Everything You Need to Know About Jackson County Personal Property Tax
When you own personal property in Jackson County, Missouri, you are responsible for paying personal property tax. This tax is assessed annually and is based on the value of your personal property on January 1 of each year. If you own any of the following, you are considered to own personal property:
What is Personal Property?
Personal property includes but is not limited to:
- Vehicles
- Boats
- Motorcycles
- RVs
- Aircraft
- Trailers
- Machinery and equipment
- Inventory for businesses
- Furniture and fixtures
- Sporting equipment
How is Personal Property Tax Assessed?
The Jackson County Assessment Department values your personal property to determine the amount of personal property tax you owe. They use a depreciation schedule to determine the value of your property based on its age, condition, and market value. The tax rate is then applied to the assessed value to determine your tax bill.
When is Personal Property Tax Due?
Personal property taxes are billed annually in December and due by December 31st of each year. If you do not pay your personal property tax by the due date, you will be subject to penalty and interest charges.
How to Pay Personal Property Tax?
You can pay your personal property tax in a variety of ways:
- Online at jacksongov.org
- In person at the Jackson County Courthouse
- By mail to the Jackson County Collector’s Office
- By phone using a credit card
What Happens if You Don’t Pay Your Personal Property Tax?
If you do not pay your personal property tax, the Jackson County Collector’s Office will begin the collections process. This may include wage garnishments, bank levies, and other legal measures to collect the outstanding debt. It is important to pay your personal property tax on time to avoid these consequences.
Conclusion
Personal property tax is an annual tax assessed on personal property in Jackson County, Missouri. It is important to understand what personal property is, how it is assessed, and when it is due. If you own personal property in Jackson County, make sure to pay your personal property tax on time to avoid penalties and legal consequences.
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