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Date Received: ___205 S. NINTH STREET POST OFFICE BOX 258 ESTONIA, NEW MEXICO 87016 PHONE (505) 5444300 FAX (505) 3844362 www.torrancecountynm.orgESTIMATED PROPERTY TAX LEVY INFORMATION ___has requested
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How to fill out estimated property tax levy
How to fill out estimated property tax levy
01
Obtain the estimated property tax levy form from the local tax authority.
02
Fill out the property information section including the address, parcel number, and owner's name.
03
Provide details on the assessed value of the property and any exemptions that may apply.
04
Calculate the estimated tax levy by multiplying the assessed value by the tax rate provided by the local tax authority.
05
Submit the completed form to the tax authority by the specified deadline.
Who needs estimated property tax levy?
01
Property owners who want to understand how much they will owe in property taxes.
02
Real estate investors who need to factor property taxes into their financial planning.
03
Local government agencies that use the information for budgeting and planning purposes.
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What is estimated property tax levy?
The estimated property tax levy is the amount of property tax that an individual or business is required to pay based on an estimate of the value of their property.
Who is required to file estimated property tax levy?
Every property owner is required to file an estimated property tax levy.
How to fill out estimated property tax levy?
To fill out the estimated property tax levy, property owners must provide information such as the assessed value of their property, the tax rate, and any exemptions or deductions they may be eligible for.
What is the purpose of estimated property tax levy?
The purpose of the estimated property tax levy is to ensure that property owners pay their fair share of property taxes to fund essential services provided by local governments.
What information must be reported on estimated property tax levy?
Property owners must report the assessed value of their property, any exemptions or deductions they may be eligible for, and the tax rate in effect for their property.
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