Rp 425 Ivp Form PDF Details

In the realm of property tax exemptions in New York, the RP-425-IVP form emerges as a crucial document for homeowners aiming to benefit from the Enhanced STAR exemption. This supplemental form, issued by the Department of Taxation and Finance, is an integral part of the application process for taxpayers seeking to reduce their property tax burden. Its primary role is to validate the applicants' income eligibility, a mandatory step to qualify for the Enhanced STAR exemption. To achieve this, homeowners are required to provide extensive details including personal identification, property location, and comprehensive income data alongside their form RP-425-E and income proof. By signing this authorization form, applicants grant the New York State Department of Taxation and Finance permission to use their provided Social Security numbers for annual income verification, ensuring their earnings do not exceed the set thresholds for exemption eligibility. Additionally, the RP-425-IVP form accommodates a range of filing statuses and caters specifically to Nassau County residents through a tailored application process. With privacy considerations meticulously outlined in accordance with the Privacy Act of 1974, this form symbolizes a well-structured approach to tax exemption, embedding transparency and security at its core.

QuestionAnswer
Form NameRp 425 Ivp Form
Form Length3 pages
Fillable?No
Fillable fields0
Avg. time to fill out45 sec
Other namesnys form 425rp, how to fill out rp 425 ivp, rp 425 wkstform, form rp 425 ivp

Form Preview Example

Department of Taxation and Finance

RP-425-IVP

Office of Real Property Tax Services

 

Supplement to Form RP-425-E

(8/20)

Mandatory for all Enhanced STAR Applicants

When applying for the Enhanced STAR exemption, you must submit this form to your assessor along with your Enhanced STAR application form and proof of income. For more information, see page 3.

Name(s) of owner(s)

 

 

 

 

 

 

 

 

 

Location of property (street address; include unit number)

 

Mailing address of owner(s) (number and street - include unit number - or PO Box)

 

 

 

 

 

 

City, town, or village

State

ZIP code

City, village, or post office

State

ZIP code

 

 

 

 

 

School district

 

 

Daytime contact number

Evening contact number

 

 

 

 

Property identification Tax map number or section/block/lot (see tax bill or assessment roll)

Email address

 

 

 

 

 

 

 

 

All owners of the property, and any owner’s spouse who resides on the premises, must provide their Social Security numbers and sign the authorization below. Failure to do so will result in denial of the Enhanced STAR exemption.

Authorization

I (we) authorize the New York State Department of Taxation and Finance to annually verify, using my (our) Social Security number(s) supplied below, whether my (our) income is less than or equal to the applicable annual income standard for purposes of the Enhanced STAR exemption.

First owner information – Provide information for every owner, and any spouse even if not an owner.

First name and middle initial

 

 

 

 

 

 

 

 

 

Last name

 

 

 

 

 

 

Suffix

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Social Security number

 

 

 

 

 

 

Date of birth (mm/dd/yyyy)

 

 

Is this your primary residence?

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Yes

 

No

Mark all that apply: Owner

 

 

*Spouse of an owner

*Sibling of another owner

 

* Provide name(s) of spouses and siblings below.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Name(s) and relationship(s) of spouse or sibling/owner:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income information for first year of application (see instructions):

 

 

 

 

 

 

 

 

Calculated income $

 

 

 

 

 

 

 

 

 

Tax year

 

 

 

 

Income documentation (mark one below):

 

 

 

 

 

 

 

 

 

 

 

 

 

Federal Form 1040

 

 

 

 

 

 

 

NYS Form IT-201

 

Form RP-425-Wkst (see instructions)

Filing status:

Single

 

Married filing joint

 

Married filing separate

Head of household

Qualifying widow(er)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Signature

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Date

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(continues on page 2)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For assessor’s use only

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Municipal code

0 0

 

 

Ownership code (Enter M or C if this property is a mobile home or a cooperative)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

RP-425-IVP (8/20)  Page 2 of 3

Additional owner or spouse information – Provide information for every owner, and any spouse even if not an owner.

