$1,407 Average Check Coming to New York State Residents

Residents of New York State are going to be getting an average check of $1,407 in the mail soon for certain people who are registered.

Now is the time to make sure that you are registered in 2024.

New York State homeowners who qualify and meet all of the criteria will be getting the STAR check in the next few months. The STAR check is meant to help offset some of your school tax bill. New York State updated the 2024 Tax Star credit website mid-April this year.

The average check statewide from 2023 was $778 for the Basic STAR check and $1,407 for Enhanced STAR. The checks will start being processed in the Summer and most will be issued by September 11. You can look up you district and when you will get your check here.

If you have previously registered since owning your home, you will automatically get the credit/check.

How do I get signed up to receive the STAR check from New York State?

You must sign up for the program otherwise, you will not get a check. You can do it online or by phone.

What is the difference between the basic STAR check from New York State and the Enhanced STAR check? How do I get the ENCHANCED STAR Check?

The Basic STAR exemption is available to all eligible homeowners with incomes below $250,000, regardless of the owners’ age.

The Enhanced STAR exemption provides a larger benefit to seniors who meet the Enhanced income and eligibility standards. For starters, you need to be 65 or older by the end of 2024 and you must live in and own you home as your primary residence. Here are all of the criteria to get the ENCHANCED STAR check from the State?

• You own your home and it is your primary residence.
• You will be 65 or older by December 31, 2024. For jointly owned property, only one spouse or sibling must be at least 65 by that date.
• Your income must be $93,200 or less. The income limit applies to the combined incomes of all owners (residents and non-residents), and any owner’s spouse who resides at the property. For STAR purposes, income means federal adjusted gross income minus the taxable amount of total distributions from IRAs (individual retirement accounts and individual retirement annuities)
• To determine your income eligibility for the 2024 Enhanced STAR exemption, refer to your 2023 state or federal income tax return:
• Federal Form 1040. Adjusted gross income (line 11) minus taxable portion of IRA distributions (4B).
• New York State Form IT-201, Resident Income Tax Return

Check out the other criteria here on the New York State website.

You might already have your STAR benefits that automatically come off of your tax bill. Check the New York State website or your local town if you have any questions.