Are you a taxpayer in Nassau County, New York? If so, then you may be wondering what NC 425 form is and why it’s important. The NC 425 Form is an application to be exempt from school taxes or taxes associated with special tax districts. It's essential to fill out this document correctly since the answer could mean saving hundreds or even thousands of dollars on your annual property tax bill. In this blog post, we’ll provide an overview of the NC 425 exemption form and how to complete it properly as well as all other relevant information that will help make sure you get the most value possible out of your return this year!
| Question | Answer |
|---|---|
| Form Name | Nassau Nc 425 Form |
| Form Length | 3 pages |
| Fillable? | No |
| Fillable fields | 0 |
| Avg. time to fill out | 45 sec |
| Other names | BASICSTARAPPLIC ATION_000 nc 425 nassau star property tax exemption form |
NASSAU COUNTY DEPARTMENT OF ASSESSMENT
APPLICATION FOR BASIC SCHOOL TAX RELIEF (STAR)
EXEMPTION
(See instructions on back)
Ownership – a copy of the latest deed, not the mortgage.
Names of ALL Owners (as recorded on deed) |
Date of Birth |
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Marital Status |
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Social Security Number |
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b) |
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c) |
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Property Address |
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Deed (Liber) # |
Deed (Page) # |
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Telephone Number |
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Telephone Number |
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(If Known) |
(If Known) |
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Day |
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Evening |
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Cooperative Bldg# _____ Cooperative Apt# _____ Corporation Name _______________
Cooperative Apartment owners must attach a copy of the CERTIFICATE OF SHARES
Property Identification |
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For Condominiums & |
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Town |
School Dist. |
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Block |
Lot |
CA# or Bldg# |
Tax Unit# |
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TOWN _____ SD ______ SEC ______ BLK ______ LOT ______ CA# or BLDG#
Proof of Residence – must be attached to this application. Current car registration, current voter |
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registration card, current NYS tax return, driver’s license, |
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residency must have the current address as listed above. If the property is in a life estate, the life estate |
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TAX UNIT# For Condo’s & |
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holder must supply the proof of residency and sign the application. |
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A Basic STAR application must be |
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and you must notify the Assessor, in writing within 60 days of the date of transfer, to remove any |
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exemption(s) on a previous residence prior to filing the new application. This exemption is not transferable. |
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Copy of the Entire Trust – If the property has been placed in a trust, a copy must be attached. |
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CERTIFICATION (All Primary Resident Owners Must Sign) |
I (We) certify that all of the above information made on this application is true and correct and that the property
listed above is my (our) legal primary residence. I (We) understand it is my (our) obligation to provide any documentation of eligibility that is requested and to notify the assessor if I (we) relocate to another primary residence. I (We) understand that any willfully false statements of fact will be grounds for disqualification from further exemption for a period of five years and a fine as set forth in New York State Real Property Tax Law.
Signature(s)
Date
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Note: The completed application must be filed with the Nassau County Department of Assessment on or before the taxable status date of January 2nd. Due to the extremely large volume of STAR applications processed by this Department, it is recommended that the applications be filed before December 31.
Senior Citizen Homeowners (65 or older): If your income qualifies, you may be eligible for the Enhanced STAR Exemption.
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THIS SPACE IS FOR ASSESSOR’S USE ONLY
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Proof of Ownership |
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No |
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Approved |
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No |
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Proof of Primary Residence |
Yes |
No |
Assessor’s Signature ____________________________ Date __________ |
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Rev. 7/11 |
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RP 425 (7/11) |
Page 2 |
NASSAU COUNTY DEPARTMENT OF ASSESSMENT
The New York State BASIC School Tax Relief (STAR) Program provides an exemption from school taxes for
The BASIC STAR exemption is for all homeowners, regardless of age or income, including senior citizens whose income does not qualify for the Enhanced STAR. If you own your primary residence, your property should be eligible for the Basic STAR exemption, but you must apply for it. A Basic STAR application does not have to be renewed each year; however, a STAR application must be
Application Instructions for the BASIC STAR exemption
1.Fill out the application completely. If not already preprinted, enter name, address and property identification. Failure to provide a social security number may cause your application to be denied.
2.Name on deed or shares must correspond with the name on the application. If the name does not match, proof of ownership (i.e. probated will, trust, etc.) must be submitted.
3.Attach a copy of the deed. Cooperative apartment owners must attach a copy of the Certificate of Shares.
4.Attach a copy of proof of primary residence – i.e. Current car registration, current voter registration card, current NYS tax return, driver’s license,
5.If the property is in a Life Estate, the life estate holder must sign and supply the proof of residency.
6.A copy of the Probated Will – If the owner(s) on the deed is(are) deceased.
7.A copy of the entire Trust – If the property has been placed in a Trust.
New Homeowners:
If you have filed for the Basic STAR Exemption on your previous residence, you must reapply on your new home and notify the Assessor, in writing within 60 days of the transfer, to remove any previous exemption prior to filing the new application. The STAR exemption is not transferable.
Caution: Anyone who misrepresents his or her primary residence may be subject to a $100.00 penalty, may be prohibited from receiving the STAR exemption for five years, and may be subject to criminal prosecution.
The completed application must be filed with the Nassau County Department of Assessment on or before the taxable status date of January 2nd. Due to the extremely large volume of STAR applications processed by this Department, it is recommended that the applications be filed as early as possible.
Para asistencia en Español llame al (516)
NASSAU COUNTY DEPARTMENT OF ASSESSMENT
240OLD COUNTRY ROAD, 4TH FLOOR MINEOLA, NEW YORK 11501
Rev. 7/11 |