Tc159 2025

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  1. Click ‘Get Form’ to open tc159 in the editor.
  2. Begin by filling in the 'PROPERTY AND HEARING INFORMATION' section. Ensure you complete every field, including BOROUGH, BLOCK, LOT, and ASSESSMENT YEAR. If unsure about the HEARING OFFICER, write 'unknown'.
  3. In the 'STATEMENT OF AFFIANT', clearly state the purpose of your submission. For example, you might write: 'Purpose: Correct an answer in TC101 Part 8'.
  4. List all attachments in the 'ATTACHMENTS' section. Specify each document and its corresponding number of pages.
  5. Complete the OATH section by providing your name and relation to the applicant. Ensure that a notary public signs this section.
  6. Review all entries for accuracy before finalizing your submission. Remember that incomplete forms will not be considered.

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Tax Commission (TC) The Tax Commission charges a $175 fee for each assessment review held for properties with an assessed value of 2 million dollars or more or a market value of 4 1/2 million dollars or more. This fee will appear on the property owners property tax bill.
If products are purchased, an 8.875% combined City and State tax will be charged. The City charges a 10.375% tax and an additional 8% surtax on parking, garaging, or storing motor vehicles in Manhattan.
If the commission is paid separately from your regular paycheck, its considered to be a supplemental wage and is taxed at the 22% rate. Employers must also withhold Social Security and Medicare taxes from supplemental wages.

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Department of Taxation and Finance.

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