- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
Let's start from scratch.
1. We get a reduction in our property tax, called STAR, on our property tax bills.
2. We get a check - this year mailed out to many on Dec 31, 2019 (rather than direct deposited as NYS could easily do) of a property tax rebate from the state. Not sure what it's called, and if you lose the paper that comes with it you're in trouble. Plus there are no clear instructions as to what you do with it. My UNDERSTANDING is that if you itemize it gets subtracted from what you claim for your property tax.
3. There is this new credit. Even online I can't find a clear English language explanation that helps me understand what to do about it.
Anyone out there who can explain all this?
‎January 20, 2020
10:48 PM