Basic STAR Exemption
STAR stands for School Tax Relief. The STAR exemption provides a partial exemption from school property taxes. All New Yorkers who own and live in their one-, two- or three-family home, condominium, cooperative apartment, manufactured home, or farm dwelling, who's income is under $500,000, are eligible for a STAR exemption on their primary residence. To apply for STAR you must provide proof of residency.
Property owners who are granted the Basic STAR exemption generally will not need to reapply in subsequent years. However, Basic STAR recipients will need to notify their assessor if their primary residence changes.
Enhanced STAR Exemption
The Enhanced STAR exemption is available to primary residences of persons at least 65 who have a combined 2014 "adjusted gross income" of $84,550 or less per year. This maximum income limit is defined as the federal "adjusted gross income" minus any "taxable IRA distributions". This exemption must be reapplied for each year and proof of prior income (2 years back) submitted unless you choose to make application for the New York State Income Verification Program. (See below for information and the application) Renewal applications are mailed out to all seniors in January. This exemption applies to school taxes.
Click on the following links for more information on the Basic and Enhanced STAR exemption:
Basic STAR and Enhanced STAR Q & A's
Basic STAR and Enhanced STAR Application
New York State Income Verification Application