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Pa Income Tax Forms document sample
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2009 TCTA Spring Meeting
Susan Gullette, Assistant Director
Points of Interest
2008 Status
Exploring TR Web
2009 Information
Income limit
Workshop schedule
2008 DV Activity
Received - 26,214
Paid Pending Letters Unapproved
2008 ACV Activity
Selected – 113,685
Paid Pending Voids Letters Not Returned
Exploring TR Web
Document Upload Capability
Letter Reports
ACV / DV List
PDF Forms
Message Center
Tax Relief System File Upload Instructions
This version of the Tax Relief systems includes some new features that revolve
around uploading supplemental documentation files directly to Tax Relief through
the web application. These are the same files that you previously had to FAX or
Secured transmission of
E-MAIL.
documents.
Notice the change to the DV section of the Main Page. You can now search for
DVs in the same way as ACVs. You can even search DVs that you have already
submitted by clicking the “Click this checkbox to show all DVs” checkbox.
Letter Reports
Uploading documentation
Read upload instructions
Scan Documents
Save in a Folder
Select the Applicant from the Listing
Follow Online Instructions
2009 Information
TY 2009 Income Limit
$25,360
1 – July 21 2 – July 22 3 – July 28 4 – July 29
Jasper Public Library Wilson County Bank & Trust Jonesborough Visitor Center Clinton Public Library
14 West Second Street 623 West Main Street 117 Boone Street 118 South Hicks Street
Jasper, TN Lebanon, TN Jonesborough, TN Clinton, TN
9:00 a.m. – 12:00 noon 9:00 a.m. – 12:00 noon 9:00 a.m. – 12:00 noon EST 9:00 a.m. – 12:00 noon EST
Approximate seating: 30 Approximate seating: 75 Approximate seating: 100 Approximate seating: 50
.
5 – July 30 6 – July 31 7 – August 4 8 – August 5
Municipal Center Rhea County Nashville Main Library J.B. Walker Memorial Library
400 West Broadway Trustee Government Offices Conference Room 1 A/B 120 West Swan Street
Maryville, TN 375 Church Street 615 Church Street Centerville, TN
9:00 a.m. – 12:00 noon EST Dayton, TN Nashville, TN 9:00 a.m.–12:00 noon
Approximate seating: 50 9:00 a.m. – 12:00 noon EST 9:30 a.m.–12:30 p.m. Approximate seating: 30
Approximate seating: 30 Approximate seating: 100
9 – August 6 10 – August 7 11 – August 12 12 – August 13
Shelbyville Recreation Center Montgomery County Civic Hall Madison County Main Library Chamber of Commerce
220 Tulip Tree Drive 350 Pageant Lane 433 E. Lafayette Street Lannom Center
Shelbyville, TN Clarksville, TN Jackson, TN 2000 Commerce Avenue
9:00 a.m. – 12:00 noon 9:00 a.m. – 12:00 noon 9:00 a.m. – 12:00 noon Dyersburg, TN
Approximate seating: 65 Approximate seating: 100 Approximate seating: 75 9:00 a.m. – 12:00 noon
Approximate seating: 75
Property Tax Freeze
Frequently Asked Questions
Tom Fleming
Assistant to the Comptroller for
Assessments
Tax Freeze FAQ
Q. What amount of tax becomes the
frozen tax amount?
A. The amount paid in the year the
owner first qualifies
Tax Freeze FAQ
Q. What if the calculated taxes on a
property are less than the frozen
amount?
A. The taxpayer will pay the lesser
amount.
Tax Freeze FAQ
Q. If the actual taxes become lower
than the frozen amount, do they
refreeze at the lower amount?
A. No, taxes remain frozen at the
amount for the year the applicant
first qualified.
(Note: The lower amount is actually paid.)
When Taxes Go Down
Tax Freeze FAQ
Q. Do owners have to apply for the
freeze or can they just state they are
eligible?
A. The property owner has to apply
and provide proof of age,
ownership, and income.
Tax Freeze FAQ
Q. Do owners have to apply or claim
eligibility each year or just once?
A. The owner has to re-qualify each
year.
Tax Freeze FAQ
Q. Does every owner have to be over
age 65 or is the property eligible if
any owner is over 65?
A. It is not required that every owner
be age 65 or over. It is required that
the owner applying for the tax freeze
be age 65 by the end of the year in
which the application is filed.
