Originally Posted by TaxDon
I rent a section 8 apt, that I pay less than $450 a month on avg. Does it qualify for the NY real estate tax credit?
I guess so According to NYS Dept of Taxation and Finance, as a renter, you or a member of your household paid rent for your residence; the average monthly rent you and other members of your household paid was $450 or less, not counting charges for heat, gas, electricity, furnishings, or board. You are entitled to this refundable credit aslongas your household gross income is $18K or less ; you occupied the same NY residence for six months or more ; uou were a NYS resident for the entire tax year ;you could not be claimed as a dependent on another taxpayer's federal income tax return ;your residence was not completely exempted from real property taxes ;you meet all the conditions listed under either Homeowners or Renters below