What is Form RP-425-IVP?
Form RP-425-IVP is essential for seniors applying for the Enhanced STAR exemption, which helps lower school taxes. This form requires you to provide income details to confirm your eligibility for the exemption. It must be submitted alongside your Enhanced STAR application and necessary proof of income to your local assessor. Completing this process ensures that only those who meet the income qualifications can benefit from the tax relief offered by the Enhanced STAR program.
What is Form RP-425-IVP used for?
Form RP-425-IVP is essential for Enhanced STAR applicants to confirm their eligibility. Here’s what it does:
- Income Verification: Confirms combined income of all property owners and spouses.
- Eligibility Check: Ensures income is within the required limits.
- Disclosure: Shows if income is above or below the standard, without stating the actual amount.
How to fill out Form RP-425-IVP?
- 1
Fill out Form RP-425-E to apply for the Enhanced STAR exemption.
- 2
Provide proof of income as required on the form.
- 3
Enter Social Security numbers for all property owners and spouses.
- 4
Attach Form RP-425-IVP to the completed application.
- 5
Download the forms and submit to your local assessor by the March 1st, 2025 deadline.
Who is required to fill out Form RP-425-IVP?
Enhanced STAR applicants are responsible for completing Form RP-425-IVP. This submission, along with proof of income, is mandatory for all Enhanced STAR applicants to verify income for the Income Verification Program.
After the form is completed, it is used by the assessor's office to verify the applicant's income and confirm eligibility for the Enhanced STAR exemption.
When is Form RP-425-IVP not required?
Form RP-425-IVP is not required if you're not applying for the Enhanced STAR exemption or if you’re already registered in the Income Verification Program and your income status hasn't changed. Additionally, if your income is below the threshold and you have previously qualified, you may not need to submit the form again.
When is Form RP-425-IVP due?
The deadline for Form RP-425-IVP is on or before the taxable status date specific to your locality. Typically, this date is March 1. However, it can be January 1 in the Village of Bronxville, January 2 in Nassau County, or May 1 or June 1 in Westchester towns. Always confirm with your local assessor for your city's specific deadline.
How to get a blank Form RP-425-IVP?
To get a blank Form RP-425-IVP, simply visit our website. The form is issued by the New York State Department of Taxation and Finance and is ready for you to fill out directly in our PDF editor. Remember, our platform helps you fill and download forms, but not file them.
How to sign Form RP-425-IVP?
To sign Form RP-425-IVP, you need to provide a handwritten signature, as official sources do not accept electronic or digital signatures for this form. Use PDF Guru to fill out the form, download it once completed, and then sign it manually. Make sure to check for the latest updates regarding the form requirements to ensure compliance. Remember, PDF Guru does not assist with submission, so handle that step separately.
Where to file Form RP-425-IVP?
Once you've completed the RP-425-IVP form, it’s time to submit it. Make sure to send it to the address listed on page 2 of the Nassau County application.
Remember, this form cannot be filed online. Instead, mail it along with your Enhanced STAR application and proof of income for proper processing.
