Paying Alameda County Property Taxes by Friday, Dec. 29, 2017 ?
Piedmont property owners face important property tax deduction changes on their 2018 income tax statements.
This site does not provide tax advice, however there is information to indicate paying the full 2017-18 property tax by December 29, 2017 (Friday) may save taxpayers money because of the IRS deductibility rule changes for 2018.
Some property owners have wondered if they can pay even further ahead for 2018-19 taxes. According to Alameda County Tax Collector Henry Levy, the answer is NO. See below.
MEDIA ADVISORY FROM ALAMEDA COUNTY
Residential Homeowners Encouraged to Consider Paying Their Second Installment Property Taxes for 2017-18 Fiscal Year by December 31, 2017 to Maximize Potential Federal Income Tax Benefit
The Alameda County Treasurer-Tax Collector, Henry (Hank) Levy wants to remind all taxpayers, especially residential homeowners, that they may want to consider paying their second installment property taxes for 2017-18 fiscal year by December 31, 2017 (Sunday).
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 at Alameda County 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 the Alameda County website at www.acgov.org/propertytax or call the office at (510) 272-6800, if you need help locating your second installment voucher.
Unfortunately, the Alameda County office is not able to collect taxes for the 2018-19 fiscal year. Bills for that year will not be prepared until September, 2018.
Alameda County Tax Collector