I wont be able to pay my first half tax by April 30th. What will happen then?
On May 1st, interest of 1 percent per month will be charged against the full year tax owing. In addition to the interest, if the tax is not paid on June 1, a 3 percent penalty will be charged against the full year tax owing, and on Dec. 1, another 8 percent penalty will be charged against the full year tax. Although interest continues to accrue as long as the tax remains delinquent, the penalty is assessed against the current year tax only and for that year will not rise above a total of 11 percent (RCW 84.56.020). These interest and penalty amounts apply to both real and personal property, however the full year personal property amounts plus interest and/or penalties and collection costs must be paid if the first-half payment is not paid/postmarked by April 30. You may still pay the first half payment of a real property tax plus interest and penalties up through October 31st, the second-half tax payment deadline.
Related Questions
- What if I do not make a payment for any period listed on the Tax Amnesty Notice or if I pay the Tax Amnesty Notice after April 30th?
- I have paid the first half tax but won be able to pay the second half tax by October 31. What will happen then?
- I wont be able to pay my first half tax by April 30th. What will happen then?
