Tell me about the alert that we're putting out today on this next start program. Well, earlier today, the governor issued a press release regarding services that are being offered to New Yorkers to assist with the star registration process. The governor and the Department of Taxation and Finance are quite concerned about these services, largely because the department stands ready to assist New Yorkers who are registering to continue their star benefits, and local Assessors stand ready to assist with the process of registering initially to participate in the program. So, what does a person have to do to register for the star program? There are two aspects to the star program. If a New Yorker is purchasing a new primary residence within the state or if someone is moving into New York state and purchasing a primary residence, they should work with their local Assessor to register for the star program. That program does have an income threshold; it must be below five hundred thousand dollars. But local Assessors, either through the mail, by visiting their office, or many people register for the process through the closing when they purchase their home, can sign up to participate in the program. Separately, the Department of Taxation and Finance has a registration process underway to continue those benefits. So, for New Yorkers who are already receiving the STAR exemption, they are required by the end of the calendar year to register in order to continue to participate in the program. And that's very quick and easy. More than 1.6 million New Yorkers have already completed the process, which on average takes just two to four minutes. The vast majority of the New Yorkers who have registered have done so through our website. Our call center also stands ready to assist...
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Rp-467-rnw Form: What You Should Know
Exemption for Real Property Instructions for Form RP-467 — Tax.NY.gov You must timely file an annual renewal application. (Form RP-467-Rnw) in the assessor's office to continue the exemption.
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