Tax Freeze FAQ
Q. If a qualified owner is determined in a
subsequent year to no longer be qualified
for the freeze and then in a following year
regains eligibility, at what amount are the
taxes frozen?
A. The owner would have to reapply and
meet all the qualifications to have their
taxes frozen. A new frozen tax amount
would be established in the year that the
applicant once again becomes eligible for
the program.
Tax Freeze FAQ
Q. Would the individual have to own the
property the entire year to qualify for the
freeze?
A. It is not required that the applicant own
the property on January 1 of the tax year.
However, the applicant must own the
property for any portion of the year for
which application is made and must retain
ownership through the application
deadline (35 days after the delinquency
date for that tax year).
When Property Sells
(35 days after delinquency date)
Tax Freeze FAQ
Q. Will income be verified annually or
just once?
A. The applicant will have to show
proof of income annually.
Tax Freeze FAQ
Q. Do the benefits of a freeze travel
with the owner or must they be
established for each property?
A. The benefits do not travel with the
owner. They must be established for
each property.
Tax Freeze FAQ
Q. If an individual is already approved for the
state Property Tax Relief Program as a low-
income elderly recipient, will they also
automatically qualify for the tax freeze?
A. Approval for Tax Relief serves as evidence of
age and income for purposes of the tax
freeze. Rules regarding ownership and
residency differ between the two programs. A
separate application for the tax freeze is
required.
Tax Freeze Jurisdictions
Tax Freeze Jurisdictions
2009 TCTA Spring Meeting
David Sherrill, Director
Tennessee County Reappraisal Cycles
Clay Pickett Hancock Sullivan
Stewart Robertson Macon Claiborne Johnson
Montgomery Hawkins
Lake Obion
Weakley Henry
Houston
3 Sumner
Trousdale
Jackson Overton
Fentress
Scott Campbell
Union Grainger 9
Washington Carter
Dyer
1 Dickson
Cheatham
Davidson Wilson
Smith
5
Putnam Morgan Anderson
7 Hamblen Greene
Unicoi
Benton Jefferson
Gibson Humphreys
Carroll DeKalb Knox
Cumberland Cocke
Williamson White
Crockett Rutherford Roane
Lauderdale Hickman Cannon Sevier
Loudon
Henderson Warren Van Buren Blount
Madison Perry
Tipton
Haywood Decatur
Lewis
Maury
Bedford 6 Bledsoe Rhea
Meigs 8
2 Chester
4
Marshall Coffee
Grundy Sequatchie
McMinn Monroe
Moore
Shelby Fayette Hardeman Wayne
McNairy Hardin Lawrence Giles
Franklin Hamilton Bradley
Lincoln Marion Polk
6 Year Cycle (44)
5 Year Cycle (38)
4 Year Cycle (13)
2009 Assessment Activity
Clay Pickett Hancock Sullivan
Stewart Robertson Macon Claiborne Johnson
Montgomery Hawkins
Lake Obion
Weakley Henry
Houston
3 Sumner
Trousdale
Jackson Overton
Fentress
Scott Campbell
Union Grainger 9
Washington Carter
Dyer
1 Dickson
Cheatham
Davidson Wilson
Smith
5
Putnam Morgan Anderson
7 Hamblen Greene
Unicoi
Benton Jefferson
Gibson Humphreys
Carroll DeKalb Knox
Cumberland Cocke
Williamson White
Crockett Rutherford Roane
Lauderdale Hickman Cannon Sevier
Loudon
Henderson Warren Van Buren Blount
Madison Perry
Tipton
Haywood Decatur
Lewis
Maury
Bedford 6 Bledsoe Rhea
Meigs 8
2 Chester
4
Marshall Coffee
Grundy Sequatchie
McMinn Monroe
Moore
Shelby Fayette Hardeman Wayne
McNairy Hardin Lawrence Giles
Franklin Hamilton Bradley
Lincoln Marion Polk
Reappraisal (18)
Current Value Update (3)
Ratio Study (37)
Assessment Process
Fair & Equitable Appraisals
(Assessments - Taxes)
Fundamental Principles of Appraisal
Based on “Market Value”
(Market Value is established by arm’s-length
sales occurring on the open market)
Current Issue
What about the current economic crises and
those “Foreclosure Sales”?
The Current Economic Crises does not
support abandonment of appraisal &
assessment principles, but rather supports
adherence to those principles.
Current Issue
Foreclosure – Financial Institution is taking
back the property (this is not a sale).
