Homeowners in the state of New York can qualify for the School Tax Reduction (STAR) program and will hit to their mailboxes at the end of this year.
STAR Program benefits 2023 in New York. (Photo: Yorkers)
STAR Rebate Checks 2023
Qualified and eligible homeowners in New York State can get property tax reductions under the School Tax Relief (STAR) program. Those who qualify will receive the STAR benefit checks and exemptions reflected on school property tax bills in their mailboxes at the end of this year.
In a published article in BC Nursing 2022, the eligibility for the STAR program depends on income and the type of property homeowners have. This program aims to help millions of Americans save hundreds of dollars each year on their bills in New York.
READ ALSO: $7,500 In Rebates For Qualified Residents In Maryland
Benefits of STAR Rebate Checks 2023
According to an article published in The U.S. Sun, those who qualified in the STAR program can enjoy one of the following benefits below:
- STAR rating, the tax department will provide your STAR benefit via cheque or direct deposit if you are registered for the STAR credit. Your school taxes can be paid using your STAR benefit. If you own your house, use it as your principal residence, and your combined income with your spouse’s is $500,000 or less, you are eligible for the STAR credit.
- STAR exemption is a lower amount due for school taxes. You are eligible to keep getting the STAR exemption for the same principal residence if you have been receiving it since 2015. Your school tax bill will be lowered by the amount of your STAR exemption as long as you are still eligible.
