Form RP-496 "Application to Renounce Previously Granted Exemption(S)" - New York

What Is Form RP-496?

This is a legal form that was released by the New York State Department of Taxation and Finance - a government authority operating within New York. As of today, no separate filing guidelines for the form are provided by the issuing department.

Form Details:

  • Released on June 1, 2020;
  • The latest edition provided by the New York State Department of Taxation and Finance;
  • Easy to use and ready to print;
  • Quick to customize;
  • Compatible with most PDF-viewing applications;
  • Fill out the form in our online filing application.

Download a fillable version of Form RP-496 by clicking the link below or browse more documents and templates provided by the New York State Department of Taxation and Finance.

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Download Form RP-496 "Application to Renounce Previously Granted Exemption(S)" - New York

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RP-496
Department of Taxation and Finance
Office of Real Property Tax Services
Application to Renounce
(6/20)
Previously Granted Exemption(s)
Part 1 – To be completed by the applicant and filed with the County Director of Real Property Tax Services.
Name(s) of owner(s)
Mailing address of owner(s)
Location of property
(number and street or PO box)
(street address)
City, village, or post office
State
ZIP code
City, town, or village
State
ZIP code
Daytime contact number
Evening contact number
School district
E-mail address
Property identification: Tax map number or section/block/lot: (see tax bill or assessment roll)
1 Exemption(s) being renounced:
2 If you are renouncing the STAR exemption, are you doing so only for the purpose of receiving the STAR credit? .. Yes
No
3 I am voluntarily renouncing the exemption(s) as described above, on and after the following date
.
(mmddyyyy)
If the property is no longer your primary residence, enter the date on which your primary residence changed. ..
Signature
Date
Signature
Date
Part 2 – For use by the County Director:
The amount that must be paid in connection with this renunciation request is:
Sum of the subtotals on Form(s) RP-496-W
............................................................................. $
(attach form(s))
Processing fee:
This fee does not apply if only STAR is on line 1 and either:
– the applicant answered Yes on line 2, or
– school taxes have not yet been levied on the assessment roll on which the exemption appears ...............
$
500.00
Total $
Part 3 – For use by the County Treasurer:
Amount paid by applicant
Date payment received
Amounts distributed to:
Town/City: $
School: $
Village: $
Special district(s)
:
(give name and dollar amount for each district. For example: District A, $300; District B, $250)
State
: $
(STAR only)
RP-496
Department of Taxation and Finance
Office of Real Property Tax Services
Application to Renounce
(6/20)
Previously Granted Exemption(s)
Part 1 – To be completed by the applicant and filed with the County Director of Real Property Tax Services.
Name(s) of owner(s)
Mailing address of owner(s)
Location of property
(number and street or PO box)
(street address)
City, village, or post office
State
ZIP code
City, town, or village
State
ZIP code
Daytime contact number
Evening contact number
School district
E-mail address
Property identification: Tax map number or section/block/lot: (see tax bill or assessment roll)
1 Exemption(s) being renounced:
2 If you are renouncing the STAR exemption, are you doing so only for the purpose of receiving the STAR credit? .. Yes
No
3 I am voluntarily renouncing the exemption(s) as described above, on and after the following date
.
(mmddyyyy)
If the property is no longer your primary residence, enter the date on which your primary residence changed. ..
Signature
Date
Signature
Date
Part 2 – For use by the County Director:
The amount that must be paid in connection with this renunciation request is:
Sum of the subtotals on Form(s) RP-496-W
............................................................................. $
(attach form(s))
Processing fee:
This fee does not apply if only STAR is on line 1 and either:
– the applicant answered Yes on line 2, or
– school taxes have not yet been levied on the assessment roll on which the exemption appears ...............
$
500.00
Total $
Part 3 – For use by the County Treasurer:
Amount paid by applicant
Date payment received
Amounts distributed to:
Town/City: $
School: $
Village: $
Special district(s)
:
(give name and dollar amount for each district. For example: District A, $300; District B, $250)
State
: $
(STAR only)
Page 2 of 2 RP-496 (6/20)
Instructions
Authorization
Real Property Tax Law § 496 authorizes a property owner to
voluntarily give up his or her claim to a tax exemption on one or
more preceding assessment rolls.
Time and place for filing
A property owner may file a voluntary exemption renunciation
application with the County Director of Real Property Tax
Services (or in Nassau or Tompkins Counties, with the Chief
Assessing Officer; this form does not apply to real property
located within New York City). The application must be filed no
later than ten years after the levy of taxes upon the assessment
roll on which the renounced exemption appears. Do not file
the form with the New York State Department of Taxation and
Finance or the Office of Real Property Tax Services.
Calculation of amount owed
The County Director, after consulting with the assessor when
appropriate, shall compute the total amount owed by the
property owner. For the STAR exemption, the amount owed is
the actual amount of the tax savings. For all other exemptions,
the amount owed is the assessed value that was exempted
multiplied by the applicable tax rate or rates. Interest shall then
be added at the rate prescribed by Real Property Tax Law
§ 924-a, or by such other applicable law, for each month, or
portion thereof, since the levy of taxes upon such assessment
roll. A processing fee of $500 also shall be charged. The
processing fee does not apply if only the STAR exemption is
being renounced and either:
– the renunciation is only for the purpose of switching to the
STAR credit, or
– school taxes have not yet been levied on the assessment roll
on which the exemption appears.
Notification
After entering the amount owed in Part 2 of the application,
the County Director shall return the application to the property
owner. The Director also shall send a copy of the application to
the assessor, and in the case of a STAR exemption, a copy to
the Commissioner of Taxation and Finance.
Distribution
The property owner shall pay the total amount due to the County
Treasurer no later than 15 days after the notification is mailed to
the owner by the County Director. The Treasurer shall issue a
payment receipt to the property owner. After deducting the $500
processing fee (if applicable), the Treasurer shall distribute the
taxes and interest owed to the affected municipal corporations,
and, in the case of the STAR exemption, to the Commissioner.
Page of 2