Q: When are Anderson County property taxes due for the current fiscal year?
A: Property taxes for FY 2024-2025 are due by January 15, 2025. A 3% penalty is added after this date, with additional penalties increasing to 7% by March 16th and 15% thereafter.
Q: What homestead tax credits are available and how do I apply?
A: The Homestead Credit provides up to $50,000 in assessed value exemption for qualifying primary residences, requiring annual application by December 15th. Additional credits include the Senior Citizen Credit (age 65+, income limits apply) and Disabled Veteran Credit. All credits require separate applications through the Anderson County Assessor's Office and are NOT automatic.
Q: How does the Homestead Credit work with assessment increases?
A: The Homestead Credit limits assessment increases to 15% over five years for qualifying owner-occupied properties, helping protect against rapid property value growth. This caps assessment growth, not market value, and requires filing Form PT-300 with proof of residency.
Q: When are properties reassessed in Anderson County?
A: Anderson County conducts countywide reassessments every five years, with the most recent completed in 2023. However, individual properties may be reassessed annually based on sales, improvements, or other changes. You can appeal assessments within 90 days of notice.
Q: What happens if I pay my property taxes late?
A: Late payments incur escalating penalties: 3% if paid after January 15th, 7% after March 16th, and 15% after September 30th. Properties become tax delinquent after one year, potentially leading to tax lien sales.
Q: Can I pay my property taxes online?
A: Yes, Anderson County offers online payment through their official website at www.andersoncountysc.org. Credit card payments incur a convenience fee, while ACH bank transfers typically have lower fees.
Q: How do special district taxes affect my bill?
A: Special districts (fire, library, school, municipal) each levy separate rates that combine for your total bill. Moving within the county can significantly change your tax rate depending on which districts serve your new location.
Q: What property tax credits are available for seniors and veterans?
A: Seniors age 65+ may qualify for additional homestead exemptions with income restrictions. Veterans with service-connected disabilities may qualify for partial or total exemptions based on disability rating. Both require annual application with supporting documentation through the Assessor's Office by December 15th.
