Q: When are property taxes due in Marion County for FY 2025-2026?
A: The first half is due September 1, 2025, and the second half is due March 1, 2026. Taxes become delinquent and subject to interest charges after June 2, 2026.
Q: What homestead tax credits are available and do I need to apply?
A: Iowa offers homestead tax credits that must be applied for annually. You must be an Iowa resident, file Iowa income taxes, and own and occupy the property as your primary residence. Applications are due by July 1st each year. The homestead credit limits assessment increases rather than reducing market value.
Q: Is there a special tax credit for senior citizens?
A: Yes, House File 718 established a homestead tax exemption for claimants 65 years or older, which became effective in 2023. This requires a separate application with income restrictions (household income must be less than $26,895 for 2025). Contact the county assessor for current income limits and application procedures.
Q: How often are properties reassessed in Marion County?
A: Iowa law requires properties to be assessed annually, but actual market value reassessments may occur less frequently. The county assessor reviews sales data and property conditions to determine assessed values each year.
Q: What happens if I pay my property taxes late?
A: Late payments incur interest charges. After June 2nd, delinquent taxes are subject to additional penalties and interest that compound over time.
Q: Can I pay my property taxes online?
A: Contact Marion County Treasurer's office for current online payment options and accepted payment methods for property tax bills.
Q: How do special districts affect my tax rate?
A: Special districts for services like drainage, fire protection, or libraries add additional levies to your tax bill. These vary significantly by location within Marion County, which is why tax rates differ between properties.
Q: How can I appeal my property assessment?
A: Assessment appeals must be filed with the Marion County Board of Review by specific deadlines, typically in early spring. Contact the county assessor's office for current appeal procedures and deadlines.
Q: Do I automatically get the homestead credit when I buy a home?
A: No, the homestead credit requires a formal application. You apply once and it continues as long as you remain eligible, but you must apply initially and notify the assessor of any changes in eligibility.
Q: Can I have a homestead credit on multiple properties in Iowa?
A: No, you may only claim a homestead credit on one property in Iowa - your primary residence where you live and file Iowa income taxes.