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Hello,
What is the best way to credit those individuals for the senior and veterans tax exemptions. To my understanding they are different than the other abatements, because the state and city gives these individuals a tax relief. I have been told is incorrect to treat them like the other property abatements.
Thank you.
Technically speaking, the senior and veteran exemptions are not property abatements, they are exemptions, and you are legally entitled to receive those monies.
Our Board would pay all abatements and exemptions over a 3 months period so as not to break the bank account.
If you are entitled to receive a senior exemption of $500 and a veterans exemption of $400, that’s $900. We would give you that money over a 3 month period by crediting your maintenance $300/ month for 3 consecutive months, thus reducing your maintenance $300/mo for these 3 months for a total of $900.
Sandra asked how to apply. I went online and found this:
Senior
https://www.tax.ny.gov/pit/property/exemption/seniorexempt.htm
Veterans
https://veterans.ny.gov/property-tax-exemptions-veterans
Thank you Marty. Printed out the forms.
That’s great news Sandra. I wish you the best of luck.
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I am a senior and a Veteran. I was told that if you did not get that abatement when you originally came in, you are not entitled. I have been here for (22) years. I was a veteran when I came in, but did not qualify as a senior until (8) years ago. Please let me know how I can get an abatement, or if I even qualify now. I read my Updates daily.
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