Most Common Exemptions
Basic STAR Exemption: For anyone who owns and lives in a home. No age or income requirement. This exemption applies only to school taxes. PROOF OF RESIDENCY IS REQUIRED. ONE- TIME APPLICATION.
Form RP 425 can be found at www.tax.ny.gov/pdf/current_forms/orpts/rp425_fill_in.pdf
Enhanced STAR Exemption: For any citizen (65 years old before December 31 of that year) who owns and lives in a home and whose adjusted gross income is less than $79,050 per year (2011) (excluding IRA distributions). Applies to school taxes only. COPY OF YOUR MOST CURRENT FEDERAL INCOME TAX RETURN IS REQUIRED. MUST BE RENEWED EACH YEAR.
Form RP 425 can be found at www.tax.ny.gov/pdf/current_forms/orpts/rp425_fill_in.pdf
Renewal Application can be found at www.tax.ny.gov/pdf/current_forms/orpts/rp425rnw_fill_in.pdf
Senior Citizen Exemption: For homeowners 65 years of age before March 1 of that year and with a combined yearly income of less than $37,400 (2011). Must be renewed each year.
Form RP 467 can be found at www.tax.ny.gov/pdf/current_forms/orpts/rp467_fill_in.pdf
Renewal Application can be found at www.tax.ny.gov/pdf/current_forms/orpts/rp467rnw_fill_in.pdf
Veteran's Exemption: a veteran or un-remarried spouse of a veteran who served on active duty during one of the specified periods of war. There is a veterans disability exemption as well. A COPY OF YOUR DD-214 IS REQUIRED. ONE-TIME APPLICATION.
Form RP 458a can be found at www.tax.ny.gov/pdf/current_forms/orpts/rp458a_fill_in.pdf
Agricultural Exemption: for owners of at least seven acres of land to be used for agricultural productivity. Must have produced an average of $10,000 over the previous two years. Land may be leased. INCOME RECORDS MUST BE SUBMITTED WITH ANNUAL RENEWAL. An additional exemption is available for certain buildings associated with agricultural production.
Form RP 305 can be found at www.tax.ny.gov/pdf/current_forms/orpts/rp305_fill_in.pdf
Renewal Application can be found at www.tax.ny.gov/pdf/current_forms/orpts/rp305r_fill_in.pdf
Building Exemption Application can be found at www.tax.ny.gov/pdf/current_forms/orpts/rp483_fill_in.pdf
Business Exemption: This exemption applies to all ad valorem taxes (not to fire district taxes eg.) and applies to such construction, alteration, installation, or improvement that exceeds $10,000 up to a maximum of $50,000. The amount of the exemption in the first year is 50% of the increase in assessed value attributable to the improvement. The exemption amount then decreases by 5% in each of the next nine years. ONE-TIME APPLICATION.
Form RP 485b can be found at www.tax.ny.gov/pdf/current_forms/orpts/rp485b_fill_in.pdf
All forms are available in the Assessor's Office or on line by visiting www.tax.ny.gov/forms/orpts_cur_forms.htm or by clicking on the form numbers indicated above
