Q: When are Nassau County property taxes due for the current fiscal year?
A: Property taxes are due November 1st and payable through March 31st. Early payment discounts are available: 4% in November, 3% in December, 2% in January, and 1% in February.
Q: What is the homestead exemption and how do I apply?
A: The homestead exemption reduces your taxable assessed value by up to $50,000 for your primary residence. You must apply with the Nassau County Property Appraiser by March 1st. Additional exemptions may be available for seniors, veterans, and disabled persons, but all require separate applications.
Q: Does the homestead exemption cap my property value increases?
A: Yes, Florida's "Save Our Homes" benefit limits annual assessment increases to 3% or the Consumer Price Index (whichever is lower) for homestead properties, regardless of actual market value increases.
Q: How can I appeal my property assessment?
A: File a petition with the Nassau County Value Adjustment Board by the deadline specified on your TRIM notice (typically in August/September). You must provide evidence supporting your claim that the assessed value exceeds market value.
Q: What happens if I pay my property taxes late?
A: A 3% penalty is added April 1st, with an additional 1.5% penalty each month thereafter. Interest accrues at 1.5% per month on the unpaid balance.
Q: Can I pay my property taxes online?
A: Yes, Nassau County offers online payment options through the Tax Collector's website. Credit card payments may incur additional convenience fees.
Q: Why did my tax bill increase even though tax rates stayed the same?
A: Your assessed value may have increased due to market conditions, property improvements, or loss of exemptions. Remember that non-homestead properties don't have the 3% assessment increase cap.
Q: What special district taxes might apply to my property?
A: Depending on location, you may pay additional taxes for municipal services, fire districts, library districts, or other special assessments. Check your tax bill or contact the Property Appraiser for specific districts affecting your property.
Q: Are property tax payments tax-deductible?
A: Generally yes for federal income taxes, subject to current federal limitations. Consult a tax professional for specific advice regarding your situation.
Q: How do I transfer Save Our Homes benefits when moving within Florida?
A: You can transfer (port) up to $500,000 of Save Our Homes benefit to a new homestead property within Florida. Apply with your new county's Property Appraiser within two years of establishing the new homestead.
