Prepaying taxes

   / Prepaying taxes #105  
Definitely the minority!!!!

It's constantly changing in a State like California...

What I have learned is when the Majority becomes Minority the Majority does NOT get Minority rights... if this makes sense.

Even at the UC System... which has many programs for Minority students but Asians no longer fit the definition because they are "Over Represented"

When the rules keep changing it is like trying to hit a moving target.
 
   / Prepaying taxes
  • Thread Starter
#106  
Our County auditor certified prepaid property taxes on the 31st. So I am in for the prepay.
 
   / Prepaying taxes #107  
I always tend to pay both installments rather than let the second go to April...

It depletes the checking account just before Christmas and helps keep a lid on holiday spending.
 
   / Prepaying taxes #108  
In Texas all property is appraised at fair market value on January 1 every year. The fair market value is determined by the independent Tax Appraisal District, which is usually county wide. One good thing about moving out of the city sub-division where we did live was our appraised value is not going up every year. Since they were still building in the sub-division as new home prices went up every home's appraised value in the sub-division went up every year.

Property taxes are usually assessed by the city, county, and school districts on October 1 and payable without penalty by January 31. Mine were paid in November so I will get the deduction anyway. Since Texas does not have a state income tax I also get to deduct estimated sales tax based on income.
 

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