| Posted By |
Message |
| Pages: [1] 2 3 4 >> |
nraboni
Uggh...
Member since 10/09 6905 total posts
Name:
Nicole
|
Rebate Check for School Taxes - 2015
Has anyone received the School Tax Rebate Check for 2015?
|
Posted 1/14/16 2:01 PM  |
| |
|
Long Island Weddings
Long Island's Largest Bridal Resource |
|
|
Re: Rebate Check for School Taxes - 2015
Not yet
|
| Posted 1/14/16 2:05 PM |
| |
|
nraboni
Uggh...
Member since 10/09 6905 total posts
Name:
Nicole
|
Rebate Check for School Taxes - 2015
Do you know if there is a way to check on the status?
|
| Posted 1/14/16 2:10 PM |
| |
|
Aries14
Can't plan life...
Member since 8/08 2860 total posts
Name:
|
Rebate Check for School Taxes - 2015
I heard it wasn't going to be an actual check - just a rebate when you file your taxes.
Or am I thinking of something else? lol
Message edited 1/14/2016 2:15:33 PM.
|
| Posted 1/14/16 2:13 PM |
| |
|
ali120206
2 Boys
Member since 7/06 17792 total posts
Name:
|
Re: Rebate Check for School Taxes - 2015
Posted by Aries14
I heard it wasn't going to be an actual check - just a rebate when you file your taxes.
There are two different things - a rebate check and a tax credit when you file your taxes.
We received our check last week in Rockland County but, I know a lot of people who still haven't.
|
| Posted 1/14/16 2:15 PM |
| |
|
WannaBeAMom11
LIF Adult
Member since 1/11 7391 total posts
Name:
Name
|
Rebate Check for School Taxes - 2015
I can't find a clear cut answer on who is getting checks. Since its Jan I'm thinking I'm only possibly eligible for the tax write off but no clue.
|
| Posted 1/14/16 2:38 PM |
| |
|
MrsB12614
LIF Adult
Member since 4/14 1986 total posts
Name:
Mrs
|
Rebate Check for School Taxes - 2015
Do you know if you get this if we purchased the house in 2015? Or do we need to be in the house for a full year to be eligibile?
|
| Posted 1/14/16 2:48 PM |
| |
|
|
|
Re: Rebate Check for School Taxes - 2015
I have no clue where to check, sorry :(
|
| Posted 1/14/16 4:08 PM |
| |
|
HomeIsWithU
Baby #2 on the way!
Member since 9/07 7816 total posts
Name:
Jenn
|
Re: Rebate Check for School Taxes - 2015
Posted by MrsB12614
Do you know if you get this if we purchased the house in 2015? Or do we need to be in the house for a full year to be eligibile?
I'm wondering this as well. I owned a home in 2015 that I sold, but then purchased a new home in the SAME school district also in 2015. I know my district is eligible for the rebate checks, but I don't know if I apply since I moved.
|
| Posted 1/14/16 4:11 PM |
| |
|
blu6385
Member since 5/08 8351 total posts
Name:
|
Re: Rebate Check for School Taxes - 2015
almost everyone on LI is eligible for the tax check except for a few towns. last year I remember you had to call and they would be able to tell you if your eligible and I think if they mailed the check but if they didn't they couldn't give you a date when.
here
there is nothing you need to do for property tax rebate.
however for the family one this year it will be deduction on your taxes and you have to fill out a form.
here is an article (click me for article )I posted on my FB from last month in the article there is links to the NYS site with more info
also from the article:
To be eligible for a tax rebate, homeowners must qualify for a separate program — the STAR property-tax exemption — and live outside New York City. Their 2013 household income must have been $500,000 or less. The rebate is only on the taxpayer’s primary residence, not a vacation place or second home.
|
| Posted 1/14/16 4:17 PM |
| |
|
Pumpkin1
LIF Adult
Member since 12/05 3715 total posts
Name:
|
Re: Rebate Check for School Taxes - 2015
Posted by blu6385
here is an article (click me for article )I posted on my FB from last month in the article there is links to the NYS site with more info
Can someone copy and paste the article for us non-subscribers?
|
| Posted 1/14/16 7:21 PM |
| |
|
MsSissy
xoxoxo
Member since 3/07 39159 total posts
Name:
|
Re: Rebate Check for School Taxes - 2015
Posted by Pumpkin1
Posted by blu6385
here is an article (click me for article )I posted on my FB from last month in the article there is links to the NYS site with more info
Can someone copy and paste the article for us non-subscribers?
Tax rebate checks are beginning to be received by Long Island homeowners and many of them are substantially larger than last year.
However, some checks have been reduced because local governments failed to meet state requirements for the rebates.
About 600,000 checks will be sent to Nassau and Suffolk counties under the state Property Tax Freeze Credit program between now and early next year, said Geoffrey Gloak, a spokesman for the state Department of Taxation and Finance. A similar number were delivered between late 2014 and February.
