How much is personal property tax

how much is personal property tax

The following types of personal property are considered taxable: motor vehicles, trailers, mobile homes, watercraft, boat motors, aircraft, livestock, farm machinery and equipment, and any other personal property not exempted by law. There may be circumstances when a mobile home may be considered real property and not personal property. Contact the Assessment Department. (816) 881-1330, for more information.

Telephones are staffed during regular business hours (8:00 a.m. to 5:00 p.m. Monday through Friday, excluding holidays observed by Jackson County).

Taxes are assessed on property owned on January 1 each year. Even if you no longer own the vehicle, own a different vehicle, or no longer own any vehicle, the tax is based on what was owned on January 1. The tax amount is not prorated. The total tax amount is due upon receipt of the statement, but no later than December 31 or interest, penalties, and fees will be assessed.

No, you may mail your payment, pay in person at one of the County’s Collection Department Offices or our satellite offices, or you may also pay your property taxes on-line through the internet 24 hours a day. CLICK HERE for the online payment option. Please note that the online payment website will close at 11:00 p.m. December 31.

The Jackson County Courthouse and the Jackson County Courthouse Annex are open 8:00 a.m. to 5:00 p.m. Monday through Friday, excluding holidays observed by Jackson County.

Under state law taxes are due upon receipt of the tax bill but no later than December 31. Interest, penalties and fees will accrue if payment is late.

For payments made by mail to be on time, the U.S. postal service postmark date must be December 31 or earlier. To ensure your mailed payment is timely, contact the Post Office to determine the office hours for mail postmark. Payments placed in Post Office Mail drop boxes do not always receive the same day postmark. The collector’s office highly recommends mailing several days before the December 31 deadline.

Payments made in person are accepted during regular business hours (8am to 5pm, Monday through Friday) at the Collector’s Office (excluding holidays).

Payments made online will be considered on time if made before the online payment website closes at 11:00 p.m. December 31. Online payments made after the online payment website reopens in the new year will be late, and interest, penalties and fees will accrue. Until it closes at 11:00 p.m. December 31, the online payment website will be available 24 hours per day, seven days a week except when down for maintenance. It is recommended that online payments be made before 5:00 p.m. on December 31 to avoid maintenance concerns. For payments made online, please print your Official Paid Tax Receipt at the time of your payment to insure that you have completed your transaction. Submitting a web payment with incorrect or invalid account or routing numbers will result in your payment failing to clear your financial institution, possibly rejected by your bank after the delinquency date.

Payments which fail to clear your financial institution will not be considered as paid on time once resubmitted with a valid form of payment. Such failed payments may accrue returned item bank fees charged by the County as well as interest, penalties, and fees if the valid resubmitted form of payment is received after the delinquency date.

There is a $0.40 fee for using the e-check online payment option, which is the exact cost the County pays for this service. There is a 2.395% fee charged by a third-party bank for a credit/debit card online payment.

If you bought your car after January 1 of last year, use last year's receipt. Property taxes are not owed on a vehicle new to you until you've owned it on January 1. If you owned the vehicle on January 1 of last year and it is not listed on your receipt, or is incorrect on your receipt or statement, please contact the Assessment Department. (816) 881-1330.

Telephones are staffed during regular business hours (8:00 a.m. to 5:00 p.m. Monday through Friday, excluding holidays observed by Jackson County).

Yes. Under state law, your tax obligation is established on January 1. Even if you move to a different state the next day, you are still taxed as if you owned the vehicle for the entire year. The tax bill is not pro-rated. The entire amount is due. However, if you move into Missouri on January 2, you are not taxed for that year.

If you were assessed and paid taxes in Jackson County for the prior two years, you need the prior two years’ receipts. If you cannot locate your Jackson County tax receipt for the appropriate year, CLICK HERE to reprint your Official Paid Tax Receipt. If you were assessed in another Missouri County, you should contact that county for copies of that county’s receipts.

CLICK HERE to obtain a duplicate of your original property tax receipt FOR FREE.

