New York City is not subject to the tax cap and therefore, city residents weren't eligible for this credit. the aggregate amount of all losses doesn’t exceed $15,000.įor example, for the 2019 property tax relief credit, income eligibility was based on the 2017 tax year.the net amount of any other separate category of loss doesn’t exceed $3,000 and.the net amount of loss reported on Federal Schedule C, D, E or F doesn’t exceed $3,000.paid school property taxes for the applicable year.ĭefinition of income for property tax reliefįor the property tax relief credit, income is defined as federal adjusted gross income (FAGI) from two years prior, modified so that:.been eligible for either the Basic or Enhanced STAR exemption or credit,.lived in a school district that complied with the New York State property tax cap, (see if yours complied: School district compliance with the property tax cap.).To be eligible, in a prior year, you must have: Once you confirm you did not receive a check, contact our Property Tax Information Center for assistance.Verify you did not receive a check using our Property Tax Credit Lookup.However, if you were eligible for the credit in 2018, or 2019, but believe you did not receive it: The property tax relief credit has expired. The property tax relief credit directly reduced your property tax burden if you were a qualifying homeowner. The amount of the credit was a percentage of your STAR savings. If you're looking for information about the 2022 homeowner tax rebate credit, see homeowner tax rebate credit. Note: The information below is for the property tax relief credit, which ended in 2019.
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