The Department of Finance applies most property tax credits towards your next bill unless you request a refund. Please allow eight weeks to process your claim.To request a refund, submit an amended tax return or the appropriate form in the NYC-UTX series. New York offers several New York City income tax credits that can reduce the amount of New York City income tax you owe. To apply for the credit, taxpayers must fill out NYC-208 and attach it to their NYS income tax return. Individuals may file Form PTCX for tax years 2021 to 2023 and businesses can file an amended tax return to claim the credit. When all fees and charges owing to the university are paid and a credit balance remains on your SOLUS account, you may be eligible for a refund. Information about Form 5695, Residential Energy Credits, including recent updates, related forms and instructions on how to file. Tax credits, deductions and savings plans can help taxpayers with their expenses for higher education.