Instructions For Form It-214 - Claim For Real Property Tax Credit For Homeowners And Renters - New York State Department Of Taxation And Finance - 2005 Page 2
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4Page 2 of 4 IT-214-
I
(2005)
Line instructions
Line 5 —
Adjusted rent is the rent paid after subtracting
If you were a resident of a nursing
any charges for heat, gas, electricity,
home or if your residence was completely
If you have a peel-off label — you must enter
furnishings, or board. If these charges are not
exempted from property taxes in 2005, mark
your social security number(s) in the boxes
separately stated, complete lines 22 through 25
an X in the Yes box. If not, mark an X in the No
to the right of the label. Be sure your social
of Form IT-214 to figure 25% of adjusted rent.
box.
security numbers are in the same order as your
Do not include any subsidized part of your
names. Do not enter information in the spaces
Generally, residents of nursing homes do
rental charge in adjusted rent.
of the address, the county of residence, the
not qualify for this credit since they are all
school district name, or school district code
If any part of your residence was rented by
considered to be members of one household
number boxes if all the information on your
someone who was not a member of your
which usually exceeds the household gross
peel-off label is correct.
household, include in line 22 of Form IT-214
income level of $18,000 and the average
only the amount of rent you and members of
monthly rent level of $450. If you are a resident
If you do not have a peel-off label — print
your household paid.
of a nursing home and you mark the Yes box,
or type the information requested in the name
do not file Form IT-214 unless you attach a
and address box at the top of the front. Enter
If you moved from one rented residence
statement explaining how your household does
your name, current mailing address, and social
to another rented residence during the tax
not exceed these two limitations.
security number in the boxes provided. Enter
year, add 25% of adjusted rent paid for each
your county of residence as of December 31,
residence.
Residents of housing facilities that are
2005. Married taxpayers enter both social
completely exempt from paying real property
security numbers.
Which form to file
taxes do not qualify for this credit. Some
examples include, but are not limited to,
To claim the real property tax credit, complete
On the bottom line of the name and address
residents of public housing projects and senior
Form IT-214, and attach it to Form IT-150 or
box, enter the street address of the New York
citizen homes. Find out if your residence is
Form IT-201. If neither you nor your spouse
residence that qualifies you for this credit if it is
completely exempt from paying real property
has to file a New York State income tax return,
different from your current mailing address or if
taxes by asking the management of your
but you qualify to claim the credit, just file
your mailing address is a PO Box. If not, enter
housing facility. If you mark the Yes box on line
Form IT-214 to claim your refundable credit.
the word same on this line.
5, do not file Form IT-214.
If you are filing or have filed an original
Filling in your claim form
Line 6 —
Enter the number of members
Form IT-214 without attaching it to a return,
of your household, including yourself, who
Form IT-214 has been designed to let us use
such as Form IT-150, please enter your
are filing a Form IT-214 for 2005. Count a
the latest scanning and image-processing
daytime telephone number including the
joint claim filed by husband and wife as one
equipment. Rectangular boxes and white entry
area code. This voluntary entry will enable
Form IT-214. See the instructions for line 17 if
areas have been printed on the form to guide
the Tax Department to correct minor errors or
more than one member of your household is
you in making your handwritten entries. This
omissions by calling you rather than writing or
filing Form IT-214.
will enable our scanning equipment to more
sending back your Form IT-214. You are not
accurately read your return and let us process
required to give your telephone number.
Line 7 —
Among other conditions (see Who
it more efficiently. Please spend a moment
qualifies), a household member 65 or older
To file an amended Form IT-214, get a blank
reviewing the method below for making your
must have paid real property taxes or rent to
Form IT-214 for the tax year involved, and write
entries:
qualify for this credit. If you marked the Yes box
Amended at the top of the form. Complete the
— Please keep your name and address entries
on line 7, indicating that you or a member of
form by entering the corrected information.
within the spaces provided. For example,
your household was 65 or older on January 1,
If more than one member of your household
your first name and middle initial should
2006, enter the social security number of
qualifies for the credit, each must file a
not go past the vertical line separating
that person in the boxes for Qualifying social
separate Form IT-214. See the line 17
them from your last name, and your last
security number. Enter same if it is your social
instructions for division of the credit. However, if
name should start to the right of the vertical
security number.
you are married and filing a joint tax return, you
line. Similarly, your mailing address, ZIP
Line 8 —
Mark an X in the appropriate box.
must file a joint claim on Form IT-214.
code, etc., should be kept within the boxes
If you owned your residence for part of the year
provided.
and rented your residence for part of the year,
When to file
— Print (use black ink only; no red or other
mark the Own box.
color ink or pencils please) or type all X
If you are filing a New York State income
marks and money amounts in the boxes
tax return, attach Form IT-214 to it. File your
Complete Schedule A or B and
and spaces provided.
New York State income tax return as soon as
Schedule C on the back of Form IT-214
you can after January 1, 2006, but not later
— Do not use dollar signs, commas, decimal
before continuing with line 9.
than April 17, 2006 (April 18, 2006, if you file
points, dashes, or any other punctuation
your federal return at the IRS Service Center in
marks or symbols. All necessary
Schedule A (homeowners)
Andover MA).
punctuation has been printed on the form.
Enter on lines 18 and 19 any county, city,
— Write your numbers and X marks like this:
If you don’t have to file a New York State
town, village, or school district taxes and
income tax return, file Form IT-214 as soon as
assessments that you and all qualified
you can after January 1, 2006.
members of your household paid during 2005.
(Do not include penalty and interest charges.)
If you filed a New York State resident income
— Make your money amount entries in the
Persons age 65 or older may enter on line 20
tax return without claiming the real property
white areas, allowing one number for each
the amount exempted from taxation under
tax credit, you may still be able to claim the
box.
section 467 of the Real Property Tax Law (do
credit. To claim the credit for tax year 2005, file
not include the veterans’ tax exemption or the
— Carefully enter your money amounts so that
Form IT-214 as soon as you can, but no later
STAR exemption). However, if you choose to
the whole dollar amount ends immediately
than April 17, 2009.
make an entry on line 20, your credit, before
to the left of the cents decimal, and the
limitation, will be only 25% (instead of 50%)
cents amount starts immediately to the
Filing Form IT-214 for past years
of your eligible real property taxes. You may
right of the cents decimal.
If you did not file Form IT-214 for previous
want to figure your credit both ways to see
Example: If your entry for line 10 is $3,525.50,
years, you may still be able to receive a real
which results in the greater credit. Add lines
your money field entry should look like this:
property tax credit for those years. To see if
18 through 20, and enter the total on line 21.
there is still time for you to file Form IT-214, see
3 5 2 5 5 0
Transfer this amount to line 10 on the front of
10.
the table below:
Form IT-214.
Year
Last date to file
— Leave blank any entry areas that do not
apply to you and treat these blanks as
2002
April 17, 2006
zeros. Do not enter 0 in these areas unless
2003
April 16, 2007
instructed to do so.
2004
April 15, 2008
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