Each year many property owners are unaware of the early deadlines required for making application for property tax exemptions and for participating in the Installment Payment Plan. Both deadlines have the potential to impact the 2022 property taxes for property owners.
Please check out the important information below related to applying for a property tax exemption and for participating in the 2022 Installment Payment Plan so you don’t miss the deadlines.
Exemption Deadline
March 1st is an important deadline for Florida property owners. It is the final day to apply for property tax exemptions. A number of exemptions are available to qualifying Florida property owners, but you must apply with the Bay County Property Appraiser’s Office by the deadline.
Among the property tax exemptions authorized by Florida Statute are:
• Homestead Exemption
• Homestead Exemption Portability
• Additional Exemption for Persons 65 and Older
• Widow/Widower Exemption
• Disability Exemption
• Totally & Permanently Disabled Persons
• Disabled Ex-Servicemember or Surviving Spouse
• Surviving Spouse of Veteran Who Died While on Active Duty
• Surviving Spouse of First Responder Who Died in the Line of Duty
An extensive list of available exemptions and their requirements as well as checklists to ensure you have all the documentation needed to make application can be found online via the Bay County Property Appraiser’s website, Baypa.net or scan the QR code above with your smartphone camera to be directed to their webpage with additional information.
Applying for Exemptions
For those who recently purchased a home and received a Homestead Letter from the Property Appraiser’s Office, you may be eligible to file for homestead exemption online at Baypa.net. Other individuals desiring to apply for exemptions can visit the Property Appraiser’s Office at 301 Richard Jackson Blvd, Panama City Beach or call them directly at (850) 248-8470 before the March 1st application deadline.
Participating in the Property Tax Installment Payment Plan
For those taxpayers interested in paying their 2022 property taxes in four quarterly installments rather than one lump sum payment, you can apply to participate in the Installment Plan. The Installment Application must be received in the Tax Collector’s Office by April 30th. Additionally, if you look up your property tax account at BayTaxCollector.com you will see an option to “Apply for the 2022 installment payment plan.” This option allows you to apply online.
The Installment Plan breaks up a tax payer’s annual tax bill into four quarterly installment payments with the first payment due no later than June 30th. Additional installment bills are mailed in September, December and March. Failure to make the first payment by June 30th automatically terminates eligibility to participate. The taxpayer with terminated eligibility will then be sent a regular tax bill in November. If you are already participating in the Installment Payment Plan, you do not have to re-enroll each year. The annual billing for a tax account must be at least $100 annually to qualify to participate in the Installment Plan.
To learn more about the Installment Payment Plan, scan the QR Code to the right with your smartphone camera to be directed to a webpage with additional information.
To learn more about the tax collector’s office, please visit BayTaxCollector.com.
