Overview of the RP-467 Exemption
The RP-467 Exemption provides eligible senior citizens with a partial tax exemption on their primary residence, offering relief based on income and residency requirements, complementing STAR Enhanced benefits.
1.1 Definition and Purpose
The RP-467 Exemption is a New York State tax relief program designed for eligible senior citizens, providing partial property tax exemptions based on income and residency. Its purpose is to assist low-income seniors in affording their primary residences while ensuring compliance with specific eligibility criteria.
1.2 Eligibility Criteria
The RP-467 Exemption requires applicants to be at least 65 years old by December 31 of the year preceding the application. Gross income must not exceed state-defined limits, and the property must serve as the primary residence. Exceptions apply for seniors purchasing property after the tax levy date.
Required Documentation for First-Time Filers
- Completed RP-467 application form.
- Proof of age (driver’s license, birth certificate, or passport).
- Proof of residency (driver’s license or utility bills).
- 2024 Federal Income Tax Return.
2.1 Completed Application Form (RP-467)
First-time filers must submit a fully completed RP-467 application form. This form is essential for determining eligibility and must be filled out accurately. Refer to Form RP-467-I for detailed instructions. Additional resources, such as the Senior Citizens Exemption webpage, are available for guidance. Ensure all required fields are filled to avoid delays.
Visit the NYS Tax Department website for more information.
2.2 Proof of Age (Driver’s License, Birth Certificate, Passport)
Applicants must provide valid proof of age, such as a driver’s license, birth certificate, or passport. This documentation ensures eligibility based on age requirements for the RP-467 exemption. Clear copies are recommended to avoid processing delays. Visit the NYS Tax Department website for additional details.
2.3 Proof of Residency (Utility Bills, Driver’s License)
Applicants must submit proof of residency, such as a valid driver’s license or two utility bills showing both the mailing and service address. These documents confirm the property as the applicant’s primary residence. Clear copies are recommended to ensure proper verification. Visit the NYS Tax Department website for more details.
2.4 Federal Income Tax Return
Applicants must submit their most recent Federal Income Tax Return (e.g., 2023 return). If no return was filed, complete the income section on page 2 of the application. This documentation verifies the applicant’s income for eligibility determination. Visit the NYS Tax Department website for additional guidance.
Application Process
Submit the completed RP-467 application to your local assessor’s office. Ensure all required documents are included. The deadline for submission is March 1st for the upcoming tax year. Visit the NYS Tax Department website for detailed filing instructions.
3.1 Filing Location (City, Town, or Village Assessor)
Submit the completed RP-467 application to your local city, town, or village assessor’s office. For county or school district exemptions, file with the respective assessor. Visit the New York State Department of Taxation and Finance website for specific filing locations and requirements;
3.2 Submission Deadline
Applications for the RP-467 exemption must be submitted by March 1st of the taxable year. Late submissions may result in denial. Exceptions apply for qualifying seniors who purchase property after the levy of taxes, allowing a 30-day window from the purchase date to file.
3.3 Exception to Deadline for Qualifying Senior Citizens
Qualifying seniors who purchase property after the levy of taxes may apply within 30 days of purchase. This exception ensures timely processing for eligible applicants, maintaining fairness in the exemption process.
Income Guidelines
The RP-467 Exemption requires applicants to meet specific income limits, with detailed instructions on included sources and allowable deductions to ensure eligibility for senior citizens seeking tax relief.
4.1 Income Limits for Eligibility
Applicants must meet specific income limits, which vary annually. All sources, including pensions, Social Security, and investments, are considered. Seniors with higher incomes may still qualify, though benefits decrease as income rises. Detailed guidelines ensure fairness and transparency in determining eligibility for the exemption.
4.2 Income Sources to Include
The application requires reporting all income sources, including Social Security, pensions, retirement accounts, annuities, and investments. Applicants must also disclose income from part-time jobs, rental properties, and self-employment. Income from all owners and their spouses is considered, ensuring an accurate assessment of eligibility for the exemption.
4.3 Exclusions from Income
Certain income sources are excluded when calculating eligibility, such as Medicaid payments, food stamps, and veterans’ benefits. Additionally, income used to pay for an owner’s care in a residential health care facility is not included in the total income assessment.
Property Requirements
The property must be the applicant’s primary residence, with ownership information detailed. It must be used exclusively for residential purposes, adhering to all specified regulations.
5.1 Primary Residence Requirement
The property must be the applicant’s primary residence, meaning it is their permanent home. Proof of residency, such as a driver’s license or utility bills, is required to verify this status. The property must be used exclusively for residential purposes to qualify for the exemption;
5.2 Title and Ownership Information
The property title must be in the applicant’s name or their spouse’s name. List all owners on the application, referencing the deed for accuracy. If ownership changes after initial application, notify the assessor to maintain eligibility. Joint ownership details must be clearly documented for proper processing.
5.3 Property Use Restrictions
The property must be used exclusively for residential purposes. Commercial or non-residential uses may disqualify eligibility. The exemption applies only to the primary residence, ensuring the property is owner-occupied. Any changes in property use must be reported to maintain exemption eligibility.
Renewal Instructions
Renewal involves submitting Form RP-467-Rnw. Some municipalities allow filing affidavits in lieu of renewal applications, streamlining the process for continued eligibility.
6.1 Renewal Application Form (RP-467-Rnw)
The RP-467-Rnw form is used for renewing the exemption. It streamlines the process for continued eligibility, requiring updated information. Some municipalities allow filing affidavits instead of the full renewal application after five consecutive years of exemption approval.
