Q: When are property taxes due for the current fiscal year?
A: Property taxes for FY 2025-2026 are due March 3, 2026, following a gubernatorial extension. The original due date was February 1.
Q: What homestead tax credits are available and do they require application?
A: Mississippi offers a homestead exemption that caps annual assessment increases and provides tax relief for primary residences. This credit requires application with the County Tax Assessor's office and is NOT automatic. Military personnel stationed outside Mississippi may also qualify if they maintain Mississippi residency.
Q: How does the homestead credit work?
A: The homestead credit limits annual increases in assessed value rather than reducing market value. It requires annual application and you must claim Mississippi residency for income tax purposes. You cannot claim residency in another jurisdiction.
Q: What happens if I pay my property taxes late?
A: Late payments are subject to penalties and interest. The grace period extension to March 3, 2026, helps avoid these penalties, but payments after this date will incur additional fees.
Q: Can I pay my property taxes online?
A: Contact the Prentiss County Tax Collector's office directly to inquire about online payment options and accepted payment methods.
Q: How often are properties reassessed?
A: Contact the Prentiss County Tax Assessor's office for information about the county's reassessment schedule and procedures.
Q: How do I appeal my property assessment?
A: Property assessment appeals must be filed with the County Tax Assessor's office within specified deadlines. Contact the assessor's office for appeal forms and procedures.
Q: Why do tax rates vary within Prentiss County?
A: Different areas may be subject to special district taxes, municipal taxes, or bond assessments that create varying total tax rates depending on your specific location within the county.
Q: What if I don't receive my tax bill?
A: Property owners remain responsible for tax payments even if bills are not received. Contact the Tax Collector's office to obtain your current tax information and payment amount.
Q: Are senior citizens eligible for additional tax credits?
A: Contact the County Tax Assessor's office to inquire about age-related tax credits or exemptions that may require separate application processes.
