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The Basic STAR is open to the primary residence of any New York State resident and exempts $30,000 from the true value of a home or property. The Enhanced STAR, for eligible senior citizens at or above age 65, exempts an annually variable amount ($65,300 for the 2015-2016 school year) from the true value of their primary residence. [2]
"Amendment 2 will result in increases to Pulaski County property taxes as public school districts are forced to replace the lost state tax revenue that will be given to private schools."
Federal Tax Refund vs. State Tax Refund. Many taxpayers don't realize there's a difference between state and federal income tax refund timeframes. The IRS typically processes electronic federal ...
The New York State Department of Taxation and Finance (NYSDTF) is the department of the New York state government [1] responsible for taxation and revenue, including handling all tax forms and publications, and dispersing tax revenue to other agencies and counties within New York State. The department also has a law enforcement division, the ...
That state tax refund you just got is a nice little chunk of change; but, before you spend it, ask yourself this: Will I need to pay taxes on it when I file taxes next year? Depending on the method...
A fact from New York State School Tax Relief Program appeared on Wikipedia's Main Page in the Did you know column on 28 December 2008, and was viewed approximately 345 times (check views).
For example, if you deducted $1,500 in state taxes last year, but your state refund this year was $2,000, you only need to report a tax refund of $500 on your federal income tax return.
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