Form Tc101ins - Application For Class Two Or Class Four Properties

TAX COMMISSION OF THE CITY OF NEW YORK

1 Centre Street, Room 936, New York, NY 10007

TC101INS

2011

APPLICATION FOR CLASS TWO OR CLASS FOUR PROPERTIES

FORM TC101 INSTRUCTIONS FOR 2011

Who should use this form?

Use Form TC101 to

File an original only. Keep a photocopy for your records

protest just the valuation of tax class two or four

and to use at your hearing.

property, including a claim that statutory limits on

Filing by mail

annual increases have been exceeded by the

Mail

the

completed

Form

TC101

the

Tax

Department of Finance for the tax year that will begin

Commission at 1 Centre Street, Room 936, New York,

on July 1, 2011.

If you have a classification or

NY 10007. DO NOT MAIL THE TC101 TO ANY

exemption claim either alone or in addition to a

OTHER ADDRESS. Applications received after the

valuation claim, use Form TC106.

Use just one

deadline will not be accepted even if they were

application form for each property.

mailed before that date.

What other forms and instructions are needed?

Applications may not be filed by fax or e-mail.

Before you begin the form, read:

Supplemental affidavits.

Use a supplemental

TC600 How to Appeal a Tentative Assessment.

affidavit,

Form

TC159,

provide

additional

information, to correct any information that is misstated

Also obtain Form TC10 Receipt. One or more of the

in the application or attachments, or to furnish required

following may also be required as an attachment to the

information omitted from the application.

See Form

application:

TC600 and TC159.

TC200

Addendum to Application

Completeness. Your application should be complete

at the time of filing.

TC201

Income Schedule (Rental Property)

When is an income and expense schedule

TC203

Income Schedule (Coop or Condo)

required?

For most properties, an income and

TC208

Income Schedule (Hotel or Motel)

expense schedule must be attached to the application

for correction.

Use Form TC201 if the property

TC214

Income

Schedule

for

Department

produced rental income in 2010. Use Form TC203 for

Stores, Theatres, and Service Sites

residential

and

commercial

cooperatives

and

(where applicant or a related person

condominiums.

Use Form TC208 for hotels and

operates the business).

motels. Use Form TC214 for department stores, public

TC230

Sale

Statement

(when

property

parking garages and lots, and theaters where the

recently bought, sold or transferred).

applicant is the business operator or a related person.

If the applicant operates its business in part of the

Agent’s Statement of Authority and

TC244

property, and rents part of the property, attach both

Knowledge (when an agent signs the

Form TC201 and Form TC214. Form TC214 is not

application).

required for an operator of a department store having

Accountant’s Certification (accompanies

TC309

less than 10,000 gross square feet of retail space.

Form TC201 when property is assessed

A net lessor, leasing to a related lessee that occupies

at $1,000,000 or more).

the property, may use Form TC200, Part 5, instead of

When and where to file.

We must receive your

TC201. A net lessor, with a related lessee that sublets

application by 5:00 P.M. on March 1, 2011. The City

to unrelated tenants, must use TC201.

Charter sets this deadline; the filing deadline cannot be

An income and expense schedule is not required

waived or extended for any reason. Late applications

when:

will not be reviewed. You should bring the completed

application forms to the Tax Commission’s office in

Property produced no rental income in 2010.

Manhattan or a Finance Department Business Center

Applicant’s operation began after July 1, 2010, unless

in your borough by the deadline. Use the Tax

the prior operator was a related person.

Commission receipt (Form TC10) as proof of timely

filing.

Property that is exclusively residential with six or fewer

apartments.

- 1 -

Form Tc101ins - Application For Class Two Or Class Four Properties - 2011

Related Articles

Related forms

Related Categories