Harris to endorse protections for renters and removal of key tax benefits for Wall St. investors buying homes - eviltoast
  • andrewth09@lemmy.world
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    3 months ago

    it seems the STAR credit is not available to new homeowners. It’s only available to people who are grandfathered in.

    You might be looking at the enhancement STAR which has more complex requirements. Here is the PDF for new homeowners and here is the actual eligibility page.

    edit: OH you are looking at the STAR exemption vs the STAR credit. Yeah it’s basically the same thing. One is applied to your taxes before you receive your tax bill (and is being phased out since 2015) and the other is a direct deposit you receive. Same amount.

    • Rivalarrival@lemmy.today
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      3 months ago

      Ah, I see. Yes, I only did some very brief research to verify the concepts matched; I didn’t delve into the specifics.