NYS NEW STAR REGISTRATION
PROGRAM
According to a new legislation by New York State, all homeowners receiving a Basic Star exemption are now required to register with the New York State Tax Department, in order to receive the exemption in 2014 and subsequent years.
The legislation doesn’t require homeowners to register in 2013 to receive their Star exemption.
Homeowners will not have to re-register every year. Based on the information provided in the registration process, the Tax Department will monitor homeowners eligibility in future years.
YOU WILL NEED TO:
Provide a star code—but the state is mailing codes to all Basic Star recipients; or you can use the star code lookup
Provide the names and social security numbers for all owners of 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 received a residency-based tax benefit from another state.
Senior Citizens:
Senior citizens receiving Enhance Star Benefits, are not affected by the new registration requirement, which applies to Basic Star benefits only.
Seniors must, however, take steps to ensure that they continue receiving Enhanced Star.
Seniors receiving Enhanced Star who reside outside of New York City must continue to: apply annually or participate in the Income Verification program.
Seniors receiving Enhanced Star who reside in New York City will be contacted by the New York City Department of Finance when they need to review.
Registration Period:
Registration started on August 19, 2013 and will continue through December 31, 2013.
You can register for the Star exemption online @ https://www8.tax.ny.gov/STRP/strpStart
You can also register by calling — (518) 457-2036
Monday-Friday— 8:30 am – 8:00 pm
Saturdays—9:00 am – 1:00 pm
For more information call: (518) 457-2036
