Category 2: The Basic STAR Exemption

Effective April 1, 2016, new Basic STAR exemption applicants will now need to register with the NYS Office of Real Property Tax Services (ORPTS,) Department of Taxation and Finance, in order to receive a Basic STAR exemption credit, which will be used to new applicants in the form of a check to be issued by ORPTS.  The amount of STAR benefit is the same regardless of how you receive it. 

To register and for all inquiries, please visit www.tax.ny.gov or call #(518) 457-2016.  
     
The eligibility criteria are the same for both the STAR credit and the STAR tax exemption.  You can't receive both the credit and the exemption. 

-  To receive the STAR credit or exemption, you must own your home and it must be your primary residence;   
-   The total income of the owners and the owners' spouses who primarily reside at the property must not exceed   
    $500,000.        
 
The Basic STAR exemption benefit for tax year 2016 was $1,345.68. The new law also limits STAR benefits from increasing year-to-year to a maximum of 2% per annum.