Wednesday, October 2, 2013

ATTENTION: STAR Tax Exemption

The Basic School Tax Relief (STAR) registration program is administered by the New York State Department of Taxation and Finance, and provides homeowners with partial exemptions from school property taxes. If you earn less than $500,000 and own and live in your home, you are probably eligible for the STAR exemption.

New York State legislation requires all homeowners receiving a Basic STAR exemption to register with the New York State Department of Taxation and Finance in order to receive the exemption in 2014 and subsequent years. Homeowners may register: http://tax.ny.gov/pit/property/star13/default.htm.

Homeowners receiving Enhanced STAR do not have to register for this program.

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