Q: When are property taxes due in Taylor County?
A: Property taxes are due bi-annually with the first installment typically due in September and the second installment due in March. For the current fiscal year, if taxes remain unpaid by April 1st, the property may be listed for tax sale.
Q: What tax credits are available and do I need to apply?
A: The primary tax credit available is the Homestead Tax Credit, which reduces taxable value by $3,250 for assessment years beginning January 1, 2024 and after. This credit requires a separate application and is not automatically applied to your property.
Q: How does the Homestead Credit work?
A: The Homestead Credit provides a $3,250 reduction in taxable value (not market value) and helps limit assessment increases. You must file an application with the County Assessor's office - it is not automatic and must be renewed as required by county procedures.
Q: Is there a senior citizen exemption available?
A: Iowa offers a Homestead Tax Credit for claimants 65 years of age or older. Contact the Taylor County Assessor's office for specific eligibility requirements and application procedures, as this requires a separate application process.
Q: How often are properties reassessed?
A: Iowa follows a regular property assessment cycle. Contact the Taylor County Assessor's office for the specific reassessment schedule and your property's next assessment date.
Q: How do I appeal my property assessment?
A: Property assessment appeals must be filed with the Taylor County Board of Review during the specified appeal period following your assessment notice. Contact the County Assessor's office for appeal deadlines and required documentation.
Q: What are the penalties for late payment?
A: Late payment penalties apply to taxes not paid by the due dates in September and March. Properties with unpaid taxes by April 1st may be subject to tax sale proceedings.
Q: Can I pay my property taxes online?
A: Contact the Taylor County Treasurer's office for available online payment options and accepted payment methods for property tax bills.
Q: Why do tax rates vary within Taylor County?
A: Tax rates vary based on the combination of special taxing districts that serve your property, including different school districts, rural services areas, and other special assessment districts.
Q: Where do I get help with property tax questions?
A: For assessment and credit questions, contact the Taylor County Assessor's office. For payment and collection questions, contact the Taylor County Treasurer's office. Both offices can provide specific information about your property's tax situation.