Cook County homeowners rush to prepay 2018 taxes
Dec 28, 2017 01:13PM ● Published by Editor
By Joe Friedrichs from WTIP Radio News - December 29, 2017
The Cook County Auditor-Treasurer’s Office has been a busy place this week as local homeowners rush to pay their property taxes before 2018 arrives.
The surge to the county courthouse is largely a result of a new federal tax law that will cap the annual state and local tax deduction for Minnesota taxpayers at $10,000.
Cook County Auditor-Treasurer Braidy Powers told WTIP his office received 200 calls in the last couple of days for information on paying 2018 taxes in 2017.
“We’ve probably received 90 or more prepayments through yesterday,” Powers said on Thursday, Dec. 28. “People should know that we have not assessed 2018 taxes yet. We don’t do that until March 2018. So people are paying estimates of 2018 taxes. Most of them are using the Truth-in-Taxation statement for their estimate.”
Powers also noted the fact “people can’t make a prepayment of 2018 taxes through (the county’s) website. The site won’t allow prepayments. But they can come to the auditor’s office or call us and we can help them make a credit card or debit card payment over the counter.”
WTIP’s Joe Friedrichs spoke with Powers about the surge of property owners in Cook County looking to pay their taxes before Jan. 1. Follow this link to listen to the report on the WTIP website.