Fillable RP-425-B Application for Basic STAR Exemption for the (New York State)

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RP-425-B Application for Basic STAR Exemption for the (New York State)

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RP-425-B
(8/21)
Department of Taxation and Finance
Oce of Real Property Tax Services
Application for Basic STAR Exemption
for the 2022-2023 School Year
Note: The STAR exemption program is closed to new applicants. If you are a new homeowner or rst-time STAR
applicant, you may be eligible for the STAR credit. Register with the NYS Tax Department at www.tax.ny.gov/star. For a
list of who should use this form, see the instructions on page 2.
Name(s) of owner(s)
Mailing address of owner(s)
(number and street - include unit number - or PO Box)
Location of property (street address; include unit number)
City, village, or post oce State ZIP code City, town, or village State ZIP code
Daytime contact number Evening contact number School district
E-mail address
Property identication: Tax map number or section/block/lot (see tax bill or assessment roll)
Name(s) of any non-owner spouse(s)
Address(es) of primary residence(s) if dierent from above
1 Did you have a STAR exemption on this property for the 2015-2016 school year? ................................. Yes No
If No, you are not eligible for the Basic STAR exemption. However, you may be eligible for
the Basic STAR credit. Register at www.tax.ny.gov/star.
2 Is the total 2020 combined income of all the owners and spouses residing on the premises less
than or equal to $250,000? (See Income for STAR purposes on page 2.) .............................................. Yes No
If No, then you do not qualify for the Basic STAR exemption. However, if your income is less
than or equal to $500,000, you may qualify for the STAR credit. Register at www.tax.ny.gov/star.
3 Do you or your spouse own another property that is either receiving a STAR exemption in New
York State or a residency tax benet in another state, such as the Florida Homestead exemption? ...... Yes No
If Yes, attach a list with the address and exemption/benet information of each property.
Return this form and proof of income to your local assessor by taxable status date
(see Deadline on page 2).
Signature Date
Signature Date
Signature Date
Signature Date
Certication
Caution: Anyone who misrepresents his or her primary residence, age, or income:
• will be subject to a penalty of the greater of $100 or 20% of the improperly received tax savings
• will be prohibited from receiving the STAR exemption or STAR credit for six years, and
• may be subject to criminal prosecution.
I (we) certify that all of the above information is correct, that I (we) own the property listed above and it is my (our)
primary residence. I (we) understand it is my (our) obligation to notify the assessor if I (we) relocate to another
primary residence and provide any documentation of eligibility that is required.
All resident owners must sign and date this form. Attach additional sheets, if necessary.
Page 2 of 2 RP-425-B (8/21)
Instructions
General information
The Basic STAR exemption reduces the school tax liability for
qualifying homeowners by exempting a portion of the value of
their home from the school tax.
To qualify, the home must be:
• owner-occupied, and
• the homeowners’ primary residence.
The combined 2020 income of the owners and spouses who
reside on the property must be less than or equal to $250,000
and you must have had a STAR exemption on the same
property for the 2015-2016 school year. If your income is more
than $250,000 but less than or equal to $500,000, you may
qualify for the STAR credit. Register at www.tax.ny.gov/star.
Who should use this form: You are not generally required to
reapply annually for the exemption, but you must advise the
assessor if the property is no longer your primary residence. You
are required to reapply for the exemption if the ownership of the
property has changed due to:
• marriage,
• divorce,
• surrender of interest by a co-owner,
• survivorship,
• trusts,
• life estates,
• name change(s).
Deadline: You must le the application and proof of income with
your local assessor on or before the applicable taxable status
date, which is generally March 1.
• In the Village of Bronxville it is January 1;
• In Nassau County it is January 2;
• In Westchester towns it is either May 1 or June 1;
• In cities, check with your assessor.
For further information, ask your local assessor. Visit our website
or your locality’s website to nd your local assessor’s contact
information.
Do not le this form with the New York State Department
of Taxation and Finance or the Oce of Real Property Tax
Services.
Application instructions
Print the name and mailing address of each person who owns
and primarily resides in the property. (If the title to the property
is in a trust or is held in a life estate, the trust beneciaries or
life tenants are deemed to be the owners for STAR purposes.)
There is no single factor which determines whether the property
is your primary residence, but the assessor will consider factors
such as voting location, automobile registrations, and the length
of time you occupy the property each year. The assessor may
ask you to provide proof of residency and ownership.
You can nd the parcel identication number on either the
assessment roll or your tax bill.
Proof of income for STAR purposes
You are required to submit proof of income with this form. Proof
of income is your 2020 federal or state income tax return. Do
not submit your 2021 tax forms. If you were not required to le a
federal or New York State income tax return for 2020, complete
Form RP-425-Wkst, Income for STAR Purposes Worksheet,
and submit it to the assessor along with this form. To determine
your income eligibility, use the following table to identify line
references on your 2020 federal or state income tax returns.
Form
number
Title of income
tax form
Income for STAR
purposes
Federal
Form 1040
U.S. Individual
Income Tax
Return
Adjusted gross income
(line 11) minus taxable
portion of IRA distributions
(line 4b)
NYS
Form IT-201
Resident
Income Tax
Return
Federal adjusted gross
income (line 19) minus
taxable portion of IRA
distributions (line 9)
This Area for Assessor’s Use Only
Date application received:
Proof of income: Yes No
Proof of residency: Yes No
Approved: Yes No
Assessor’s signature Date
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RP-425-B Application for Basic STAR Exemption for the (New York State)

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Completed 15 August 2021

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