Have you received a lump sum from New York? If you own a house in New York and aren’t sure whether or not you’re eligible for a refund, you might want to find out. An estimated 3 million homeowners in New York have received refunds.
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These homeowners have qualified for rebates of up to $1,050 on their property taxes. Obviously, the sum fluctuates. Here in New York City, residents received $425 on average from the state. What, therefore, do you advise I do?
You should start by wondering if you actually qualify for this payout.
When and How Do I Get This Money?
The following are the requirements to receive this compensation. To begin, you must be eligible for a STAR credit or exemption in 2022.
Read more: Good News for New Jersey’s Working Youth: a New Law Taking Effect in 2023.
Second, your taxable income for the year 2020 must be below $250,000. Lastly, your 2022-2023 school year school tax liability must be higher than your 2022 STAR benefit.
Help is Available at This Link.
Do you still have doubts regarding your eligibility? Not at all! Obtaining this state-issued resource is a great help.
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To proceed, please click here.
Read more:Â Video Shows New Jersey State Police Finding and Saving a Missing Man.
Now, those who are eligible should have already received a check in the mail; however, it is possible that the check was not sent to the correct address or that it was lost in transit.
Please visit the New York State Department of Taxation and Finance online if you feel this may have happened to you.
