Q: When are property taxes due in McDowell County for the current fiscal year?
A: Property taxes are due in two installments: September 1, 2024, and March 1, 2025, for the 2024-2025 tax year. Interest begins accruing on delinquent taxes from October 1st and April 1st respectively.
Q: What tax credits are available and do they require application?
A: The primary tax credit is the Homestead Credit for owner-occupied properties, which requires annual application by July 1st. Additionally, seniors age 65+ may qualify for the Senior Citizen Credit on the first $20,000 of assessed value, which also requires application and income verification.
Q: How does the Homestead Credit work?
A: The Homestead Credit limits annual assessment increases rather than reducing market value. It caps assessment growth and must be applied for annually through the county assessor's office. This credit does not automatically reduce your home's assessed value but protects against dramatic assessment increases.
Q: How often are properties reassessed in McDowell County?
A: West Virginia requires property reappraisal every three years, though the county assessor may conduct interim adjustments for significant market changes or property improvements. The most recent countywide reappraisal cycle determines your current assessed value.
Q: What are the penalties for late property tax payments?
A: Interest accrues at 9% per year on delinquent taxes, calculated from the due date. Additional penalties and costs may apply, and properties with taxes delinquent for more than 18 months may be subject to tax sale proceedings.
Q: Can I pay property taxes online in McDowell County?
A: Contact the McDowell County Sheriff's office directly to confirm current online payment options, as availability may vary. Traditional payment methods include mail, in-person payment, or through your mortgage lender's escrow account.
Q: How do special district taxes affect my bill?
A: Properties within municipal boundaries or special service districts (fire districts, water districts, etc.) pay additional levies for those services. Your specific tax rate depends on your exact location and which districts serve your property.
Q: How do I appeal my property assessment?
A: Assessment appeals must be filed with the McDowell County Board of Equalization and Review within 30 days of receiving your assessment notice. The appeal should include evidence supporting your claimed value, such as recent appraisals or comparable property sales.
