RobertB4444
Expert Alumni

Get your taxes done using TurboTax

Most people receive the STAR credit via check or direct deposit.  It is not taxable in New York.

 

Whatever tax implications there are for your building's accounting are factored into the 1098 you receive.  

 

Whether your assessment and the abatement are correctly accounted for is a question for an auditor, unfortunately.

 

@stife94 

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