Thousands of New York City homeowners will start receiving tax relief checks this summer through New York's School Tax Relief (STAR) program, Governor Kathy Hochul announced on Tuesday.
Over 470,000 city property owners will be owed about $150 million, Hochul said. Most homeowners with income below $500,000 will see a tax relief of $250 to $600, while seniors with income below $110,750 will see anywhere from $700 to $1,500. Eligible residents will start to see the funds directly deposited or sent via check through the mail in the summer and fall.
“The start of summer is also the start of STAR tax relief season for millions of New Yorkers,” Hochul said in a statement. “From tax credits and energy rebates to our expanded child tax credit and middle class tax cuts, we’re continuing to put more money back in New Yorkers’ pockets.”
Homeowners who are eligible and registered for the STAR credit program will receive their STAR check before the deadline for their school taxes. Some parts of the state — including New York City, Buffalo, Rochester and Syracuse — have school tax due dates in late June and July and will receive their STAR benefits soon.
STAR recipients can visit ny.gov/STAR for a delivery schedule. Homeowners can also enroll in the STAR Credit Direct Deposit program through the Homeowner Benefit Portal within the Tax Department’s secure Online Services system.
To ensure homeowners receive their STAR credit by direct deposit this year, they should enroll as soon as possible. To guarantee timely delivery by direct deposit, homeowners should sign up at least 15 business days before their local school tax due date.
“At a time when many families are facing rising housing and living expenses, the STAR program continues to provide critical tax relief for homeowners and seniors," said State Senator Roxanne J. Persaud. "I encourage all eligible New Yorkers to enroll and sign up for direct deposit so they can receive their STAR benefits as efficiently as possible and keep more money in their pockets."
