Get the free Indiana Board of Tax Review Findings and Conclusions

This document outlines the findings and conclusions of the Indiana Board of Tax Review regarding the tax assessment appeal filed by Phillip M. Whysong, addressing the procedural history, parties'

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

1. Start by reviewing the form to understand its structure and required information.
2. Gather all relevant documents and evidence that support your case.
3. Clearly state the tax issue at hand in the designated section.
4. Provide a brief background of the property or matter under review.
5. Outline the arguments that support your position, including citations of relevant laws or precedents.
6. Include any supporting testimonies or statements from witnesses or experts.
7. Summarize your conclusions and the desired outcome from the review.
8. Review the document for clarity and completeness before submission.
9. Submit the completed findings and conclusions to the appropriate Indiana Board of Tax Review.

Who needs Indiana Board of Tax Review Findings and Conclusions?

1. Property owners who are appealing a tax assessment.
2. Tax representatives or attorneys specializing in tax law.
3. Businesses disputing tax evaluations or classifications.
4. Anyone involved in a tax appeal process needing formal findings and conclusions.

People Also Ask about

Is it worth it to appeal property taxes?

Successfully appealing property taxes can result in a reduced tax bill. Still, homeowners should consider various factors, including the impact on the home's fair market value and the associated expenses, before deciding to file an appeal.

How do I find the assessed value of my property in Indiana?

You will receive notice of your property's value in one of two ways: the county assessor may send you a notice of assessment, known as a Form 11. Otherwise, the assessed value of your property can be found on your tax bill. This document is known as the TS-1 tax comparison statement.

How often are property taxes reassessed in Indiana?

Using annual adjustments, assessors will adjust or “trend” property values every year to reflect market values of property.

How do I dispute property taxes in Indiana?

An appeal begins with filing a Form 130 – Taxpayer's Notice to Initiate an Appeal with the local assessing official. The appeal should detail the pertinent facts of why the assessed value is being disputed. A taxpayer may only request a review of the current year's assessed valuation.

At what age in Indiana do you stop paying property taxes?

1. Over 65 Deduction Breaker Credit. For retirees, it's worth looking into the Over 65 Deduction Indiana property tax exemption. The Over 65 Circuit Breaker Credit helps limit how much your property taxes can increase annually.

How is assessed value determined in Indiana?

Determining Gross Assessed Value Calculating your property tax begins with establishing the gross assessed value of your home or land. In Indiana, county assessors perform a mass appraisal each year, analyzing the market participants and comparable sales to secure a value reflective of the property's market worth.

Do property taxes go down when you turn 65 in Indiana?

If you receive the over 65 or surviving spouse deduction, you will receive a reduction in your home's assessed value of $14,000 or half the assessed value, whichever is less. The lower the assessed value of your home, the smaller your property tax bill.

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.

For pdfFiller’s FAQs

What is Indiana Board of Tax Review Findings and Conclusions?

The Indiana Board of Tax Review Findings and Conclusions are the official determinations made by the board regarding appeals on property tax assessments. They summarize the facts, legal standards, and rationale behind the board's decisions.

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

Any party involved in an appeal regarding property tax assessment in Indiana, including property owners and assessors, may file findings and conclusions with the Indiana Board of Tax Review.

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

To fill out the Indiana Board of Tax Review Findings and Conclusions, parties must provide relevant case details, summarize the arguments presented during the appeal, cite applicable laws and statutes, and specify the requested outcomes. It's essential to ensure all information is accurate and clearly articulated.

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

The purpose of the Indiana Board of Tax Review Findings and Conclusions is to provide a clear and formal record of the board's decision-making process in property tax appeals, ensuring transparency and accountability in the property tax assessment system.

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

The information that must be reported includes the names of the parties involved, case number, relevant statutory provisions, summary of arguments, evidence presented, and the final determination of the board regarding the property tax assessment.