Why New York State property tax credit checks are arriving early

New York homeowners should watch their mailboxes this month for a one-time property tax credit, thanks to a $2.2 billion tax relief program approved in New York’s budget.

The Homeowner Tax Rebate Credit, meant for middle-income homeowners, is aimed at offsetting high consumer prices on everything from gas to groceries. The checks were slated to be mailed in the fall, but New York started sending the checks early.

“This budget provides much-needed tax relief for thousands of small businesses and millions of New Yorkers and reduces the tax burden for those who need it most,” Gov. Kathy Hochul said in early April.

The state expects to mail most checks in June, and some may arrive in early July or later, according to the Department of Taxation and Finance’s website.

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