Amid property tax season, local expert shares information

AUGUSTA, Ga. (WRDW/WAGT) – Property tax season is true across the nook and a neighborhood personal wealth advisor shares info on what you must know and a few strikes that you must make earlier than April 1.

In keeping with Will Rogers, every county is totally different in the case of property taxes.

Richmond County

Richmond County provides an S one, which is a daily homestead exemption. Most individuals can get it, which is $2,000.

For those who’re 62-years-old and your internet earnings is beneath $10,000, there’s the S three, the place you get a partial college exemption.

For those who’re 65-years-old, there’s an H two, a homestead exemption, and it exempts you from the tutorial taxes.

There are different breaks inside Richmond County that embrace disabled people, in addition to surviving spouses of a firefighter or public servant who died in motion.

Columbia County

Columbia county is much like Richmond County however has a couple of various things.

Columbia County has an L three, which suggests should you’re 62-years-old, you get a $40,000 deduction in case your earnings is lower than $15,000 a yr.

For those who’re 70-years-old, the L six exemption, there’s no earnings limits for age 70.

Residents 70-year-old can get an exemption from the entire training taxes.

Different tax breaks embrace in case you are disabled, disabled veteran, or a surviving partner of a deceased navy member.

Aiken and Edgefield counties

In South Carolina, the common homestead exemption for residents is $50,000.

South Carolina doesn’t have the over age 65, over age 70 or navy members, like Georgia residents.

For those who want extra readability on property taxes, discuss to your native tax commissioner for the county you reside in or go to your county web sites.

Rogers says to not procrastinate, because the deadline is shortly approaching.

The deadline for property taxes and paperwork is April 1.

For extra info, go to Will Rogers’ web site.

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