City of Yonkers is Accepting Pre-Payment of Property Taxes
Based on the Governor’s Executive Order of December 22, 2017, the City of Yonkers is accepting pre-payment of City and Westchester County property taxes for 2018. Although pre-payment of property taxes may assist property owners in preserving local property tax deductions impacted by the recently adopted federal tax changes, the City makes no representation as to such deductibility.
THE IRS HAS MADE A DETERMINATION THAT PREPAYMENTS OF ESTIMATED TAXES ARE NOT GOING TO BE DEDUCTIBLE. THE CITY WILL STILL ACCEPT PAYMENTS SHOULD THE IRS’ DETERMINATION NOT REMAIN FINAL.
The City will accept pre-payment of two categories of property taxes:
1: The third and final payment of the 2017-2018 City property tax is due Monday January 8, 2018. Property owners have already received this bill, and may pre-pay prior to December 31st in the normal fashion – whether it be in person by December 29th, by mail postmarked by December 31st, online, or at the City’s Mobile Tax Center.
2: The City will also accept pre-payment of 2018-2019 City and County taxes. Because the final amounts for 2018-2019 City and County taxes are not yet available, we recommend that any pre-payment be based on the amounts billed for 2017-2018. You should look at your 2017-2018 tax bill to see what these amounts were. Any difference between pre-payments and actual amounts due will be reconciled and billed during the normal 2018-2019 tax billing periods. We are not able to accept pre-payment of 2018-2019 property taxes online. The only way to prepay these taxes is in-person, by mail, or at the City’s Mobile Tax Center on December 28th.
Many homeowners have their property taxes paid by banks or other mortgage lenders through an escrow account. If your taxes are paid through an escrow account, we do not recommend making any pre-payments without first contacting your mortgage lender.
If you wish to pre-pay your property taxes, here is how to do so:
In person: Payment may be made at City Hall, 40 South Broadway, Room 108 between the hours of 8:30 a.m. and 4:30 p.m. by close of business on Friday, December 29th.
By mail: Checks should be made out to the City of Yonkers. They must be postmarked by December 31st, 2017, and should be mailed to City of Yonkers, 40 South Broadway, Room 108, Yonkers, NY 10701. Please write “pre-payment 2018” on the check.
At the City Mobile Tax Center: Thursday, December 28th, 2017 the Mayor’s Office of Constituent Services and the City’s Tax Department will be available from 9 a.m. to 7 p.m. at Homefield House located at 911 Saw Mill River Road.
If you have any questions please call 914-377-6138, or extensions x6140, x6141, x6146 or x6137.