In Lieu of Foreclosure – Property is
voluntarily transferred back to the lender
prior to a foreclosure (this is not a sale).
Sales After Foreclosure
Short Sale – seller sells for less than the
mortgage, and bank agrees to accept. Seller is
under duress to sell under these terms or lose
the property through Foreclosure.
(this is a distress sale)
Foreclosure Resale – property is resold by
financial institution after foreclosure.
(Could be open market, arm’s-length transaction)
2009 Reappraisal Counties
Market Value as of Jan 1, 2009
CTR for 2009
Tax Roll / Collections 2009
Taxpayer Perception
All Market Values Lowest in 10 years.
(All assessments should be reduced)
“Foreclosures” should be used to
value property.
Government Reappraises to Increase
Revenues / Raise Taxes.
Taxpayer Perception
Our Wheels Are Falling Off
Reality
2009 Values are higher than 2003 & 2004 & 2005.
“Foreclosures” are not sales. Sales after
foreclosure are usually not “arm’s length, open
market sales”.
County Budget needs have NO INFLUENCE on
appraisals / assessments.
The 2009 Challenge
Communication
2009 TCTA Spring Meeting
Legislative Update
Robert Lee, General Counsel
What’s happening at the 106th
General Assembly?
GUNS, GUNS & MORE GUNS!
Sagging Pants
Budget
Owner’s Income for Tax Relief &
Tax Freeze
Public Chapter 68
Provides that income attributable to the
property owner will include income of
applicant’s spouse.
Same for Tax Relief & Tax Freeze
Right of Redemption - Time
Senate Bill 429 / House Bill 598
Provides that 1 year right of redemption if from
the date of the order of confirmation of the sale.
Filed with the clerk of the court responsible for
the delinquent tax sale.
Signed by Governor
Right of Redemption - Who
Senate Bill 1158 / HB 1297
Requires that the person(s) entitled to redeem
property after a delinquent tax sale must have
an interest in the property as of the date of
the tax sale.
Municipal Purchase of Property at
a Delinquent Tax Sale
Senate Bill 1166 / House Bill 1387
Authorizes municipalities to sell property
acquired for tax delinquency for a price that is
less than the total amount of taxes, penalty,
cost and interest.
Requires a majority vote of the governing body.
Does not apply to Davidson County.
Sent to Governor
Trustee’s Settlement Report
Senate Bill 1277 / House Bill 1601
Removes requirement that the trustee must
report and make a settlement for all taxes
with the commissioner of revenue.
Removes requirement that the trustee
submit a financial report to certain state and
local government officers for purposes of
making a final settlement of taxes.
Tax Receivables
Senate Bill 1543 / House Bill 1813
Broadens authority to sell delinquent
property tax receivables to all political
subdivisions of the state.
Delinquent Property Taxes
Senate Bill 2037 / House Bill 1990
Makes it clear that the person redeeming
property must pay any property taxes paid on
the property, either current taxes or
delinquent taxes.
Revises the language of the notice published
in January prior to sending delinquent taxes
to back tax attorney.
Sent to Governor
Partial Payment Plan
Public Chapter 71
Requires that the trustee file a plan with the
Comptroller’s Office at least thirty (30) days prior to
accepting partial payments prior to taxes being due
under TCA § 67-5-1808.
The plan will not be subject to the approval of the
Comptroller’s Office but will allow the Comptroller’s
Office to comment on the plan.
This legislation brings uniformity to both partial
payment statutes.
Sent to Governor
State Board Appeals
Senate Bill 1570 / House Bill 1535
Provides that the Division of Property
Assessments has the right to intervene in
contested cased before the State Board of
Equalization.
Provides that attorneys from the Division of
Property Assessments can represent county
assessors before the State Board of
Equalization.
Sent to Governor
Collateral Attacks
Senate Bill 2110 / House Bill 2074
Makes clear that jurisdiction of the State
Board of Equalization is limited to matters of
valuation, classification, and exemption of
property, and leaves legality of taxes to be
decided by the courts.
Local Govt. Electronic Technology Act
Public Chapter 96
Provides that prior to any local government
implementing new electronic technology associated
with the disbursement of public funds; purchasing;
or the sale of local government assets; or the
collection of various taxes, fines, fees or payments;
the local government shall file a plan with the
Comptroller of the Treasury.
American Recovery &
Reinvestment Act (ARRA)
Almost $5 Billion for Tennessee
Schools
Water / Wastewater
Energy
Transportation
Accountability
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