Homeowners can expect to receive their tax bills this month as tax entities notify individuals how much tax they owe to the county, city and school district.
Tax offices began sending tax invoices to property owners in October ahead of the January 31, 2023 deadline for paying taxes. Individuals can separately pay the county, school district, or city for any tax due, but the full amount is still due by the end of January 2023.
Residents who choose to pay their property taxes by mail must have the envelope stamped by January 31, 2023 to avoid interest and penalties being assessed on their taxes. It is also important to note that state law automatically places a lien on properties on January 1 of each year to secure the payment of taxes.
For individuals who may have sold their property within the last year, tax bills will be issued to the owner as of January 1 of the tax year – 2022 this year – and that owner remains liable for the tax.
After the notices are mailed, homeowners have the option of viewing the tax bills online on the county’s website.
The assessment process begins earlier in the calendar year with preliminary value estimates sent to tax entities and property owners receiving their notices of assessment. Owners can challenge their assessments through a review committee, which is independent of the assessment district.
Certified value summaries are then provided to cities, counties, and school districts and are used to help calculate tax rates for the upcoming fiscal year. Most tax entities set their tax rates in August or September of each year, around the same time the budget is passed.
For taxpayers over the age of 65 or those benefiting from a disabled taxpayer exemption, a property tax payment option in four installments is available. The payment plan for those who qualify does not apply any interest or penalty to taxes.
The payments are divided into four installments due on January 31, March 31, May 31 and July 31.
Payment plans for other taxpayers are available, but interest and penalties will be applied to any payment not submitted by the January 31 deadline. Dallas County accepts partial payments of any amount and will apply the applicable penalty and interest based on when the tax is paid.
Collin County is allowing homeowners who are not eligible for the Disabled Taxpayer Exemption over 65 to defer taxes with 5% interest, which is less than the 24% penalties and interest it would apply otherwise to overdue payments.
For Dallas County residents in Sachse, tax payments are due to the city, Garland ISD, and the Dallas County Community College District. In Collin County, taxes are paid to the city, Wylie ISD, and Collin College.
Dallas County residents should expect to see their tax bills soon, either through a bill or a postcard, according to an Oct. 10 press release from tax assessor and collector John Souls.
“We are pleased to provide timely tax filings to the citizens of Dallas County for the fourteenth consecutive year,” Ames said. “The citizens of Dallas County deserve this kind of service. This gives taxpayers the maximum amount of time to plan and make their payments on time.
Payment of taxes is due by January 31, 2023 and can be made by cash, check or credit card. For more information about paying taxes in Dallas County, visit dallascounty.org/tax.
Collin County taxpayers should visit collincountytx.gov/tax_assessor/Pages/property.aspx for more information.
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