Tax refund: Who can get up to $150 in direct checks next week

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Eric Adams, Mayor of New Yorksigned a bill granting $150 to eligible residents.

According to the information, money is a one-time property tax refund for eligible residents.

Words from New York City Mayor Eric Adams

“We want to remove some of the burdens New Yorkers feel, which is why we’re putting money back in their pockets with approperty tax refund of up to $150 for low-to-middle income homeowners“, said Adams.

“This is to provide direct relief to homeowners in New York who are struggling.”

Who is eligible for the $150 rebate?

  • Reside in New York.
  • Become the owner of a residence for one, two or three families or unite in a cooperative condo.
  • The property must be the principal residence of the owner.
  • Earn an annual income that does not exceed $250,000 in the 2020 tax year.

More information on the $150 discount

According Mayor Eric Adams“hundreds of thousands” of families will benefit from the discount.

At the end of the month, the The Department of Finance will issue checks to all available people.

You will automatically receive the check if you qualify for the School Tax Relief (STAR) credit or exemption.

How can I apply?

If you do not have a direct qualification for the $150 off in New Yorkyou can apply before November.

Local data shows that more than 2 million owners are eligible for the $150 rebate thanks to the STAR program.

The STAR program depends on your income and the type of property you own.


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