![]() ![]() The combined income of all owners and of a resident owners spouse cannot be more than 90,550. Income documents will be required to establish your eligibility for this program. Income is federal adjusted gross income minus the taxable amount of total distributions from annuities or individual retirement accounts (commonly known as IRAs). Total income that is more than 250,000 must register for the STAR credit with New York State. You may be eligible for Enhanced STAR if the total household income of all owners and resident spouses or registered domestic partners does not exceed 88,050.įor example, if you own the property and are applying for an exemption that will begin on July 1, 2016, you or your spouse or sibling must be 65 or older by December 31, 2016. ![]() If additional information is needed in the future, you will be contacted. If you are already receiving ESTAR, you do not need to take any further action. New York State already verifies income for all New York City ESTAR recipients. The total income of all owners and resident spouses or registered domestic partners cannot exceed 90,550. You may be eligible for Enhanced STAR if you will be 65 or older in the calendar year in which you apply. To be eligible for Basic STAR your income must be 250,000 or less. If you are receiving an Enhanced STAR exemption or credit, you will not be affected by the new law. The STAR exemption will no longer be available to you, though you will still be eligible for the STAR credit. ![]()
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