This is a legal document that was released by the New York City Department of Finance - a government authority operating within New York City.
The document is provided in Polish.
Q: What is the Senior Citizen Homeowners' Exemption Initial Application?
A: The Senior Citizen Homeowners' Exemption (SCHE) Initial Application is a form that senior citizens can fill out to apply for property tax benefits in New York City.
Q: Who is eligible for the Senior Citizen Homeowners' Exemption?
A: Senior citizens who are at least 65 years old, own a co-op apartment, condominium, or one-, two-, or three-family home, and meet certain income requirements are eligible for the SCHE.
Q: What are the income requirements for the Senior Citizen Homeowners' Exemption?
A: As of 2021, the income limit for the SCHE is $58,399 for a single individual and $86,299 for a married couple.
Q: How much property tax reduction can I get with the Senior Citizen Homeowners' Exemption?
A: The SCHE can provide a significant reduction in property taxes for eligible seniors. The amount of the reduction depends on various factors, including the assessed value of the property and the individual's income.
Q: How often do I need to renew the Senior Citizen Homeowners' Exemption?
A: Once approved, the SCHE is generally valid for up to two years. Seniors must reapply every two years to continue receiving the benefits.
Q: Are there any other property tax benefits available for senior citizens in New York City?
A: Yes, in addition to the SCHE, senior citizens may also be eligible for the Enhanced STAR exemption and the Disabled Homeowners' Exemption, depending on their circumstances.
Form Details:
Download a printable version of the form by clicking the link below or browse more documents and templates provided by the New York City Department of Finance.