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Circuit Breaker Tax Refund Credit IT 214
The circuit breaker program provides tax credits to homeowners and renters with a maximum gross annual household income of $18,000. The amount of the tax credit available will depend on the amount of property taxes paid by homeowners, or the size of adjusted monthly rent payments paid by renters.
In addition to the household income limit, the full value of a homeowner's property cannot exceed $85,000. A renter's "adjusted monthly rent" must be $450 or less. Households who do not have to file income tax returns, obtain the tax credit in the form of a direct check from N.Y. State. For further information, contact:
NY State Department of Taxation and Finance
175 Fulton Avenue (4th floor)
Hempstead, NY 11550
1-800-225-5829
For Circuit Breaker and other tax forms: 1-800-462-8100
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