Form Rp-425-B - Application For Basic Star Exemption For The 2018-2019 School Year Page 2

Download a blank fillable Form Rp-425-B - Application For Basic Star Exemption For The 2018-2019 School Year in PDF format just by clicking the "DOWNLOAD PDF" button.

Open the file in any PDF-viewing software. Adobe Reader or any alternative for Windows or MacOS are required to access and complete fillable content.

Complete Form Rp-425-B - Application For Basic Star Exemption For The 2018-2019 School Year with your personal data - all interactive fields are highlighted in places where you should type, access drop-down lists or select multiple-choice options.

Some fillable PDF-files have the option of saving the completed form that contains your own data for later use or sending it out straight away.

ADVERTISEMENT

Page 2 of 2 RP-425-B (6/17)
Instructions
General information
Application instructions
The Basic New York State School Tax Relief (STAR)
Print the name and mailing address of each person who
exemption reduces the school tax liability for qualifying
both owns and primarily resides in the property. (If the
homeowners by exempting a portion of the value of their
title to the property is in a trust, the trust beneficiaries are
home from the school tax.
deemed to be the owners for STAR purposes.) There is
no single factor which determines whether the property is
To qualify, the home must be:
your primary residence, but we consider factors such as
• owner-occupied, and
utility bills, voting and automobile registrations, and the
length of time you occupy the property each year. The
• the homeowners’ primary residence.
assessor may ask you to provide proof of residency and
The combined 2016 income of the owners and spouses
ownership.
who reside on the property must not exceed $500,000
You can find the parcel identification number on either the
and you must have had a STAR exemption on the same
assessment roll or your tax bill.
property for the 2015-2016 school year.
Deadline: You must file the application with your local
Income for STAR purposes
assessor on or before the applicable taxable status date,
Use the following table to identify the line references on
which is generally March 1.
2016 federal and state income tax forms. Do not use your
• In Westchester towns it is either May 1 or June 1;
2017 tax forms.
• In Nassau County it is January 2;
• In the Villages of Bronxville and Kiryas Joel it is
Form
Title of income
Income for STAR
number
tax form
purposes
January 1; and
IRS
U.S. Individual
Line 37 minus line 15b
• In cities, check with your assessor.
Form 1040
Income Tax
adjusted gross income minus
For further information, ask your local assessor. Visit
Return
taxable amount (of total IRA
our website or your locality’s website to find your local
distributions)
assessor’s contact information.
IRS
U.S. Individual
Line 21 minus line 11b
Do not file this form with the New York State
Form 1040A
Income Tax
adjusted gross income minus
Department of Taxation and Finance or the Office of
Return
taxable amount (of total IRA
Real Property Tax Services.
distributions)
IRS
Income Tax
Line 4 only
Form 1040EZ
Return for
adjusted gross income
Single and Joint
(No adjustment needed for
Filers With No
IRAs.)
Dependents
NYS
Resident
Line 19 minus line 9
Form IT-201
Income Tax
federal adjusted gross income
Return
minus taxable amount of IRA
distributions
This Area for Assessor’s Use Only
Application received:
Approved:
Yes
No
Proof of age:
Proof of income:
Proof of residency:
Assessor’s name
Assessor’s signature
Date

ADVERTISEMENT

00 votes

Related Articles

Related forms

Related Categories

Parent category: Financial
Go
Page of 2