He said the department doesn’t yet know the average size of the checks bound for Long Island. It was $173 last year.
The rebate offsets “two years of school tax increases and one year of increases for all other [taxing] jurisdictions, as long as they complied with the requirements,” Gloak said. “We expect that, statewide, the average credit amount will be 2.5 times more than last year.”
Besides school districts, the rebate program now includes other local governments that levy property taxes, including counties, towns, cities, villages and special districts for libraries, fire protection, garbage collection and other services.
The state sets requirements for each jurisdiction’s taxpayers to be eligible for the rebate program, which was adopted by Gov. Andrew M. Cuomo and the State Legislature as part of the 2014-15 state budget.
To receive a rebate of a school tax increase, the school district cannot have pierced the state-imposed 1.56 percent tax cap this year.
The district also must have a cost-savings plan, called a “government efficiency plan,” approved by the state Division of Budget. On the Island, schools account for about 70 percent of the typical property tax bill.
State officials said this week that residents of the East Meadow, New Suffolk and Quogue school districts wouldn’t receive a rebate of their 2015-16 school tax increase. East Meadow’s hike exceeded the tax cap, and New Suffolk, Quogue and East Meadow don’t have approved plans, said Morris Peters, a budget division spokesman.
Two local towns — Oyster Bay and Shelter Island — and 20 villages adopted tax increases that are higher than the tax cap, according to data from the state comptroller’s office. So their residents aren’t eligible for a rebate of those tax hikes.
The affected villages are Belle Terre, Brookville, Cove Neck, Dering Harbor, Great Neck, Great Neck Estates, Head of the Harbor, Hempstead, Hewlett Neck, Kings Point, Lynbrook, Malverne, Munsey Park, North Hills, Ocean Beach, Old Westbury, Patchogue, South Floral Park, Upper Brookville and Williston Park.
Rebate checks are being mailed once a county’s tax rolls are sent to Albany. Most of Nassau’s rolls are in, while Suffolk’s haven’t yet been received, according to Gloak.
To be eligible for a tax rebate, homeowners must qualify for a separate program — the STAR property-tax exemption — and live outside New York City. Their 2013 household income must have been $500,000 or less. The rebate is only on the taxpayer’s primary residence, not a vacation place or second home.
More information is available at on.ny.gov/1OOQg6r or by calling the Tax Department at 518-453-8146.
REDUCING REBATE AMOUNTS
Homeowners will receive smaller tax rebate checks in the following jurisdictions that failed to comply with state requirements:
Towns — Oyster Bay, Shelter Island
Villages — Belle Terre, Brookville, Cove Neck, Dering Harbor, Great Neck, Great Neck Estates, Head of the Harbor, Hempstead, Hewlett Neck, Kings Point, Lynbrook, Malverne, Munsey Park, North Hills, Ocean Beach, Old Westbury, Patchogue, South Floral Park, Upper Brookville, Williston Park
Fire Districts — Bay Shore, Cold Spring Harbor, Deer Park No. 14, Greenlawn, Meadowmere, Miller Place, Nesconset, Westhampton Beach
Library Districts — Amityville, Bellmore, Central Islip, East Hampton, Freeport, Hampton Bays, Island Park, John Jermain, Montauk, North Merrick, Plainview-Old Bethpage, Quogue, Shelter Island, Westbury
Water Districts — Bethpage, Locust Valley, Plainview
Police District — Port Washington
Garbage District — Roslyn
SOURCES: NYS Department of Taxation and Finance, NYS Division of Budget, NYS Comptroller’s Office
|
| Posted 1/14/16 7:50 PM |
| |
|
nraboni
Uggh...
Member since 10/09 6905 total posts
Name:
Nicole
|
Rebate Check for School Taxes - 2015
I thought the School Rebate Check and the Property Tax Rebate Check were two different things. Now I am even more confused.
Is one in the form of a check and the other a deduction when you file your taxes?
|
| Posted 1/15/16 12:25 PM |
| |
|
blu6385
Member since 5/08 8351 total posts
Name:
|
Re: Rebate Check for School Taxes - 2015
Posted by nraboni
I thought the School Rebate Check and the Property Tax Rebate Check were two different things. Now I am even more confused.
Is one in the form of a check and the other a deduction when you file your taxes?
the school and property tax is one thing. in order to qualify for it your school I think wasn't allowing to go over a certain %. this you will just get a check for and it will be different for everyone.
then there is a family rebate for anyone who has a child I think 17 and under and total family income I *think* could only be max $300K a year. For this one you now have to file something with your taxes. last year they just mailed it out and its flat $350
|
| Posted 1/15/16 12:29 PM |
| |
|
nraboni
Uggh...
