Q: When are Madison County property taxes due for FY 2025-2026?
A: Property taxes are due by October 1, 2025. Personal property rendition forms must be filed by April 1, 2025 (postmarked if mailed).
Q: What homestead tax credits are available and how do I apply?
A: The homestead exemption provides a reduction in assessed value for primary residences. You must apply annually with the County Tax Assessor's office. Applications are typically due by April 1st. This credit caps assessment increases rather than reducing market value.
Q: Do tax credits apply automatically?
A: No, most tax credits require annual application and are not automatic. Contact the Tax Assessor's office at (601) 855-5539 to apply for available credits including homestead, senior, disability, or veteran exemptions.
Q: How does the homestead credit work?
A: The homestead credit limits annual assessment increases on your primary residence and provides a base exemption amount. It requires annual application and proof of residency. You cannot claim homestead credit if you file as a resident of another state for income tax purposes.
Q: When are properties reassessed in Madison County?
A: Mississippi conducts county-wide reappraisals every 4-5 years. Property values are also updated when ownership changes, improvements are made, or errors are discovered.
Q: How do I appeal my property assessment?
A: Assessment appeals must be filed with the County Tax Assessor within 60 days of receiving your assessment notice. If denied, you can appeal to the County Board of Supervisors and then to the State Tax Commission.
Q: What are the penalties for late payment?
A: Property taxes become delinquent after October 1st. Penalties and interest accrue monthly, and properties can eventually be sold for unpaid taxes after following statutory procedures.
Q: Can I pay my property taxes online?
A: Contact the Madison County Tax Collector at (601) 855-5552 or visit their website to verify current online payment options and accepted methods.
Q: Why does my tax rate differ from my neighbor's?
A: Tax rates vary within Madison County based on your school district, municipal boundaries, and any special assessment districts for your specific location. Contact the Tax Assessor to verify your exact rate and applicable districts.
Q: Are there special tax credits for seniors or veterans?
A: Mississippi offers various tax credits for seniors, disabled persons, and veterans. These require separate applications and proof of eligibility. Contact the Madison County Tax Assessor's office for specific programs and application requirements.