| Senior Homeowners |
Family Homeowners |
| Enhanced STAR Eligible Senior |
Family 1 |
| Income: $40,000 |
Income: $60,000 |
| Property Taxes: $5,000 |
Property Taxes: $6,000 |
- Continues to receive Enhanced STAR exemption
- STAR rebate check restored: $913
- Eligible for Additional Circuit Breaker Credit: $386 30% x [(taxes-rebate)-7% of income] = $386
|
- Continues to receive Basic STAR exemption
- Eligible for Additional Circuit Breaker Credit: $540
- (Last received STAR rebate check of $425 in 2008)
|
| Net Result: $1,299 in additional tax relief than in 2009, $386 more than in 2008 |
Net Result: $540 in additional tax relief than in 2009, $115 more than in 2008 |
| |
|
| Basic STAR Eligible Senior |
Family 2 |
| Income: $120,000 |
Income: $150,000 |
| Property Taxes: $12,000 |
Property Taxes: $15,000 |
- Continues to receive Basic STAR exemption
- STAR rebate check restored: $1,094
- Eligible for Additional Circuit Breaker Credit: $751.80
|
- Continues to receive Basic STAR exemption
- Eligible for Additional Circuit Breaker Credit: $1,260
- (Last received STAR rebate check of $429 in 2008)
|
| Net Result: $1,846 in additional tax relief than in 2009, $752 more than in 2008 |
Net Result: $1,260 in additional tax relief than in 2009, $831 more than in 2008 |
