INDIANA – Indiana residents have until December 31 to file for property tax deductions. The Indiana Department of Local Government Finance (DLGF) has reminded eligible community members to submit their applications before the end of the year to ensure they benefit from tax reductions on their upcoming bills.
Property tax deductions can significantly reduce the assessed value a taxpayer pays on their property. According to the DLGF, these deductions reduce the taxable value of a property, reducing the overall tax liability.
For those who have previously applied for a deduction, there is no need to reapply each year unless there has been a change in ownership, such as the sale of the property or a change in the title. If no such changes exist, the deduction will automatically carry over.
Taxpayers who submit their applications before the Dec. 31 deadline will have the deduction applied to their tax bills for the following year.
For more information regarding Indiana’s most common deductions, eligibility requirements, and forms required for filing deductions, visit in.gov/dlgf/deductions-property-tax.
