Politics & Government

Pay Your Property Taxes Now To Maximize Deduction

County Tax Collector warns residents that taxes paid after Dec. 31 will be subject to the tax bill passed by Congress.

PIEDMONT, CA — This close to Christmas you probably don't want to think about your property taxes. But paying your next installment could be beneficial, according to Alameda County Treasurer-Tax Collector Henry Levy.

Here's a message passed along from the county: The due date for the second installment of the 2017-18 fiscal year property tax is February 1, 2018 and delinquent after April 10, 2018. However, the new income tax law will limit the amount of the itemized deduction for property taxes paid after January 1, 2018. Taxpayers should check with their income tax advisors, but many taxpayers will lose an income tax benefit by waiting until next year to pay the second installment if the new income tax law is enacted.

Taxpayers can use all the payment options that are usually available. We recommend e-check payment option, which is payment through the web via a bank transfer called an ACH. However, taxpayers may continue to pay by cash, check, or credit card. Visit our website at www.acgov.org/propertytax or call our office at (510) 272-6800, if you need help locating your second installment voucher.

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Unfortunately, our office is not able to collect taxes for the 2018-19 fiscal year. Bills for that year will not be prepared until September, 2018.

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Find out what's happening in Piedmontfor free with the latest updates from Patch.

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