about your Middle Class STAR Rebate check please contact the New York State Department of Taxation and Finance at 1-877-678-2769.
Posted on: Thu, 26 Sep 2013 20:14:00 +0000
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