How can I apply for a property tax deferral?

In California, homeowners who are over the age of 55, severely disabled, or have low incomes may be eligible for a property tax deferral. To apply, you must first contact your County Tax Collector’s Office and obtain the appropriate application forms. In general, you will have to provide proof of age, income, and your current property tax bills. You may also need to provide a copy of your deed or proof of ownership of your property. Once you have filled out the forms and submitted the necessary documents, your County Tax Collector will review your application. If you are approved for the tax deferral, the amount of your deferral will be determined and your property tax will be reduced for the current year. However, because the deferral is a loan, your taxes will still need to be paid in full. The amount of the loan will be added to your next year’s property tax bill, along with interest. You should keep in mind that even if you are approved for a property tax deferral, you may still need to make estimated payments in order to avoid penalty and interest charges. You may also need to reapply each year in order to continue to receive the deferral. It is important to note that this is not the same as a property tax exemption, which may reduce the amount of tax you owe in the first place. To learn more about property tax exemptions, contact your County Tax Collector’s Office.

Related FAQs

What are the common exemptions to property taxes?
What is a Property Tax Levy?
How are property taxes different in different states?
What is an appraisal district?
What is the difference between a property tax lien and a tax deed?
What is a homestead exemption?
What are the various types of property taxes?
What is a property tax lien?
How much can I deduct for property taxes on my income taxes?
What is a “split roll” property tax system?

How can I apply for a property tax deferral?

Related FAQs

Related Blog Posts