Get the free Indiana Board of Tax Review Final Determination Findings and Conclusions

This document provides the findings and conclusions of the Indiana Board of Tax Review regarding a property tax assessment appeal made by Joseph P. and Julie L. Smith against the Boone County Assessor.

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How to fill out Indiana Board of Tax Review Final Determination Findings and Conclusions

1. Begin by downloading the Indiana Board of Tax Review Final Determination Findings and Conclusions form from the official website.
2. Read the instructions carefully to understand the requirements and sections of the form.
3. Fill out the identifying information, including the property owner's name, address, and the property tax year in question.
4. Provide details about the property involved, such as the type of property, parcel number, and any relevant assessment information.
5. Clearly outline the basis for the appeal, including any specific findings or conclusions you wish to contest.
6. Include any supporting documentation or evidence that backs your claims, such as property appraisals or photographs.
7. Sign and date the form to certify that all information provided is accurate and complete.
8. Submit the completed form to the appropriate county office or online submission portal, if available.

Who needs Indiana Board of Tax Review Final Determination Findings and Conclusions?

1. Property owners who disagree with the assessed value of their property for tax purposes.
2. Tax professionals or attorneys representing property owners in tax disputes.
3. Individuals or entities seeking a formal review of tax assessments made by local government authorities.

People Also Ask about

How do I find out my home's assessed value?

Assessed value = Property tax bill x (100 / Tax rate) Example: If your property tax bill is $3,400 and your county's department of finance tells you the real-estate tax rate is 1%, you can see that your assessed value is $340,000.

What does tax assessment number mean?

ASSESSED VALUE: This is how much of your home's value the city can tax. This should be half the amount you could sell your house for on the market today. State law requires that assessments cannot be more than 50% of a property's market value.

What is a notice of assessment from the IRS?

A notice of assessment is mailed to taxpayers notifying them of the proposed amount they owe.

What is an example of a tax assessment?

For example, say your property was assessed at $100,000 last year at a tax rate of $30 per $1,000 in value, you would have thus owed $3,000. But if your property assessment increased by 5% and the tax rate dropped to $27.78 per $1,000, you'll only owe $2,917 this year.

What is the Indiana property tax review?

The Indiana Board of Tax Review ("IBTR") is the state agency charged with deciding property tax assessment appeals. The IBTR addresses appeals contesting real and personal property assessments. It also addresses appeals concerning property tax exemptions, deductions, and credits.

How do you read a tax notice of assessment?

Your assessment notice is just that, a notice. It indicates what your property is worth & how much of that value is taxable. The local millage rates are applied to your taxable value to calculate your tax bill. Your property taxes are not based on your assessed value.

For pdfFiller’s FAQs

What is Indiana Board of Tax Review Final Determination Findings and Conclusions?

The Indiana Board of Tax Review Final Determination Findings and Conclusions is a formal document issued by the Indiana Board of Tax Review that contains the final decision regarding a tax appeal. It includes the findings of fact and legal conclusions reached by the Board after reviewing the evidence and arguments presented by the parties involved.

Who is required to file Indiana Board of Tax Review Final Determination Findings and Conclusions?

Taxpayers who have filed an appeal regarding property tax assessments or related matters are typically required to file the Indiana Board of Tax Review Final Determination Findings and Conclusions if they wish to challenge the final ruling made by the local assessment board.

How to fill out Indiana Board of Tax Review Final Determination Findings and Conclusions?

To fill out the Indiana Board of Tax Review Final Determination Findings and Conclusions, you must provide a detailed account of the case, including the taxpayer's information, the legal basis for the appeal, relevant evidence, and any arguments presented. It may require specific forms and documentation as mandated by the Board.

What is the purpose of Indiana Board of Tax Review Final Determination Findings and Conclusions?

The purpose of the Indiana Board of Tax Review Final Determination Findings and Conclusions is to provide a clear record of the Board's decision on tax disputes, ensuring transparency and offering a structured format for parties to understand the reasoning behind the Board's conclusions.

What information must be reported on Indiana Board of Tax Review Final Determination Findings and Conclusions?

The information that must be reported on the Indiana Board of Tax Review Final Determination Findings and Conclusions includes the names of the parties involved, the tax years in question, details of the property under dispute, claims made by the taxpayer, the evidence submitted, the Board's findings of fact, conclusions of law, and the final ruling.