You'll need to sign in or create an account to connect with an expert.
New York City enhanced real property tax credit may be available to New York City residents who have a household gross income of less than $200,000, and pay either real property taxes or rent for their residences. The credit can be as much as $500. If the amount of the credit is more than your tax for the year, the excess is treated as an overpayment of tax to be credited or refunded without interest
You are entitled to this refundable credit if you:
How much is the credit?
How to claim the credit
For additional information on claiming this credit, see Form NYC-208, Claim for New York City Enhanced Real Property Tax Credit, and its instructions.
For additional information please select the following links:
https://www.tax.ny.gov/pit/credits/new_york_city_credits.htm
New York City enhanced real property tax credit may be available to New York City residents who have a household gross income of less than $200,000, and pay either real property taxes or rent for their residences. The credit can be as much as $500. If the amount of the credit is more than your tax for the year, the excess is treated as an overpayment of tax to be credited or refunded without interest
You are entitled to this refundable credit if you:
How much is the credit?
How to claim the credit
For additional information on claiming this credit, see Form NYC-208, Claim for New York City Enhanced Real Property Tax Credit, and its instructions.
For additional information please select the following links:
https://www.tax.ny.gov/pit/credits/new_york_city_credits.htm
Is this tax credit available for 2020?
No, the New York City enhanced real property tax credit expired 12/31/2019. See this New York webpage.
Thanks!
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
Karen1949
New Member
az148
Level 3
betsy-leeman
New Member
AS80
New Member
Didi1989
Level 1
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.