Millions of New York homeowners are set to receive $2.1 billion in property tax relief under the state's STAR program. The relief will be shared by approximately 2.78 million homeowners across the state, including 474,000 in New York City and 572,000 in Long Island.
The STAR program is designed to reduce school property taxes for eligible homeowners, with most receiving between $350 to $600, depending on income and eligibility. Senior citizens will receive more help, with payments ranging from $700 to $1,500.
Eligibility for the program depends on owning a home, using it as a primary residence, income limits, and age rules. Most people will qualify if their income is below $500,000, while many seniors qualify if they earn under $110,750.
Homeowners can track their payment status online or sign up for direct deposit through the state tax department system. Payments sent by mail usually take 5 to 10 business days to arrive, but there is no exact delivery date given.
The state will also hold STAR seminars across the state, starting in Erie County, to help people understand and enroll in the program.
