Exemption Form Homestead With Senior Citizens In Bronx

State:
Multi-State
County:
Bronx
Control #:
US-0032LTR
Format:
Word; 
Rich Text
Instant download

Description

Letter from attorney to opposing counsel requesting documentation concerning homestead exemption for change of venue motion.

Form popularity

FAQ

Exemption applications must be filed with your local assessor's office. See our Municipal Profiles for your local assessor's mailing address. Do not file any exemption applications with the NYS Department of Taxation and Finance or with the Office of Real Property Tax Services.

To qualify for an exemption that begins on July 1, you must be 65 or older by the following December 31.

The Senior Citizens exemption program provides tax relief to eligible homeowners aged 65 or older with limited income ($58,399 or less). This section includes forms, affidavits, and resources to assist seniors in applying for property tax reductions.

Exemption applications must be filed with your local assessor's office. See our Municipal Profiles for your local assessor's mailing address. Do not file any exemption applications with the NYS Department of Taxation and Finance or with the Office of Real Property Tax Services.

If you are at least 65 years of age and have owned a one, two, or three-family house, condo, or co-op for at least one year, you may be eligible for a property tax exemption (co-op owners are eligible for County tax exemption only). The income ceiling is currently $58,400, comprising gross income from all sources.

However, in New York State, most programs and services generally consider someone a senior citizen when they turn 65. Once you reach this age, a variety of benefits become available, including reduced transportation fares, senior discounts, tax exemptions, and more.

A homestead is a dwelling that a person uses as their primary residence, whether it is a single-family home, farm home, condo, or mobile home. Your vacation home, condo, or apartment, where you spend weekends or other shorter periods, would not qualify as a homestead.

Age: 65 or older and eligible to receive Social Security or railroad retirement benefits. Certain disabled people under 65 may be eligible after receiving Social Security Disability for two years. Note: Application must be made three months before 65th birthday to avoid penalty.

To qualify for an exemption that begins on July 1, you must be 65 or older by the following December 31.

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Exemption Form Homestead With Senior Citizens In Bronx