For a NYC co-op, do I enter the STAR credit and tax abatement if I did not receive a check, but did receive a credit on my maintenance bill?

[MaryK1 · Accepted solution]

If you did not receive an actual check for the STAR credit, you do not have to enter it because your co-op is required to make the adjustment so it is already accounted for.

See https://www.tax.ny.gov/pdf/publications/orpts/manuals/vol4/app_b_coop.pdf 

[Edited 18.03.18  22:45]

[jacquelinefsnyde]

Even though when I entered my Real Estate Taxes, I entered Net Real Estate Taxes, that is Real Estates Taxes paid less "abatements received by the corporation"?

[MaryK1]

I am going to change my answer- if you did not receive an actual check for the STAR credit, you do not have to enter it because your co-op is required to make the adjustment so it is already accounted for.  See <a rel="nofollow" target="_blank" href="https://www.tax.ny.gov/pdf/publications/orpts/manuals/vol4/app_b_coop.pdf">https://www.tax.ny.gov/pd... apologize for the confusion.

[jacquelinefsnyde]

Thanks