6.2 Filing Affidavits in Lieu of Renewal Applications
After five consecutive years of exemption approval, eligible senior citizens may file affidavits instead of renewal applications. Forms RP-467-aff/ctv and RP-467-aff/s are used for city, town, village, and school districts, respectively. This streamlined process reduces administrative burdens while maintaining exemption continuity and ensuring uninterrupted tax relief benefits.
6.3 Updating Information for Renewal
Seniors must update their income and residency information annually to maintain eligibility. Any changes affecting exemption status, such as income adjustments or ownership modifications, must be reported. Ensuring accurate and timely updates guarantees uninterrupted benefits and compliance with program requirements.
Additional Forms and Resources
Form RP-467-I provides detailed instructions, while RP-467-Wkst helps calculate income eligibility; Visit the Senior Citizens Exemption webpage for updated resources and guidance.
7.1 Form RP-467-I (Instructions)
Form RP-467-I provides detailed instructions for completing the RP-467 application and renewal forms. It outlines eligibility criteria, required documentation, and income calculation methods. Available on the New York State Tax Department’s website, it ensures accurate completion of the exemption application, covering all necessary steps for first-time and renewal filers.
7.2 Form RP-467-Wkst (Income Eligibility Calculator)
Form RP-467-Wkst is an Excel-based income eligibility calculator for senior citizens applying for the RP-467 exemption. It helps determine if household income meets the program’s limits by calculating total income and applicable exclusions, ensuring accurate eligibility assessment and streamlining the application process.
7.3 Senior Citizens Exemption Webpage
The Senior Citizens Exemption webpage is a key resource for applicants, offering access to forms like RP-467, instructions, and updated information. It ensures applicants stay informed about eligibility, deadlines, and required documentation, helping them navigate the exemption process efficiently.
Where to File
Applications for the RP-467 exemption must be filed with the local assessor’s office or through the New York State Department of Taxation and Finance website.
8.1 Local Assessor’s Office
The RP-467 application must be submitted to the local assessor’s office in the city, town, or village where the property is located. For example, the Peekskill Assessment Department is located at 840 Main Street, Peekskill, NY 10566, and can be contacted at (914) 734-4190 for assistance.
8.2 New York State Department of Taxation and Finance Website
Visit the New York State Department of Taxation and Finance website at www.tax.ny.gov for Form RP-467, renewal applications, and instructions. The site also offers an income eligibility calculator and additional resources to assist with the exemption process.
Frequently Asked Questions
This section addresses common inquiries about the RP-467 Exemption, including eligibility, deadlines, required documentation, and the appeals process for denied applications.
9.1 What if the Property is No Longer the Primary Residence?
If the property ceases to be the primary residence, the exemption must be removed. Notify the assessor promptly to avoid penalties. Failure to report changes may result in exemption reversal and additional taxes owed.
9.2 Can the Exemption Be Transferred to a New Property?
The exemption is property-specific and does not transfer automatically to a new property. If eligible, seniors must file a new application for the exemption on the new primary residence, ensuring compliance with income and residency requirements.
9.3 How to Appeal a Denied Application
If your application is denied, you may appeal by contacting your local assessor to review the decision. Provide additional documentation or evidence to support your eligibility. Follow the specified appeals process outlined by the New York State Department of Taxation and Finance within the required deadline.
Contact Information for Assistance
For assistance, contact your local assessor’s office. Phone: (914) 734-4190. Visit in person at 840 Main Street, Peekskill, NY 10566. Email inquiries are also accepted.
10.1 Phone and Email Contacts
For assistance, contact the local assessor’s office at (914) 734-4190. Email inquiries can also be submitted for guidance on the RP-467 application process. Representatives are available to provide detailed information and support during business hours. Ensure to include your full name and contact details in all communications for prompt responses.
10.2 In-Person Assistance Locations
Applicants can visit the Peekskill Assessment Department at 840 Main Street, Peekskill, NY 10566 for in-person assistance. Local assessor’s offices are also available to provide guidance during business hours. Ensure to bring all necessary documents for a smooth application process.
Income Eligibility Calculator
The RP-467 income eligibility calculator helps determine if applicants meet income requirements. It simplifies the process by calculating qualifying income based on the provided financial data.
11.1 How to Use the Calculator
Access the RP-467 Income Eligibility Calculator on the New York State Department of Taxation and Finance website. Enter your gross income, including pensions, Social Security, and investments, but exclude certain expenses like residential health care costs. Submit the data to determine if your income meets the exemption eligibility criteria. For detailed guidance, refer to the provided instructions or contact the assessor’s office for assistance.
11.2 Benefits of the Calculator
The calculator simplifies the eligibility process, ensuring accuracy and saving time. It helps users quickly assess their qualification, reduces application errors, and offers clear instructions for complex income calculations, making the exemption process more accessible and efficient for senior citizens.
Final Tips for a Smooth Application Process
Ensure a smooth application by submitting all required documents, maintaining copies, and following up regularly. This approach helps avoid delays and ensures proper processing of your exemption request.
12.1 Submitting Complete Applications
Submitting a complete application is crucial to avoid delays. Ensure all required documents, such as the RP-467 form, proof of age, residency, and federal tax return, are included. Double-check that all sections are fully filled out and required fields are completed to facilitate timely processing and approval.
12.2 Keeping Copies of Documentation
Always maintain copies of all submitted documents, including the RP-467 form, proof of age, residency, and federal tax return. Keeping organized records ensures you can quickly address any issues and verify submissions, helping to prevent delays in the application review process.
12.3 Following Up on Application Status
Contact the local assessor’s office to verify receipt and review progress of your RP-467 application. Many municipalities offer online portals or phone inquiries to check status. Follow up promptly to address any issues, ensuring timely processing and approval of your exemption request.