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Available exemptions The Deadline for all exemptions is march 1 st of each year Basic STAR ~ If you own your home, it’s your primary residence, and your income is $500,000 or less, you’re eligible for the Basic STAR credit. STAR = School Tax Assessment Relief (it is only for school taxes) Enhanced STAR ~ If you own your home, it’s your primary residence, and your income is $86,000 or less, and you are 65 or older, you’re eligible for the Enhanced STAR Exemption (or credit). Senior Citizens with Limited Incomes ~ If you own your home, it’s your primary residence, your income is $25,000 or less, and you are 65 or older, you may be eligible for the Senior Citizens Exemption. This is a sliding-scale exemption based on income. The maximum benefit is 50% off your county & town tax bill. Individuals with Disabilities and Limited Incomes ~ Property must be occupied by the physically disabled resident of the property who is 64 years of age or younger. The disabled person must have a permanent physical impairment that substantially restricts one or more of his major life activities, and such impairment must be certified by a qualified physician or the State Commission for the Blind and Visually Handicapped, as appropriate and the total combined family income is $25,000 or less, you may be eligible for the Disability Exemption. Veteran's Exemptions: The property must be owned by a qualified owner, namely a veteran, the spouse of a veteran or the unremarried surviving spouse of a veteran. A veteran is defined as any of the following: • A person who served in the active military, naval, or air service of the U.S. during a period of war (Spanish-American War, Mexican Border War, World War I, World War II, Korean War (6/27/50 - 1/31/55), Vietnam War (2/28/61 - 5/7/75), or Persian Gulf conflict (on or after 8/2/90) and who was discharged or released under honorable conditions. There are 3 seperate Veteran's Exemptions: • Wartime veteran, non-combat zone (max value: $9000 off assessed value) • Wartime veteran, combat zone (max value: $15,000 off assessed value) • Wartime veteran, disabled (exemption based on VA Disability Rating) Agricultural Exemption ~ If you have seven or more acres of land used as a single operation for the production for sale of crops, livestock, or livestock products, exclusive of woodland products, which has an average gross sales value of at least $10,0000 OR seven acres or more of land being so used under a written rental arrangement of five or more years in conjunction with land which is eligible for an agricultural assessment, you may be eligible for an Agricultural Exemption. Agricultural Building Exemption ~ A newly built structure or building that is essential to the operation of lands actively devoted to agricultural or horticultural use may be eligible to receive a Ag Building Exemption. Lands actively devoted to agricultural or horticultural use are defined as lands not less than five acres in area actually used in bona fide agricultural or horticultural production and operation carried on for profit. The term "agricultural and horticultural" includes the activity of raising, breeding and boarding of livestock, including commercial horse boarding operations. Solar/Wind Energy Exemption ~ Real property that contains a solar energy, wind energy, farm waste energy, micro-hydroelectric energy, fuel cell electric generating, micro-combined heat and power generating equipment, or an electric energy storage system approved by the State Energy Research and Development Authority is exempt from taxation for a period of 15 years to the extent of any increase in assessed value due to the addition of the system.