iowatreasurers.org Property Taxes : How do I find my Iowa Property Tax Statement?
Your Iowa Property tax statement will provide you with two payment stubs, one for the first half and one for the second half. You may choose to pay the full year at once or pay each half by the due date.
The first half of property tax is due by September 1st of each year. Late interest will accrue starting October 1st, unless the last day falls on a Saturday or Sunday, then taxes become delinquent the second business day of October.
The second half of property tax is due by March 1st of each year. Late interest will accrue starting April 1st unless the last day falls on a Saturday or Sunday, then taxes become delinquent the second business day of April.
When do I receive a property tax statement?
Statements are mailed out to the titleholder of record each year after taxes are certified to the County Treasurer by the County Auditor’s Office typically in July or August. Contact your County Treasurer if you have not received a property tax statement.
1. The assessed value of the parcel for land, dwellings, and buildings.
2. The taxable value of the parcel for land, dwellings, and buildings.
3. The name of all taxing authorities receiving a tax distribution, the amount of the distribution, and the percentage distribution for each taxing authority.
4. The levy rate for one thousand dollars of taxable valuation multiplied by the taxable valuation to produce the gross taxes.
5. Tax credits which are deducted from the gross taxes in order to produce the net taxes.
6. The amount of property tax dollars reduced on each parcel as a result of the moneys received from the state property tax relief fund.
7. The total amount of taxes for each taxing authority and the difference between the current and prior years expressed as a percentage increase or decrease.
Why do I have to pay penalty and interest when I never received a statement?
As a property owner and under Iowa law, it is your responsibility to pay your property taxes. The statements are mailed and the taxes are due at the same time each year.
If you have not received a statement by the first week of September, contact your County Treasurer to request another statement be mailed to you.
It is not necessary to have a statement to make payment as long as you indicate the parcel number with your payment and know the correct amount. You may pay online, by mail, or personally deliver your payment to your County Treasurer’s office.
Do I have to file an income tax return if I receive income from Iowa property but live out of state?
If you received income from an Iowa property that you own and if you are a nonresident of Iowa, you may have an Iowa income tax filing requirement, even though you don’t live in Iowa.
Examples of income subject to Iowa income tax:
• Rental income from Iowa property
• Capital gain from the sale of Iowa property
Go to www.iowa.gov/tax website for more information.
Can I make a partial payment on my property taxes?
Yes, partial payments are accepted for current or delinquent real estate or mobile home taxes. The amount of the partial payment must be greater than the late interest and costs due. Partial payments cannot be accepted for special assessments or tax sale redemption payments. You may make partial payments online or by mailing it to your County Treasurer.