First name and middle initial

 

 

 

 

Last name

 

 

 

 

 

Suffix

 

 

 

 

 

 

 

 

 

 

 

 

Social Security number

 

 

Date of birth (mm/dd/yyyy)

 

 

Is this your primary residence?

 

 

 

 

 

 

 

 

 

 

 

 

Yes

No

 

 

 

 

 

 

 

 

 

 

 

 

 

Mark all that apply: Owner

*Spouse of an owner

*Sibling of another owner

 

* Provide name(s) of spouses and siblings below.

 

 

 

 

 

 

 

 

 

 

 

 

 

Name(s) and relationship(s) of spouse or sibling/owner:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income information for first year of application (see instructions):

 

 

 

 

 

 

Calculated income $

 

 

 

 

Tax year

 

 

 

 

Income documentation (mark one below):

 

 

 

 

 

 

 

 

Federal Form 1040

 

 

NYS Form IT-201

 

Form RP-425-Wkst (see instructions)

Filing status:

Single

Married filing joint

Married filing separate

Head of household

Qualifying widow(er)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Signature

 

 

 

 

 

 

 

 

 

 

 

Date

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Additional owner or spouse information – Provide information for every owner, and any spouse even if not an owner.

First name and middle initial

 

 

 

 

Last name

 

 

 

 

 

Suffix

 

 

 

 

 

 

 

 

 

 

 

 

Social Security number

 

 

Date of birth (mm/dd/yyyy)

 

 

Is this your primary residence?

 

 

 

 

 

 

 

 

 

 

 

 

Yes

No

Mark all that apply: Owner

*Spouse of an owner

*Sibling of another owner

 

* Provide name(s) of spouses and siblings below.

 

 

 

 

 

 

 

 

 

 

 

 

 

Name(s) and relationship(s) of spouse or sibling/owner:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income information for first year of application (see instructions):

 

 

 

 

 

 

Calculated income $

 

 

 

 

Tax year

 

 

 

 

Income documentation (mark one below):

 

 

 

 

 

 

 

 

Federal Form 1040

 

 

NYS Form IT-201

 

Form RP-425-Wkst (see instructions)

Filing status:

Single

Married filing joint

Married filing separate

Head of household

Qualifying widow(er)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Signature

 

 

 

 

 

 

 

 

 

 

 

Date

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Additional owner or spouse information – Provide information for every owner, and any spouse even if not an owner.

First name and middle initial

 

 

 

 

Last name

 

 

 

 

 

Suffix

 

 

 

 

 

 

 

 

 

 

 

 

Social Security number

 

 

Date of birth (mm/dd/yyyy)

 

 

Is this your primary residence?

 

 

 

 

 

 

 

 

 

 

 

 

Yes

No

 

 

 

 

 

 

 

 

 

 

 

 

 

Mark all that apply: Owner

*Spouse of an owner

*Sibling of another owner

 

* Provide name(s) of spouses and siblings below.

 

 

 

 

 

 

 

 

 

 

 

 

 

Name(s) and relationship(s) of spouse or sibling/owner:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income information for first year of application (see instructions):

 

 

 

 

 

 

Calculated income $

 

 

 

 

Tax year

 

 

 

 

Income documentation (mark one below):

 

 

 

 

 

 

 

 

Federal Form 1040

 

 

NYS Form IT-201

 

Form RP-425-Wkst (see instructions)

Filing status:

Single

Married filing joint

Married filing separate

Head of household

Qualifying widow(er)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Signature

 

 

 

 

 

 

 

 

 

 

 

Date

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Page 3 of 3   RP-425-IVP (8/20)

Instructions

You must include this form when applying or reapplying for the Enhanced STAR exemption.

General information

To apply for the Enhanced STAR exemption, submit this application and Form RP-425-E, Application for the Enhanced STAR Exemption to your assessor.

You must also provide proof of income as described on the above forms.

When submitting this form, you must supply the Social Security numbers of all owners of the property and of any owner’s spouse who resides on the premises.

In the first year, the assessor will verify your eligibility based on the income information you provide. (See Income information.) In the following years, the New York State Department of Taxation and Finance will verify your income eligibility. You will not need to reapply for the exemption or provide copies of your tax returns to your local assessor.

