Bill Personal Property Form With Two Points In Middlesex
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You can deduct up to $10,000 (or $5,000 if married filing separately) of state and local taxes, including personal property taxes.
The average effective tax rate in Middlesex County is 1.24%.
The median property tax rate in Middlesex County is 5.10%, which is significantly higher than both the national median of 0.99% and the New Jersey state median of 2.82%.
When a tax due date falls on a weekend, it automatically extends to the next business day. The personal property tax rate is 3.96% of assessed value for calendar year 2024. A mobile home classified as personal property is taxed at real estate tax rate at 0.854% of assessed value for calendar year 2024.
Calculating the Tax Assessed value of the vehicle is $8,000. Apply the $4.15 tax rate: ($4.15 / 100) x $8,000 = $332.00. Calculate personal property relief: 28% (for 2024) x $332.00 = $92.96. Reduce the tax by the relief amount: $332.00 - $92.96 = $239.04. Annual Tax Amount = $239.04.
What is the real estate tax rate? The current tax rate for real estate is 0.61¢ per $100. The Board of Supervisors sets this rate annually.
Property taxes are calculated by multiplying the assessed value of your property by the current year tax rate (base rate). The Tax Assessor determines the assessed value of your property, while County Tax Board determines the annual tax rate based on school, municipal and county adopted budgets.
Contact Your Assessor's Office First, contact your local assessor's office. They can answer questions about your assessment, provide appropriate paperwork, and assist with any special circumstances. Your assessor's office may also provide information that could assist with your tax bill.
The State Tax Form 96-1 is used to apply for personal property tax exemptions for seniors in Massachusetts. It must be completed by seniors who want to apply for a tax exemption on their personal property. The form requires personal information, including name, address, and age.
