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Tax Exemption List

  • Basic Star
    • No age requirements
    • Income must not exceed $500,000.00 
    • You must own the home & it must be your PRIMARY residence 
    • One-time application (until you move or become 65 years old) 
    • Application must be filed on or before March 1st 
    • Applies only to School Tax
  • Enhanced Star 
    • Must be at least 65 years old o Income limits apply (for 2011, income cannot exceed $79,050.00 (AGI 2009 tax form 1040) 
    • You must own the home & it must be your PRIMARY residence 
    • You must re-apply every year unless you qualify for the Income Verification Program (see Assessor’s Office for details) 
    • Applications must be filed on or before March 1st 
    • Applies only to School Tax
  • Low Income Senior Exemption 
    • Must be at least 65 years old o You must own the home for at least 1 year prior to application & it must be your PRIMARY residence 
    • Income limits apply (for 2011, actual income cannot exceed $32,400.00) 
    • Savings are pro-rated ….County, Town, School and Village percentage savings are determined by income level 
    • This exemption can apply to all taxes except Special District Charges o Application must be filed on or before March 1st o Approximate savings varies depending on income
  • Veterans Exemptions
    • War-Time Vet (15%), Combat Vet (25%) and Veteran Disability (50% x percentage of disability) exemptions are available (up to cap)\
    • Cold War (15% County Only)
    • Must be the PRIMARY residence of the veteran 
    • Your DD-214 must accompany your application 
    • Active Duty during specific periods of war
    • Savings on County/Town tax only
    • Application must be filed on or before March 1st 
  • Other Exemptions Available:
    • Low-Income Disability
    • Volunteer Fireman
    • Agricultural Land
    • Clergy
    • Non-for-Profit
    • Business (Business Investment = minimum of $10,000.00)