New York Quadruples Tax Credit for Volunteer Firefighters and Ambulance Workers

New York State will quadruple its personal income tax credit for eligible volunteer firefighters and ambulance workers from 2027, increasing the annual benefit to up to 1,600 dollars for married couples.

Governor Kathy Hochul signed legislation raising the credit from 200 dollars to 800 dollars for individuals and from 400 dollars to 1,600 dollars for married couples. Eligible residents can claim the increased credit when filing their 2027 tax returns in 2028.

Under the law, eligible volunteers must choose between claiming the state income tax credit and a qualifying local property tax exemption.

The increase comes as volunteer fire departments across New York face recruitment and retention challenges. The previous credit had remained unchanged for nearly two decades, according to State Senator Monica R. Martinez, who supported the legislation.

“Our volunteer firefighters and ambulance workers dedicate themselves to keeping New Yorkers safe, but that commitment has not been adequately reflected in an income tax credit,” Martinez said, adding that the increase would provide greater financial support and help local departments attract and retain volunteers.

Hochul said the measure recognises the sacrifices made by volunteers who protect their communities while balancing service with work and family commitments.

The state has also introduced other measures to support volunteer emergency services, including a property tax exemption of up to 10 percent offered through local governments, training stipends for firefighters, and grants to help departments upgrade facilities and purchase equipment.

The Volunteer Fire Infrastructure and Response Equipment grant programme has supported departments’ equipment and infrastructure needs, while a state training stipend programme has helped more than 5,500 firefighters complete foundational training, according to the governor’s office.

Donald Farrell, president of the Firefighters Association of the State of New York, said the higher credit could help recognise current volunteers and encourage more people to join local fire departments. The increased credit will take effect for the 2027 tax year.

Source: FSX Business News