Are you from New York and need some money help? You might find the answer you’ve been looking for in the STAR Program. Millions of people across the state are getting $1,000 checks right now thanks to this special program. And the best part? You still have time to apply!
Direct payouts of more than $1,000 have been going to people who are eligible for them for months now. All of this is part of the New York School Tax Relief (STAR) Program, which is a big project backed by Governor Kathy Hochul and state leaders.
How much money will the STAR program need to fund checks?
The STAR Program has set aside a large amount of $2.3 billion for 2024. This plan tries to give much-needed tax breaks to almost three million people who live in New York State. A recent news release from the Governor’s office says that the main goal of the program is to help people with money to deal with the rising cost of living.
Governor Hochul talked about how important this program is and how it helps people in New York deal with economic problems.
You still have time to apply if you haven’t already. Since the money is being spread out over 10 areas, it will help a lot of different people in New York.
- Direct payments of over $1,000
- Open to nearly three million residents
- Applications still open
- Targeting increased cost of living
Don’t pass up the chance to get some of this $2.3 billion fund. Apply now to join the millions of people in New York who are already getting help from the STAR Program.
Not only do a lot of people get new school items during back-to-school season, but millions of people in New York also get tax breaks. Governor Hochul said, “We’re continuing to put more money back into the pockets of working New Yorkers to help families across our state and deal with the rising cost of living.” This includes tax credits, child care assistance, and summer food benefits.
Financial Relief for New Yorkers
At least two million people in New York have already gotten free money through this program to help them out. About a million more people should get their pay as the fall goes on.
Recipient Requirements
Through the STAR Program, landlords and seniors in New York who are eligible can get help with their property taxes. How much money is given to each claimant depends on a number of factors, such as their amount of income.
- Homeowners whose combined family income is $500,000 or less will get “several hundred dollars” in aid.
The state is still trying to help working families and deal with the rising cost of living, and this project is another step in that direction. Don’t miss out on these perks if you are eligible. They will help you save money this season.
This year, people aged 65 and up whose family income is less than $98,700 will have a unique chance: they will receive over $1,000 in relief funds.
How to Receive Your Funds
You can now get these funds in a new way this year: by direct payment. This choice is possible thanks to the first-ever STAR digital site. People who use it can enter their information and choose not to get a check in the mail. You can still get a check in the mail if you’d rather do things the old-fashioned way.
Options for Long Island Residents
On Long Island, people can still sign up for direct pay to get their relief money quickly and easily. You can also choose to have the money put straight on your yearly school tax bill.
Payment Timeline
According to the official release, all the money should be given out by September 30, which is also the “most common school tax due date across the State.” In New York State, the due date for school taxes changes from place to place. For example, people on Long Island have a later fall birth date.
- Funds over $1,000 available for eligible seniors
- New direct deposit option through the STAR digital portal
- Sign up for direct deposit or receive a mailed check
- Option to apply funds to your annual school tax bill
- All funds distributed by September 30
Don’t pass up this great chance to get some extra money to help out. Make sure you choose the choice that fits your needs and tastes the best. For more information on how to register, go to the main websites: The link is https://www.tax.ny.gov/pit/property/star/.
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