New York Gov. Kathy Hochul has signed legislation that will quadruple state income tax credits for eligible volunteer firefighters and ambulance workers.
Under the new law, an individual's annual credit increases to $800, up from $200. For married couples, it rises to $1,600, compared with $400 now. The higher credits apply to the 2027 tax year, so eligible taxpayers can claim them when they file in 2028.
Volunteers may choose the state income tax credit or a qualifying local property tax exemption. Hochul said the change is intended to ease costs for people who give their time to emergency services. New York also allows local governments to offer eligible volunteers property tax exemptions of up to 10%.
Please note! Comments are published by readers. The opinions expressed may not reflect the position of the editorial team. NYCT is not responsible for the content of readers' opinions and asks authors to observe moral standards, not to incite national or racial hatred, and to avoid rudeness. Think before you speak. You are responsible for your words! By publishing an opinion, you agree to the rules! If this request is ignored, NYCT reserves the right to deprive the user of the ability to leave comments.