In August 2022 I received a property tax rebate (passed by the NYC Council). It was a rebate of $700 dollars.
I received the benefit because I am currently receiving the STAR benefit.
Each year I reduce my property taxes by the dollar amount I received with the STAR benefit.
Question: Do I need to also reduce my property taxes by the dollar amount of the rebate check I received?
Yes. Reduce your real estate taxes paid by the total amount of the homeowner tax rebate credit received during the tax year;
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