Stewart County property tax

Example of Stewart County Property Tax Calculation

In Stewart County, property tax is calculated based on the assessed value of the property. To determine the assessed value, the county assesses the property at a certain percentage of its fair market value. This percentage varies depending on the type of property and its use.

For example, if a residential property in Stewart County is assessed at 25% of its fair market value and has a fair market value of $100,000, the assessed value would be $25,000. The property tax rate in Stewart County is currently $2.50 per $100 of assessed value. Therefore, the property owner would owe $625 in property taxes ($25,000 assessed value x $2.50 tax rate).

It's important to note that property tax rates and assessment percentages may differ depending on the location and use of the property. Property owners in Stewart County should consult with the local tax assessor’s office or a licensed tax professional for specific information regarding their property tax obligations.

If you want appeal your property tax assessment - contact your local tax assessor.

Stewart County Property Tax Rates

The following table outlines the Stewart County property tax rates as of 2021, per $100 of assessed value:

Note that these rates are subject to change and property owners in Stewart County should consult with a qualified tax professional for the most up-to-date information.

Who sets property tax rates in Stewart County ?

Who sets property tax rates in Stewart County?

The Stewart County Property Assessor's Office is responsible for determining the assessed value of properties in the county. Once the assessed values are determined, the Stewart County Board of Commissioners sets the property tax rates. The Board of Commissioners typically sets the tax rates annually during their budget process, which occurs in late spring to early summer. The property tax revenue collected by the county is used to fund various services such as schools, law enforcement, and infrastructure projects.

In summary, the Stewart County Property Assessor's Office determines the assessed value of properties, and the Stewart County Board of Commissioners sets the property tax rates during their annual budget process, which occurs in late spring to early summer.

Homestead exemptions in Stewart County ?

To provide comprehensive information about Homestead exemptions and deductions in Stewart County, Georgia, a table with the following columns is created:

Below are the county-specific Homestead exemptions and deductions available in Stewart County:

Exemptions

1. Basic Homestead Exemption

   • Eligibility: Available to residents who own and occupy their primary residence as of January 1st of the taxable year.
   • Amount: Up to $2,000 of the assessed value of the homestead property is exempt from ad valorem taxation.
   • Notes: Must file an application with the county tax commissioner by April 1st of the taxable year.

2. Senior Citizen Exemption

   • Eligibility: Available to residents who are 65 years or older as of January 1st of the taxable year and meet income requirements.
   • Amount: Up to $4,000 of the assessed value of the homestead property is exempt from ad valorem taxation.
   • Notes: Income must not exceed $30,000 for single filers and $60,000 for married couples filing jointly. Must file an application with the county tax commissioner by April 1st of the taxable year.

3. Disability Exemption

   • Eligibility: Available to residents who are totally and permanently disabled as of January 1st of the taxable year and meet income requirements.
   • Amount: Up to $10,000 of the assessed value of the homestead property is exempt from ad valorem taxation.
   • Notes: Income must not exceed $30,000 for single filers and $60,000 for married couples filing jointly. Must file an application with the county tax commissioner by April 1st of the taxable year.

Deductions

1. School Tax Exemption

   • Eligibility: Available to residents who are 62 years or older as of January 1st of the taxable year and meet income requirements.
   • Amount: The amount varies depending on the school district.
   • Notes: Income must not exceed $10,000 for single filers and $20,000 for married couples filing jointly. Must file an application with the county tax commissioner by April 1st of the taxable year.

2. Veterans Exemption

   • Eligibility: Available to veterans who meet certain criteria.
   • Amount: Up to $10,000 of the assessed value of the homestead property is exempt from ad valorem taxation.
   • Notes: Must have served during a wartime period, have received an honorable discharge, and be a resident of Georgia. Must file an application with the county tax commissioner by April 1st of the taxable year.

Overall, these exemptions and deductions aim to provide relief for eligible residents from property taxes. It is important to note that specific requirements may vary by county or state, so it is recommended to contact the local tax commissioner's office for more information.

When is Stewart County Property Tax due ?

Stewart County Property Tax Due Date and Payment Methods

If you own property in Stewart County, Tennessee, you are required to pay property taxes each year. The due date for property tax payments in Stewart County is typically February 28th of each year.

There are several payment methods available for property tax payments in Stewart County, including:

1. Online Payment - You can pay your property tax bill online using a credit or debit card. To do so, visit the Stewart County Trustee's website and follow the instructions provided.

2. Mail - You can mail your payment to the Stewart County Trustee's office. Make sure to include your payment stub and write your tax ID number on your check or money order.

3. In-Person - You can make a payment in person at the Stewart County Trustee's office during normal business hours. The office is located at 225 Donelson Parkway, Dover, TN 37058.

It's important to note that if you fail to pay your property taxes by the due date, you may be subject to penalties and interest charges. So, make sure to mark your calendar and pay your property taxes on time.

If you have more questions - contact your local tax collector.

How is Stewart County Property Tax penalty calculated ?

Stewart County Property Tax Penalty Calculation

Stewart County imposes a penalty on property tax payments that are not received by the due date. The penalty is calculated based on a percentage of the unpaid tax amount and is added to the original tax bill. Here is how Stewart County calculates the property tax penalty:

1. Determine the unpaid tax amount: The amount of property taxes that remain unpaid after the due date is the unpaid tax amount.

2. Calculate the penalty rate: The penalty rate for the first month is 1.5% of the unpaid tax amount. For each additional month that the tax remains unpaid, the penalty rate increases by 1.5%. The maximum penalty rate is 18%.

3. Add the penalty amount to the unpaid tax amount: To calculate the total amount due, add the penalty amount to the unpaid tax amount.

For example, let's say that the property tax bill for John's property in Stewart County was due on January 31, 2021, and the unpaid tax amount as of March 31, 2021, is $1,000. Here is how the penalty would be calculated:

• Unpaid tax amount: $1,000
• Penalty rate for the first month: 1.5%
• Penalty rate for the second month: 3%
• Penalty rate for the third month: 4.5%
• Penalty rate for the fourth month: 6%
• Penalty rate for the fifth month: 7.5%
• Penalty rate for the sixth month: 9%
• Penalty rate for the seventh month: 10.5%
• Penalty rate for the eighth month: 12%
• Penalty rate for the ninth month: 13.5%
• Penalty rate for the tenth month: 15%
• Penalty rate for the eleventh month: 16.5%
• Penalty rate for the twelfth month: 18%
• Total penalty amount after three months: $45 (1.5% of $1,000)
• Total amount due after three months: $1,045 ($1,000 + $45)

It is important to note that the penalty is calculated based on the unpaid tax amount and not the total tax amount. Therefore, even if a partial payment is made, the penalty will still be calculated based on the remaining unpaid amount.

In conclusion, property owners in Stewart County should make sure to pay their property taxes on time to avoid incurring penalties.

We recommend contacting the Stewart County Tax Office or a local tax professional for the most up-to-date and accurate information.

Stewart County tax offices:

• Stewart County tax assessor
• Stewart County tax collector
• Stewart County tax commissioner
• Stewart County tax appraiser
• Stewart County tag office