The New York Homeowner Tax Benefit for Clergy (NYH TBC) is a tax relief program that helps eligible clergy members of religious organizations to pay their property taxes. The program is administered by the New York State Department of Taxation and Finance and provides a partial exemption from real estate taxes based on the assessed value of the property. The NYH TBC offers two types of tax benefits for religious organizations: full exemption and partial exemption. The full exemption applies to buildings used exclusively for religious services and related activities, while the partial exemption applies to buildings used for other purposes such as administrative offices or housing. The total amount of exemption is calculated based on the assessed value of the property and the religious organization's total real estate tax liability. The exemption is also limited to a certain amount per year and is subject to income limitations. To be eligible for the NYH TBC, the religious organization must meet certain criteria, such as being an officially recognized religious organization and filing the appropriate paperwork. In addition, the NYH TBC provides an exemption for clergy residence, which is a separate program from the full and partial exemption. The clergy residence exemption is a partial exemption available to clergy members who occupy a residence owned by the religious organization. The amount of the exemption is based on the assessed value of the property and the religious organization's total real estate tax liability. The NYH TBC also offers a property tax rebate for religious organizations that serve low-income or elderly homeowners. The rebate is available to religious organizations that own or lease property that is used to provide services to low-income or elderly homeowners. The amount of the rebate is based on the amount of real estate taxes paid by the religious organization.
New York Homeowner Tax Benefit for Clergy
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To be eligible for a homeowner tax rebate credit in 2022, you must have: qualified for a 2022 STAR credit or exemption, had income that was less than or equal to $250,000 for the 2020 income tax year, and. a school tax liability for the 2022-2023 school year that is more than your 2022 STAR benefit.
You can apply for benefits that can help you save on your property tax bill. New York City and New York State offer homeowners property tax relief in the form of exemptions, abatements, and credits. Eligibility criteria for each program is different. You may qualify to receive more than one benefit.
The amount of the credit is the product of the amount of real property tax which exceeds 6% of the taxpayer's qualified gross income (QGI), and a specified rate based on the taxpayer's QGI. To claim the credit, the computed amount must exceed $250. The maximum credit allowed is $350.
We started mailing checks to eligible taxpayers in October 2022, and continue to mail checks as we process returns.
Contact the Department of Finance. Call 311 or 212-NEW-YORK (212-639-9675) for assistance.
For example, property owned by federal, State and local governments as well as many not-for-profits?including religious organizations, educational institutions and hospitals?is exempt from property taxes.
If you have not received your refund within 30 days of this date, call 518-457-5149.
Age eligibility Each of the owners of the property must be 65 years of age or over, unless the owners are: husband and wife, or. siblings (having at least one common parent) and. one of the owners is at least 65.