Community Corner
Woodbridge Makes Decision About Paying Property Taxes Early
The questions concerning paying taxes early stems from the new federal tax law that caps state and local tax deductions at $10,000.
By Jack Kramer, Correspondent
WOODBRIDGE, CT - Due to the recent changes in federal tax law some residents have asked, “Can I prepay my Woodbridge property taxes before January 1, 2018?” The answer is no.
Connecticut State law does not grant municipalities the power to collect taxes before a mill rate is set. Therefore you cannot prepay your 2018-2019 taxes now.
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The Town has just begun its annual budget process which will conclude in May 2018 when the budget is adopted and a mill rate is set.
Residents will then receive tax bills which are due in July.
Find out what's happening in Bethwoodfor free with the latest updates from Patch.
The questions concerning paying taxes early stems from the new federal tax law that caps state and local tax deductions at $10,000, a change that could cost some taxpayers thousands of dollars.
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