Get Ny Tc108 2025-2026

The NY TC108 form is an application for a reduction in the assessed value of one, two, or three-family houses and other class one properties in New York City. This guide provides clear, step-by-step instructions to assist users in completing the form accurately and efficiently.

Follow the steps to complete the NY TC108 application with ease.

1. Press the ‘Get Form’ button to obtain the TC108 form and open it in your preferred document editor.
2. Start by filling in Section 1, 'Property Identification.' Enter the block and lot from your Notice of Property Value. If applicable, file a separate TC108 for each lot.
3. In Section 2, 'Applicant,' indicate whether you are the owner or a tenant paying property taxes. If you are not the owner or a qualifying tenant, complete Form TC200 alongside the TC108.
4. Complete Section 3, 'Contact Information,' providing details for the person or firm that will be the point of contact regarding this application.
5. In Section 4, 'Claim of Market Value,' enter your estimate of the market value of the property. Calculate the assessed value by multiplying your market value estimate by 6% and compare it against the assessed value from the Notice of Property Value.
6. For Section 5, 'Hearing Request,' choose your preferred method of hearing. Options include an in-person hearing, telephone hearing, or a video conference.
7. Fill out Section 6, 'Property Description,' detailing the property's characteristics, including the number of kitchens, baths, stories, and any recent alterations.
8. Complete Section 7, 'Nonresidential Rental Activity,' if applicable, and note any parts of the property rented for nonresidential purposes.
9. Provide information in Section 8, 'Sale, Construction, Demolition, or Refinancing,' if there have been any relevant changes since January 5, 2023.
10. In Section 9, 'Information in Support,' list additional documentation or sales evidence supporting your market value claim.
11. Finally, sign and date the form in Section 10, 'Signature and Certification,' ensuring all information is accurate before submission.
12. Save your completed TC108 form and any attachments, then print or download it for filing. The submission can be done in person or by mail as per the guidelines.

Get started by filling out your TC108 online today!