Yes. We mail bills to the address on

file. Every year mail is returned by the Post Office as undeliverable because the forwarding time has expired. Interest, penalties and fees will accrue and are due if the bill is not paid before January 1, whether or not the bill is received by the taxpayer. Simply notifying the post office or the Missouri Department of Motor Vehicles of your new mailing address is not sufficient to insure a change to your county tax account. You may update your address by visiting the Assessment Department or by mailing a completed change of address form, which you can DOWNLOAD HERE.

The amount of tax you owe is based on the assessed value of the tangible personal property you owned on January 1 of that year and the levy rates provided by the political subdivisions (example, school districts, city, fire district, etc.) in which you reside. The higher the assessed value, the higher the amount due will be. Additional fees such as city sticker fees or late declaration filing fees may also appear in your bill total. The value of the property is determined by the county assessor using standardized information. The assessed value of your vehicles and other property is listed on your tax bill.

Your personal property tax is calculated by dividing the assessed value of the property by 100, and then multiplying that value by the levy rate for your area.

Personal Property Tax = (Assessed Value/100) x (Levy Rate)

Your payment must be received by the collector or postmarked no later than December 31. Interest, penalties and fees will accrue if payment is late. Online payment is late if made after the online payment website closes at 11:00 p.m. December 31. Online payment is not made until the online payment transaction is completed. Payment by mail will be late if postmarked after December 31. Late payment must include interest, penalties and fees as accrued for the month of payment. Additional interest, penalty and fee charges will accumulate on the first of each month beginning January 1 until the bill is paid in full.

When taxes are not paid in a timely manner, Missouri law requires the Collector to impose penalty, fee and interest charges additional to the base tax. Historically, some delinquent taxpayers have requested waivers for these additional charges. Please be advised that the Jackson County Collector does not waive penalties, interest or fees resulting from late payment by a taxpayer.

If you believe your payment was made timely and that late charges were therefore assessed in error please mail documentation necessary to support your belief to the Collection Department.

  • paid personal property tax receipt(s) or statement of non-assessment as requested by the Department of Revenue
  • motor vehicle inspection slip, if required
  • proof of insurance
  • title or renewal notice, if applicable

Visit the Missouri Department of Revenue Web site for further information or updates.

Seven cities charge a city sticker fee for autos, truck and cycles within their city limits.

The Motor Vehicle Bureau will accept a non-assessment form in place of a paid property tax receipt. This form states that you were neither assessed nor owe taxes in Jackson County. You may obtain a non-assessment form from the Assessment Department if:

  • you are new to the state of Missouri
  • you are licensing the first vehicle in your name
  • and, you do not have personal property tax obligation to any Missouri county

For additional information, contact the Assessment Department. (816) 881-1330.

Telephones are staffed during regular business hours (8:00 a.m. to 5:00 p.m. Monday through Friday, excluding holidays observed by Jackson County).

If you have recently moved to Jackson County, you will need to visit the Jackson County Assessment Department. (816) 881-1330.

Telephones are staffed during regular business hours (8:00 a.m. to 5:00 p.m. Monday through Friday, excluding holidays observed by Jackson County).

If you have a current paid property tax receipt(s) from your previous county, you will take the receipt(s) along with the other required information to the DOR branch office. However, it is important that you contact the Jackson County Assessment Department. (816) 881-1330, and let them know you are now a resident of Jackson County and need to be placed on the tax rolls.

Telephones are staffed during regular business hours (8:00 a.m. to 5:00 p.m. Monday through Friday, excluding holidays observed by Jackson County).

The leasing company is billed for personal property taxes on all vehicles it owned on January 1. Please check your lease agreement for additional information. Please do not add your leased vehicle to your personal property declaration as the leased vehicle is owned by the leasing company, not you as an individual taxpayer.

  • paid personal property tax receipt(s) listing the leased vehicle or statement of non-assessment as requested by the Department of Revenue
  • motor vehicle inspection slip, if required
  • proof of insurance
  • title or renewal notice, if applicable

Source: www.jacksongov.org

Category: Taxes

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