This version of the form is not currently in use and is provided for reference only. Download this version of Form RP-425-B for the current year.
This is a legal form that was released by the New York State Department of Taxation and Finance - a government authority operating within New York. As of today, no separate filing guidelines for the form are provided by the issuing department.
Q: What is Form RP-425-B?
A: Form RP-425-B is an application for the Basic STAR exemption in New York.
Q: What is the Basic STAR exemption?
A: The Basic STAR exemption is a property tax exemption available to eligible homeowners in New York.
Q: Who is eligible for the Basic STAR exemption?
A: To be eligible for the Basic STAR exemption, you must be the owner of the property and use it as your primary residence.
Q: How do I apply for the Basic STAR exemption?
A: You can apply for the Basic STAR exemption by submitting Form RP-425-B to your local assessor's office.
Q: What documents do I need to include with the application?
A: You may need to include a copy of your federal or state income tax return, a copy of your deed, or other proof of eligibility.
Q: When is the deadline to apply for the Basic STAR exemption?
A: The deadline to apply for the Basic STAR exemption varies by county, so it's best to check with your local assessor's office.
Q: Is the Basic STAR exemption available in all counties in New York?
A: No, some counties in New York have opted out of the Basic STAR program, so it's important to check if it is available in your county.
Q: What is the benefit of the Basic STAR exemption?
A: The Basic STAR exemption provides a reduction in your property taxes, resulting in potential savings for eligible homeowners.
Q: Can I receive both the Basic STAR exemption and the Enhanced STAR exemption?
A: No, you can only receive either the Basic STAR exemption or the Enhanced STAR exemption, depending on your age and income.
Form Details:
Download a fillable version of Form RP-425-B by clicking the link below or browse more documents and templates provided by the New York State Department of Taxation and Finance.