2014 Property Tax Bills
Have they been issued as yet?
Has anyone received theirs?
Alana33..........I went to the tax office in Frederiksted this morning and asked if I could pre-pay and they said no problem. I was out of the office in less than ten minutes with my receipt in hand! Received an additional bonus, my taxes went down 10% plus a discount for early payment. 😀
You can pay the amount or partial and if they devalue your property bill to a lower amount, any overpayment will go towards the 2015 Bill that they will issue later this year.
When you file an appeal, it's actually a requirement to pay the bill, at the previous rate, plus 50% of the increase. I'm just thinking since they haven't resolved last year's taxes, it's futile to try to pay this year's taxes in advance. That would mean I have to pay 1.5 % again. Also, we would like to sell the property, and having an outstanding tax balance, either positive or negative, isn't a good idea.
If you should ever have a balance owed to you on property taxes,
that would be adjusted on the closing statement and come back to you. You'd have to let your attorney know so it could be addressed properly, when sold. Same if you owed.
I didn't realize you could pay only half and I paid the full amount prior to requesting the revaluation on one of my properties. Live & learn!
Tax Collector’s Office Issues 2014 Property Tax Bills
BY SOURCE STAFF — MARCH 6, 2015
The 2014 Property Tax bills have been issued to all property owners on record as of Jan. 1, 2014, according to a press release issued Thursday by the Office of the Lieutenant Governor.
The 2014 bills will become due on April 9, 2015, and Lt. Gov. Osbert E. Potter encourages taxpayers to take advantage of the five percent discount given to property owners who pay by the due date.
The 2014 bills will become delinquent if not paid by August 31, 2015. The deadline for filing formal appeals with the Board of Tax Review is September 15, 2015.
Some property owners whose informal appeals have been considered may see new assessments on their 2014 bills. The staff will continue their efforts to review all other appeals and will make adjustments where necessary.
Consistent with past billings, the 2014 bill will also include information on unpaid tax years. Property owners who have not paid their 2013 or prior tax year bills are encouraged to contact the Tax Collector’s Office to make arrangements for payment.
Payments can be made at the following locations
St. John: Islandia Building
St. Thomas: Builders Emporium
St. Croix: 1105 King Street (Government House, Christiansted)
1131 King Street, Suite No. 101 (Christiansted) 4008 Estate Diamond (Department of Finance, Sunny Isles)
Lagoon Street Commercial Building No. 1 (Frederiksted)
Questions regarding property tax delinquencies should be addressed to the Tax Collector’s Office at 776-8505 on St. Thomas, 776-6737 on St. John, 773-1105 in Christiansted or 772-0120 at the Frederiksted Office.
Please take note of the change in the Waste Water User Fee (formerly Sewer Fee). Questions regarding Waste Management user fees should be referred to the offices of Waste Management Authority (VIWMA) at St. Thomas-St. John: 715-9100 or St. Croix: 712-4962.
Finally got my bills but they hadn't changed the amount on the one I requested the revaluation so went into the assessor's office to pay the bills and to see whether my revaluation had been processed, granted or denied or they hadn't gotten to it even tho assessor came to view property mid-Jan. as I've had no word yet about it. Well, they haven't gotten to it as yet for 2014 bill.
I also asked what I'd read about paying a partial amount due to this dilemma and was told that you need to pay the full amount or set up a monthly payment plan based on the amount of the current bill.
STT apparently has 1800 revaluation requests to process with an extremely small staff.
I asked what happens if someone sells their home while the revaluation process was still pending and they're trying to figure that out but was told that in the meantime, one would have to request paperwork verifying any overpayment of property taxes by the Assessors Office and then take it to the Dept. Of Finance who would be responsible for cutting the refund check, if any amount was due for overpayments. How long that would/will take is unknown.
If requesting a senior discount which can only be for your primary residence, you have to bring in your vi senior card, your last income tax copy and your wapa bill copy. You have until April 30 to be eligible for 2015 which will be issued this August.
You can have homestead and senior discounts and others, if you qualify but for primary residence only.
I think I found the answer to my question. Here's a copy and paste from VI government website I found.
Property Tax Credits Available for 2013 and 2014 Bills
Lieutenant Governor Gregory R. Francis is reminding Virgin Islands property owners who have not previously applied for property tax credits that applications are available to file for property tax credits against their 2013 and 2014 property tax bills. Property owners of record can apply for the tax credits until May 15, 2014. Applications for the tax credits can be found online at www.ltg.gov.vi.
In order to be eligible for homestead credits against the 2013 and 2014 property tax bills, a person must be the property owner of record as of January 1 for the applicable tax year. Property owners may not apply for more than two credits – homestead and any one of the other categories for which they may be eligible.
Tax credits are available in the following categories:
1. General Homestead: Property owners who occupied the home as their primary residence as of January 1 of the applicable tax year are eligible. Applicants must show proof of residency by providing a valid United States Virgin Islands driver’s license or voter registration card. Applicants are also asked to show proof of occupancy by providing a current utility bill.
Maximum tax credit: $400.00
2. Veterans: Property owners must meet occupancy requirements and have been honorably discharged from the U.S. Armed Services. Applicants must provide a copy of their DD-214 at the time of filing, in addition to a valid USVI driver’s license or voter registration card.
Maximum tax credit: $650.00
3. Seniors: Property owners must meet occupancy requirements Applicants are also eligible to claim this credit for properties held by tenants in the entireties, if either spouse is 60 years or older on January 1 of the applicable tax year. The credit is available only when individual Annual Gross Income (AGI) is less than $30,000 and household AGI does not exceed $50,000. Applicants are asked to provide a stamped copy of their 2012 or 2013 tax return and proof of age at time of application.
Maximum Tax Credit: $500.00
4. Disabled: Applicants must meet occupancy requirements and be suffering from a disability as determined by the Social Security Administration as of January 1 of the applicable tax year. Applicants are required to provide documentation from the SSA at time of filing, as well as a stamped copy of their 2012 or 2013 tax return to verify they meet the income requirement.
Maximum Tax Credit: $500.00
I think you can get both if you qualify.
Call Tax Assessors office to verify.
You need to provide paperwork to qualify.
Think we went thru this just recently on another thread as to requirements and paperwork one had to provide to qualify for different deductions on your property tax.
I was mistaken when I wrote this:
"Finally got my bills but they hadn't changed the amount on the one I requested the revaluation so went into the assessor's office to pay the bills and to see whether my revaluation had been processed, granted or denied or they hadn't gotten to it even tho assessor came to view property mid-Jan. as I've had no word yet about it. Well, they haven't gotten to it as yet for 2014 bill."
Actually, it was the 2013 tax bill that they hadn't gotten to as yet and I went ahead had to request another revaluation for 2014 Bill.
If they haven't resolved your revaluation for 2013 and it's still open, one needs to submit the request for the 2014 bill. FYI