New York Tax and Finance Department Issues Enhanced STAR Property Tax Exemption Upgrade Deadline Reminder

The New York Department of Taxation and Finance Feb. 17 issued a reminder to seniors that the deadline to apply for greater property tax savings through the Enhanced STAR property tax exemption is March 1, for most localities. The department also mentions that: 1) taxpayers must currently receive the Basic STAR exemption, have one property owner be at least 65 years old by Dec. 31, and have total income for 2021 at or below $93,200 to be eligible for the upgrade; 2) seniors must provide form RP-425-E, Form RP-425-IVP, and their proof of income to apply for the upgrade; and ...