M THE INSIGHT HUB
// culture

When do property taxes become delinquent after one year?

By Sophia Edwards

After one year, if still unpaid, these property taxes and accrued interest become delinquent after December 31. A property with delinquent taxes is subject to tax sale if those taxes are unpaid by the statutory tax sale date which is the last Monday in September each year.

What to do if you have a delinquent tax return?

You can contact a tax professional or the IRS for help with filing delinquent returns. If you are unable to fully pay any tax due on the late returns, do not let this prevent you from filing as payment options may be available. For more details, ask your tax professional or an IRS representative.

What does it mean to sell a delinquent tax?

Sold:Delinquent property taxes sold at a tax sale. Redeemed:Payment made to the Clerk\’s Office by owner, of sold taxes, costs, and interest, following a tax sale. Vacated:Taxes have been sold but declared “vacated” by the Circuit Court. Taxes may be due.

When does a delinquent tax become an arrear?

Delinquent taxes are any taxes in arrears remaining unpaid on December 31 in the year following the year in which they became taxes in arrears. Unpaid property taxes become taxes in arrears after December 31st of the current taxation year, and interest starts to accrue on the total unpaid amount.

Can a tax delinquent property be sold with a tax deed?

If the State has held the tax sale certificate over three years a tax deed will be issued to the purchaser. Please note: neither an assignment nor a tax deed gives the holder clear title to the parcel. It is advisable to consult a competent attorney regarding your contemplated purchase of tax delinquent property.

How to find out if your property tax due date has been delayed?

(To learn more, read How the Coronavirus Outbreak Is Affecting Property Taxes, Tax Sales, and Tax Foreclosures .) To find out if your area has a delayed property tax due date or a tax sale moratorium in place, call your local taxing authority, like the county treasurer’s office or tax collector’s office, or look online.