Form RP-425-IVP at a glance
What it is: RP-425-IVP is a supplement to Form RP-425-E, mandatory for all Enhanced STAR Applicants.
Who signs: 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. Failure to do so will result in denial of the Enhanced STAR exemption.
A filled-in Form RP-425-IVP example: an owner fills in page 1
How to fill out Form RP-425-IVP, box by box
Name(s) of owner(s)
Enter the Name(s) of owner(s), the Location of property (street address; include unit number), the Mailing address of owner(s) (number and street - include unit number - or PO Box), City, town, or village, 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)) and Email address.
First owner information
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) and 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 in Name(s) and relationship(s) of spouse or sibling/owner.
Income information for first year of application
Income information for first year of application (see instructions): Calculated income $, Tax year and Income documentation (mark one): Federal Form 1040, NYS Form IT-201 or Form RP-425-Wkst (see instructions).
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.
Filing status: Single, Married filing joint, Married filing separate, Head of household or Qualifying widow(er).
Signature Date
Sign at Signature and enter the Date.
Additional owner or spouse information
Additional owner or spouse information - Provide information for every owner, and any spouse even if not an owner.
More rules for Form RP-425-IVP
You must also provide proof of income. 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.
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).
It is mandatory that you furnish your Social Security numbers. If you do not furnish your Social Security numbers, you will be unable to receive an Enhanced STAR exemption.
Common questions about Form RP-425-IVP
Where do I file it?
To apply for the Enhanced STAR exemption, submit this application and Form RP-425-E, Application for the Enhanced STAR Exemption to your assessor. 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.
Sources
[1] RP-425-IVP (8/20), Supplement to Form RP-425-E, Office of Real Property Tax Services, New York State Department of Taxation and Finance (the served file; no issuer file found) (the Official source link on this page).
