Q: When are property taxes due in Sheridan County?
A: For the current FY 2024-2025 tax year, the first installment is due November 30, 2024, and the second installment is due May 31, 2025. You can pay the full year by November 30th to avoid a second payment.
Q: What homestead tax credit is available and how do I apply?
A: Montana offers a homestead tax credit that caps assessment increases and provides tax relief for qualifying primary residences. This credit requires annual application with the Sheridan County Assessor's office, typically due by April 15th. The credit doesn't reduce your home's market value but can significantly reduce your tax bill.
Q: Are there other tax credits I should know about?
A: Yes, Montana offers various tax credits including disabled veteran credits, elderly/low-income credits, and agricultural exemptions. All require separate applications with specific deadlines and documentation. Contact the Sheridan County Assessor at [county phone] for current application requirements.
Q: How often are properties reassessed?
A: Montana conducts property reappraisals on a cyclical basis. Sheridan County properties are typically reassessed every 3-6 years, though market value adjustments may occur annually. You'll receive notice if your assessment changes significantly.
Q: What are the penalties for late payment?
A: Late payments incur interest charges and penalties. First installment payments after November 30th accrue interest, and second installment payments after May 31st face additional penalties. Unpaid taxes can eventually result in tax lien sales.
Q: Can I pay my property taxes online?
A: Yes, Sheridan County offers online payment options through their website. Electronic payments equal to or greater than $50,000 will be required starting January 1, 2026, under Montana law.
Q: How do I appeal my property assessment?
A: Assessment appeals must be filed with the Sheridan County Tax Appeal Board within 30 days of receiving your assessment notice. You'll need evidence supporting your claim that the assessed value exceeds fair market value.
Q: Why did my taxes increase if I didn't make any improvements?
A: Tax increases can result from rising property values, new or increased mill levies for local services, or expiration of previous tax credits. Even with a homestead credit, some assessment growth is typically allowed annually.
Q: What happens if I don't receive my tax bill?
A: Property owners are responsible for paying taxes even if bills aren't received. Contact the Sheridan County Treasurer's office to request a duplicate bill or verify your mailing address on file.
Q: Do special districts affect my tax rate?
A: Yes, your total tax rate includes levies from all applicable districts serving your property - such as school, fire, library, and conservation districts. Properties in different areas of Sheridan County will have different combinations of these district taxes.
