Home
Forms Library
Instructions for Form IT-214 Claim for Real Property Tax Credit for Homeowners and Renters Tax Year

Instructions for Form IT-214 Claim for Real Property Tax Credit for Homeowners and Renters Tax Year 2025

Instructions for Form IT-214 Claim for Real Property Tax Credit for Homeowners and Renters Tax Year Preview on Page 1

See details

4.4 out of 5

55 votes

The document provides detailed instructions for New York State residents on how to complete Form IT-214, which is used to claim the Real Property Tax Credit for homeowners and renters. It outlines eligibility criteria, including income limits and residency requirements, as well as the process for filing the form. The document also explains how to calculate the credit amount based on real property taxes or rent paid, and includes guidelines for direct deposit of refunds. Additionally, it offers information on amending claims and deadlines for filing.

Here's how it works

01. Edit your form online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send it via email, link, or fax. You can also download it, export it or print it out.

The fastest way to redact Instructions for Form IT-214 Claim for Real Property Tax Credit for Homeowners and Renters Tax Year online

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Dochub is the best editor for changing your forms online. Adhere to this straightforward instruction to edit Instructions for Form IT-214 Claim for Real Property Tax Credit for Homeowners and Renters Tax Year in PDF format online for free:

Register and log in. Create a free account, set a secure password, and go through email verification to start managing your templates.
Upload a document. Click on New Document and select the file importing option: upload Instructions for Form IT-214 Claim for Real Property Tax Credit for Homeowners and Renters Tax Year from your device, the cloud, or a secure URL.
Make changes to the sample. Take advantage of the upper and left-side panel tools to modify Instructions for Form IT-214 Claim for Real Property Tax Credit for Homeowners and Renters Tax Year . Add and customize text, pictures, and fillable areas, whiteout unneeded details, highlight the important ones, and provide comments on your updates.
Get your documentation done. Send the form to other parties via email, generate a link for quicker file sharing, export the sample to the cloud, or save it on your device in the current version or with Audit Trail included.

Try all the advantages of our editor today!

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

Where do I report property tax refund on 1040?

If you received a refund or rebate in of real estate taxes you paid in an earlier year, dont reduce your deduction by this amount. Instead, you must include the refund or rebate in income on Schedule 1 (Form 1040), line 8, if you deducted the real estate taxes in the earlier year and the deduction reduced your tax.

What is a qualifying property for the investment tax credit?

Investment credit property is any depreciable or amortizable property that qualifies for the qualifying advanced coal project credit, qualifying gasification project credit, qualifying advanced energy project credit, advanced manufacturing investment credit, energy credit, or rehabilitation credit.

What is the IRS tax form it 214?

IT-214 NYS Tax Rebate. To qualify for the real property tax credit, you must meet all of these conditions for tax year 2024: Maximum yearly household gross income: $18,000 or less. Homeowners, market value of home cannot exceed $85,000.

Who qualifies for the New York real property tax relief credit?

The real property tax credit may be available to New York State residents who have household gross incomes of $18,000 or less, and pay either real property taxes or rent for their residences. The amount of the credit for each household will vary depending on income and real property taxes paid (see table to the right).