When are installment payments due for 65 and over or disabled homestead pay agreements?
A. Taxpayers who have an 65 and over or disabled homestead exemption may pay current taxes on their qualified homestead in four installments without penalty and interest. You must pay one-fourth of your taxes and sign an agreement by January 31. The remaining payments are due by March 31, May 31 and July 31 without penalty and interest. If you miss an installment payment then you will have penalty (6%) and interest (1% each month delinquent) added to the installment amount.