Exemption for persons with disabilities and limited incomes

Exemption for persons with disabilities and limited incomes in New York State

Local governments and school districts may lower the property tax of qualified disabled homeowners by providing a partial exemption for their legal residence.

This exemption provides a reduction of up to 50% in the assessed value of the residence of qualified disabled person(s), Those municipalities that opt to offer the exemption also set an income limit. The income limit may be as low as $3,000 and as high as $50,000.

Localities have the further option of giving sliding scale exemptions of less than 50 percent to persons with disabilities whose incomes are more than $50,000. Under this option, qualifying persons may receive a 5% exemption if their income is below $58,400.

Check with your local assessor for the income limits in your community.

Note: If your property receives the senior citizens exemption, it cannot also receive this exemption. If you qualify for both exemptions, you can choose the more beneficial option.

https://www.tax.ny.gov/pit/property/exemption/disablexempt.htm

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