![]() Philly’s residential, commercial, industrial, and institutional property owners last saw changes to their assessments in 2020. Please understand that the new tool only provides estimates, which may not be accurate for owners who receive property tax abatements or are currently enrolled in the Longtime Owner Occupants Program (LOOP) or the Senior Citizen Tax Freeze program. You can apply online or mail in an application. If you are not currently enrolled in the program but think you may qualify, it’s easy to apply. But this amount and tax rate could change should City Council pass the Mayor’s proposed increase. The program works by reducing your annual property tax bill by up to $629. The Homestead Exemption is available to Philadelphians who own and live in their homes. Use the drop-down menu to see the effect of the current and proposed Homestead amounts on your “Estimated 2023 Tax” bill. Property owners with the Homestead Exemption will see a number greater than zero (0) in the “Homestead Exemption” box. If you do, the tool estimates the effect of the current and the Mayor’s proposed Homestead amounts on your next bill. Make sure to enter your address correctly.īesides knowing what your next property tax bill would be, the estimator lets you know if you have the Homestead Exemption or not. Enter your address (street name and number) in the “Search the map” box and press “enter” on your keypad.But why wait when you can easily estimate your bill today? The tool lets you estimate your tax in two simple steps. Property owners can look forward to receiving written notices with their new assessments by September of this year. The 2023 preliminary values were released online on May 9. It was launched soon after the Office of Property Assessment (OPA) released new assessments for over 580,000 Philly properties. The Real Estate Tax estimator is available on the website. ![]() The City of Philadelphia recently launched an online calculator to help residents estimate their 2023 property tax bills. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |