How will tax credits be paid to taxpayers?
Homeowners Credits are displayed on the tax bills. The amount of the credit will appear on the bill and will be subtracted from the tax amount due. If the credit is issued after the taxes are paid, a refund will automatically be made to the taxpayer. If you are anticipating a tax credit, but it has not been granted as of the due date of your taxes, pay the taxes in full to avoid interest and penalties. All other credits will be listed on the tax bill, but will not be shown as a subtraction from the amount due. Instead, the amounts of the credits will be included in the computation of each tax. For example, an assessment of $100,000 would normally result in a County Tax of $1,014. But with a County Homestead Credit of $25, the County Tax would be listed at $989. What if my taxes are not paid on time? Annual bills and the first installments of semiannual bills are due on or before September 30th and become delinquent on October 1st. The second semiannual installment is due on or before D
Homeowners’ tax credits will be displayed on the tax bill. Participants in the State and the County’s Supplemental Homeowners Tax Credit programs no longer receive vouchers in the mail. The amount of the credit will appear on the bill and will be used to reduce the tax amount due. If the credit is issued after the taxes are paid, a refund will automatically be issued to the taxpayer.
