New York State no longer uses Form IT‑229 (Real Property Tax Relief Credit) for tax year 2024 and forward. The state discontinued the form, as confirmed by Intuit’s tax expert guidance: “The IT‑229 form has been discontinued for tax year 2024.”
New York’s remaining refundable property-related credit is the Real Property Tax Credit, claimed on Form IT‑214.
What is Form IT‑214?
Form IT‑214 provides a refundable Real Property Tax Credit for homeowners and renters with federal adjusted gross income (FAGI) of $18,000 or less, who meet New York residency and housing criteria.
Qualifying taxpayers may receive a credit up to:
- $75 (if all household members are under age 65)
- $375 (if the taxpayer, spouse, or a dependent is age 65+)
If the credit exceeds tax owed, New York will issue a refund, even if the taxpayer has no filing requirement.
Eligibility Requirements (Summary)
To claim Form IT‑214 for the current tax year, a taxpayer must:
- Have FAGI of $18,000 or less
- Occupy the same NY residence for 6+ months
- Be a New York State resident for the full year
- Not be claimable as a dependent
- Live in a residence not fully exempt from property tax
- Own property valued at $85,000 or less, or pay qualifying rent
Additional homeowner or renter–specific conditions also apply. (NY Instructions)
Where to Enter This in the Software
Navigation:
State Section → NY Return Credits → Real Property Tax Credit (IT‑214)
How to Report the Credit
If the taxpayer is filing a NY return
- Complete Form IT‑214, and it will be submitted with the NY return.
If the taxpayer is not required to file a NY return
- They may still receive a refund.
- File Form IT‑214 alone to claim it (not supported in our program).
Past-Year Real Property Tax Credit Claims
Taxpayers can still claim Form IT‑214 for prior years, subject to annual filing deadlines.
Example from NYS guidance:
- 2022 return: file by April 15, 2026
- 2023 return: file by April 15, 2027
Important Note About IT‑229
- Form IT‑229 (Real Property Tax Relief Credit) has been discontinued beginning with tax year 2024.
- New York’s Department of Taxation continues to maintain the separate Real Property Tax Credit (IT‑214).