Skip to main content
April 27, 2023
Question

Were do i find were i put my star info because its saying i had more property and dont

  • April 27, 2023
  • 1 reply
  • 0 views
id like answers to my first ?

1 reply

Employee
April 27, 2023

If you received a New York State STAR property tax rebate, you reduce your amount of property taxes in the mortgage interview by the amount of the rebate (in the main, federal tax deductions window).  In other words, if your 1098 shows you paid $5000 in property taxes, but you received a $500 rebate, then you only really paid $4500 in taxes and that's what you should enter as your property tax deduction. 

 

You may also be asked in the New York module to enter the amount of the rebate, but this does not affect your tax refund and is used by the state for tracking purposes only.