New York Combined Real Estate Transfer Tax Return, Credit Line Mortgage Certificate, and Certification of Exemption from the Payment of Estimated Personal Income Tax; Revised 10/26; Seenotice about address change.Seeinformation about the STAR credit.

• Category: New York Statewide - Real Estate - Title - Transfer and Mortgage Recording Tax
• State: New York
• Control #: NY-TP-584-0
• Format: PDF

Description

Combined Real Estate Transfer Tax Return, Credit Line Mortgage Certificate, and Certification of Exemption from the Payment of Estimated Personal Income Tax; Revised 10/26; Seenotice about address change.Seeinformation about the STAR credit. The New York Combined Real Estate Transfer Tax Return, Credit Line Mortgage Certificate, and Certification of Exemption from the Payment of Estimated Personal Income Tax are three documents used when transferring real estate in New York State. The New York Combined Real Estate Transfer Tax Return is a form used to calculate and report the transfer taxes due when buying or selling real estate in New York State. The form must be completed by the seller and/or buyer and submitted to the appropriate county clerk or other taxing authority. It must be accompanied by the Credit Line Mortgage Certificate and Certification of Exemption from the Payment of Estimated Personal Income Tax. The Credit Line Mortgage Certificate is a form used to certify that the mortgagor has received credit for the amount of the transfer tax due on the transfer of real estate. It must be completed by the seller and/or buyer and submitted to the appropriate county clerk or other taxing authority. The Certification of Exemption from the Payment of Estimated Personal Income Tax is a form used to certify that the seller and/or buyer is exempt from paying the estimated personal income tax due on the transfer of real estate. It must be completed by the seller and/or buyer and submitted to the appropriate county clerk or other taxing authority. The Revised 10/26 Notice about Address Change is a notice sent to New York State residents when their address has changed. It is important to update your address with the New York State Department of Taxation and Finance to ensure that you receive all important notices and documents. The STAR Credit is a New York State property tax credit available to eligible homeowners. It is applied to the homeowner’s property tax bill and can reduce the amount of taxes owed. Eligible homeowners must apply for the STAR Credit each year.

The New York Combined Real Estate Transfer Tax Return, Credit Line Mortgage Certificate, and Certification of Exemption from the Payment of Estimated Personal Income Tax are three documents used when transferring real estate in New York State. The New York Combined Real Estate Transfer Tax Return is a form used to calculate and report the transfer taxes due when buying or selling real estate in New York State. The form must be completed by the seller and/or buyer and submitted to the appropriate county clerk or other taxing authority. It must be accompanied by the Credit Line Mortgage Certificate and Certification of Exemption from the Payment of Estimated Personal Income Tax. The Credit Line Mortgage Certificate is a form used to certify that the mortgagor has received credit for the amount of the transfer tax due on the transfer of real estate. It must be completed by the seller and/or buyer and submitted to the appropriate county clerk or other taxing authority. The Certification of Exemption from the Payment of Estimated Personal Income Tax is a form used to certify that the seller and/or buyer is exempt from paying the estimated personal income tax due on the transfer of real estate. It must be completed by the seller and/or buyer and submitted to the appropriate county clerk or other taxing authority. The Revised 10/26 Notice about Address Change is a notice sent to New York State residents when their address has changed. It is important to update your address with the New York State Department of Taxation and Finance to ensure that you receive all important notices and documents. The STAR Credit is a New York State property tax credit available to eligible homeowners. It is applied to the homeowner’s property tax bill and can reduce the amount of taxes owed. Eligible homeowners must apply for the STAR Credit each year.