Member since 10/09 6905 total posts
Name:
Nicole
|
Re: Rebate Check for School Taxes - 2015
Posted by blu6385
Posted by nraboni
I thought the School Rebate Check and the Property Tax Rebate Check were two different things. Now I am even more confused.
Is one in the form of a check and the other a deduction when you file your taxes?
the school and property tax is one thing. in order to qualify for it your school I think wasn't allowing to go over a certain %. this you will just get a check for and it will be different for everyone.
then there is a family rebate for anyone who has a child I think 17 and under and total family income I *think* could only be max $300K a year. For this one you now have to file something with your taxes. last year they just mailed it out and its flat $350
Thank you for explaining!!! I will have to talk to my accountant about the form for the family rebate.
|
| Posted 1/15/16 12:40 PM |
| |
|
BabySurprise
LIF Adolescent
Member since 9/13 556 total posts
Name:
Me
|
Rebate Check for School Taxes - 2015
I never got one last year and lived here since 2014... And my daughter was born in 2014 too so I don't know why were passed over... Don't make anywhere near 300k!
|
| Posted 1/15/16 6:44 PM |
| |
|
|
|
Re: Rebate Check for School Taxes - 2015
Posted by BabySurprise
I never got one last year and lived here since 2014... And my daughter was born in 2014 too so I don't know why were passed over... Don't make anywhere near 300k!
It says it was based on the 2012 return https://www.tax.ny.gov/pit/credits/family_tax_relief_credit.htm
|
| Posted 1/15/16 8:02 PM |
| |
|
sometimesmommy
Always in my heart.....
Member since 11/06 6686 total posts
Name:
|
Rebate Check for School Taxes - 2015
Its tax time and I just saw this. Is there an actually check being mailed or is it a form we give to our accountant?
|
| Posted 1/29/16 4:13 PM |
| |
|
blu6385
Member since 5/08 8351 total posts
Name:
|
Re: Rebate Check for School Taxes - 2015
Posted by sometimesmommy
Its tax time and I just saw this. Is there an actually check being mailed or is it a form we give to our accountant?
The property/school tax will just be mailed the family rebate you have to claim this year. I assume your accountant should know about it but bring it up
|
| Posted 1/29/16 6:46 PM |
| |
|
Serendipity
Summer!
Member since 4/07 7631 total posts
Name:
PrayingWishingHopingALOT
|
Rebate Check for School Taxes - 2015
I thought it was a credit on our tax returns. That we weren't getting actual checks. Im so confused.
|
| Posted 1/30/16 8:37 AM |
| |
|
Serendipity
Summer!
Member since 4/07 7631 total posts
Name:
PrayingWishingHopingALOT
|
Re: Rebate Check for School Taxes - 2015
Posted by blu6385
Posted by nraboni
I thought the School Rebate Check and the Property Tax Rebate Check were two different things. Now I am even more confused.
Is one in the form of a check and the other a deduction when you file your taxes?
the school and property tax is one thing. in order to qualify for it your school I think wasn't allowing to go over a certain %. this you will just get a check for and it will be different for everyone.
then there is a family rebate for anyone who has a child I think 17 and under and total family income I *think* could only be max $300K a year. For this one you now have to file something with your taxes. last year they just mailed it out and its flat $350
Ok..
Seems you are right.
There is a family tax credit that you need to fill out Form IT-114 when you file your taxes. Flat rate credit $350. In the past those checks were mailed, now it is a credit on your taxes when you file.
Then there is a Property Tax credit that checks are being mailed currently. I have not received one yet but according to the NYS tax site it says they are processing checks on a daily basis. So I wonder when we should expect to receive.
Message edited 1/30/2016 8:48:54 AM.
|
| Posted 1/30/16 8:48 AM |
| |
|
sometimesmommy
Always in my heart.....
Member since 11/06 6686 total posts
Name:
|
Rebate Check for School Taxes - 2015
OK. You guys are life savers.
|
| Posted 1/30/16 2:28 PM |
| |
|
Aries14
Can't plan life...
Member since 8/08 2860 total posts
Name:
|
Rebate Check for School Taxes - 2015
I called fot the status of my Property tax credit check on friday and the guy told me it hasnt been processed yet so I won't get it until at least April.
|
| Posted 2/1/16 9:19 AM |
| |
|
JDubs
different, not less
Member since 7/09 13160 total posts
Name:
|
Re: Rebate Check for School Taxes - 2015
Haven't gotten anything yet.
|
| Posted 2/1/16 9:35 AM |
| |
|
ohbaby08
Winter is Coming
Member since 10/07 1718 total posts
Name:
|
Rebate Check for School Taxes - 2015
There is a number you can call to find out how much you are receiving and when the check will be mailed out. Ours goes out 2/4.
518 453-8146
|
| Posted 2/1/16 10:43 AM |
| |
|
| Pages: [1] 2 3 4 >> |
