You are correct, the credit expired on 12/31/2019. For clarity, here is a link to information about the NYC Enhanced Real Property Tax Credit.
Who is eligible?
You are entitled to this refundable credit if you:
- had household gross income less than $200,000,
- occupied the same New York City residence for six months or more,
- were a New York City resident for the entire tax year,
- could not be claimed as a dependent on another taxpayer's federal income tax return,
- had a residence that was not completely exempted from real property taxes, and
- meet the conditions as a homeowner or renter below.
- As a homeowner, you or your spouse paid real property taxes and any rent you received for nonresidential use of your residence was 20% or less of the total rent received.
- As a renter, you or a member of your household paid rent for your residence.
Note: The New York City enhanced real property tax credit expired 12/31/2019. See Income tax forms by year to file Form NYC-208 for a prior year.
How much is the credit?
The credit can be as much as $500.
How to claim the credit
- If you file a New York State personal income tax return, claim this credit on your return by filing Form NYC-208 with your return.
- If you are not required to file a New York State income tax return, you may still claim this credit.
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