Instructions For Form Rp-458-B Application For Cold War Veterans Exemption From Real Property Taxation

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RP- 458-b-I
Department of Taxation and Finance
Office of Real Property Tax Services
Instructions for Form RP-458-b
(1/16)
Application for Cold War Veterans
Exemption from Real Property Taxation
General information
Each of these is subject to maximum limits set by
the municipality. The municipal choices of maximum
New York State (NYS) Real Property Tax Law
exemptions available are:
section 458-b authorizes a limited exemption from real
property taxes for real property owned by persons
10%
15%
Disability
who rendered military service to the United States
option
option
during the Cold War (defined as September 2, 1945,
to December 26, 1991), provided such property meets
4,000
6,000
20,000
Reduced
the requirements set forth in the law. The task of
maximums
6,000
9,000
30,000
administering this law lies primarily with local assessors
Basic
who are required to pass upon each application for
8,000
12,000
40,000
maximums
exemption.
Increased
These instructions are intended to assist applicants
10,000
15,000
50,000
maximums
in the completion of Form RP-458-b (also available at
12,000
18,000
60,000
), and to discuss issues concerning the
14,000
21,000
70,000
Cold War Veterans’ Exemption. Technical discussion
16,000
24,000
80,000
has been avoided so that the material will have the
18,000
27,000
90,000
widest possible usefulness. Assessors may address their
20,000
30,000
100,000
questions to their Office of Real Property Tax Services
22,000
33,000
110,000
(ORPTS) regional office CRM. Veterans should address
24,000
36,000
120,000
their inquiries to their local office of the New York State
26,000
39,000
130,000
Division of Veterans’ Affairs or their County Veterans’
28,000
42,000
140,000
Service Agency.
30,000
45,000
150,000
NYS Real Property Tax Law section 458-b authorizes
an exemption from real property taxation for qualified
In high appreciation municipalities (defined below) the
residential real property owned by Cold War veterans or
governing board may adopt still higher limits of:
certain members of their family based on a percentage of
assessed value. The exemption is applicable to general
10%
15%
Disability
municipal taxes, but not school taxes, special ad valorem
option
option
levies, or special assessments.
26,000
39,000
130,000
Increased
Each county, city, town, and village has the option
maximums
28,000
42,000
140,000
of deciding whether to grant the Cold War Veterans’
30,000
45,000
150,000
Exemption. You should check with your assessor to
32,000
48,000
160,000
determine whether the exemption is available for your
34,000
51,000
170,000
property.
36,000
54,000
180,000
A qualified residential parcel may receive an exemption
38,000
57,000
190,000
equal to 10%, or at local option 15%, of its assessed
40,000
60,000
200,000
value. This exemption is limited to 10 years duration.
42,000
63,000
210,000
Where a veteran has received a service-connected
44,000
66,000
220,000
disability rating from the Veterans’ Administration or
46,000
69,000
230,000
the U.S. Department of Defense, there is an additional
48,000
72,000
240,000
exemption which is equal to one-half of the disability
50,000
75,000
250,000
rating, multiplied by the assessed value of the property.
A high-appreciation municipality means: (1) New York
City, (2) a county for which ORPTS has established a
sales price differential factor for purposes of the school
tax relief (STAR) exemption (Real Property Tax Law
section 425) for three consecutive years, or (3) a city,
town, or village located within such a county. ORPTS
maintains a list of such counties on its website at:
/pit/property/star/diff.htm
You should check with your assessor to determine the
maximum exemption limits in the municipalities in which
you reside.

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