This program gives seniors (62 or older), blind, or disabled citizens the option of having the state pay all or part of the property taxes on their residence until the individual moves, sells the property , dies, or the title is passed to an ineligible person.
Paying your California Property Taxes When it comes to the matter of paying your property taxes , these are due in two biannual installments, and determined by a fiscal year calendar.
Real estate tax bills will be mailed beginning on May 1 and the first installment payment will be due June 3.
California’s Property Tax Postponement (PTP) Program, allows homeowners who are seniors, are blind, or have a disability and who meet income, equity, and other requirements to postpone payment of property taxes on their primary residence. For the 2020-21 tax year, household income is based on the 2019 calendar year.
You may be eligible for property tax assistance if you are 62 years of age or older, blind or disabled, own and live in your own home, and meet certain household income limitations. For additional information regarding homeowner property tax assistance, contact the California Franchise Tax Board at 1-800-868-4171.
California is not tax – friendly toward retirees . Social Security income is not taxed. Withdrawals from retirement accounts are fully taxed. Wages are taxed at normal rates, and your marginal state tax rate is 5.90%.
An annual homestead exemption is granted for property that is occupied as a residence by a person 65 years of age or older who is liable for paying real estate taxes on the property and is an owner of record of the property or has a legal or equitable interest therein as evidence by a written instrument, except for a
We accept cash, check, and credit cards. Our office hours are 8:30 AM to 4:30 PM weekdays. Click here for important dates and deadlines regarding property tax collection.
IMPORTANT INFORMATION: The Will County Board has approved the Property Tax Payment Relief below: 50% OF THE FIRST INSTALLMENT IS DUE JUNE 3, 2020; AND 50% OF THE FIRST INSTALLMENT IS DUE AUGUST 3, 2020. 50% OF THE SECOND INSTALLMENT IS DUE SEPTEMBER 3, 2020; AND 50% OF THE SECOND INSTALLMENT IS DUE NOVEMBER 3, 2020.
To pay by telephone, call toll-free 1.888.473.0835. Your Secured Property Tax Bill contains your Assessor’s Identification Number (AIN), Year, and Sequence, which you will need to complete the transaction.
The California state property tax fiscal year begins on July 1st. Owners receive a notice of their home’s assessed value by the end of July; the official bill is mailed the week of October 1st. Property owners are permitted to pay their property taxes in two equal installments.