NY FORM IT-229

Forum|Forum|4 years ago
February 7, 2022
2 replies
11 views

ON THE FORM IT ASKS FOR REAL PROPERTY TAXES PAID AFTER STAR EXEMPTON IN BOX B IT THEN ASKS FOR IN BOX D STAR CREDIT OR SCHOOL TAX RELIEF CREDIT RECEIVED. IF YOU TAX BILL ALREADY IS REDUCED BY THE STAR IS THIS A DOUBLE DEDUCTION OR DO YOU ENTER AN AMOUNT HERE ONLY IF YOU RECEIVED A CHECK.

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F

fredr

Level 5

I include the gross amount of school tax bill before star credit in box b and put star credit in box d . Also put other property taxes in box b.

T

TerryO

Level 2

Sorry for this question but for Form NY IT229, Part 3 Box C, does the amount of mortgage interest paid on the residence go in this box. The Instructions for this Form does not give any details regarding this, it does seem to imply interest paid on the residence should be reflected in this box.

Thanks in advance for the help on this question

J

jr33Author

Level 3

I don't think it mortgage interest its interest and penalties paid on late payments of taxes if included in the tax amount.

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TerryO

Level 2

Thanks for your response. It didn’t seem logical that it was calling for mortgage interest but I figured I would ask. Thanks again.

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