The Tax Department will not disclose your income to the assessor. It will only disclose whether or not your income is below the applicable income standard.

Nassau County homeowners: Complete

Form RP-425-IVP along with the county’s Enhanced STAR Property Tax Exemption Application,

which is available at Nassau County’s website at www.nassaucountyny.gov (search: STAR). Submit both forms to the address on page 2 of Nassau County’s application.

Income information

This is the income that the assessor will use to verify your eligibility in your first year of applying for the Enhanced STAR exemption.

Calculated income – Refer to Proof of income for STAR purposes on page 3 of Form RP-425-E for instructions on how to calculate income.

Tax year – Income is based on the tax year two years prior to the year for which you are applying for an exemption. For example, if you are applying for an

Enhanced STAR exemption for the 2024-2025 school year, income is based on the 2022 tax year.

Income documentation – Indicate the income tax form that was used to document income. If you did not file a Federal or New York State income tax return for the required year, complete Form RP-425-Wkst, Income for STAR Purposes Worksheet, and submit it with

Form RP-425-E and this form.

Privacy notification

The Privacy Act of 1974 requires us to advise you that the law which allows us to ask for your Social Security numbers is New York Real Property Tax Law section 425 (4)(b). It is mandatory that you furnish your Social Security numbers. Once you furnish them, they will be forwarded to the New York State Department of Taxation and Finance, which will use them to verify, or

attempt to verify, whether your income is greater than the applicable income standard for purposes of the Enhanced STAR exemption. If you do not furnish your Social

Security numbers, you will be unable to receive an Enhanced STAR exemption.

How to Edit Rp 425 Ivp Form Online for Free

This PDF editor makes it easy to fill out the 425 ivp form document. You will be able to obtain the form effortlessly through using these simple actions.

Step 1: Choose the button "Get Form Here".

Step 2: Now it's easy to change the 425 ivp form. The multifunctional toolbar will allow you to include, erase, adapt, and highlight text or perhaps conduct other sorts of commands.

Complete the next parts to complete the document:

part 1 to filling in rp 5300 ws form download

You should submit the First name and middle initial, Last name, Suffix, Social Security number, Date of birth mmddyyyy, Is this your primary residence, Mark all that apply Owner, Spouse of an owner, Sibling of another owner, Provide names of spouses and, Yes, Names and relationships of spouse, Income information for first year, Calculated income, and Tax year field with the appropriate information.

Entering details in rp 5300 ws form download stage 2

You'll be requested to write down the data to help the platform fill in the part Additional owner or spouse, Last name, Suffix, Social Security number, Date of birth mmddyyyy, Is this your primary residence, Mark all that apply Owner, Spouse of an owner, Sibling of another owner, Provide names of spouses and, Yes, Names and relationships of spouse, Income information for first year, Calculated income, and Tax year.

part 3 to filling out rp 5300 ws form download

Through section Names and relationships of spouse, Income information for first year, Calculated income, Tax year, Income documentation mark one below, Federal Form, NYS Form IT, Form RPWkst see instructions, Filing status, Single, Married filing joint, Married filing separate, Head of household, Qualifying widower, and Signature, identify the rights and obligations.

step 4 to filling out rp 5300 ws form download

Finalize by reading these fields and writing the appropriate particulars: Income information for first year, Calculated income, Tax year, Income documentation mark one below, Federal Form, NYS Form IT, Form RPWkst see instructions, Filing status, Single, Married filing joint, Married filing separate, Head of household, Qualifying widower, Signature, and Date.

Finishing rp 5300 ws form download step 5

Step 3: Once you press the Done button, your finished form may be transferred to any of your devices or to email provided by you.

Step 4: Try to make as many copies of your document as you can to stay away from potential problems.

Watch Rp 425 Ivp Form Video Instruction

Please rate Rp 425 Ivp Form

1 Votes
If you believe this page is infringing on your copyright, please familiarize yourself with and follow our DMCA notice and takedown process - click here to proceed .