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 Revenue Ky GovForms62A500 WCommonwealth of Kentucky TANGIBLE PERSONAL T PROPERTY TAX 2021

Ky Tax 2021-2025 Form

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Video instructions and help with filling out and completing Revenue ky govForms62A500 WCommonwealth Of Kentucky TANGIBLE PERSONAL T PROPERTY TAX

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Instructions and help about ky 62a500 form

hi friends happy Monday first time home buyers always want to know what is personal property tax your city or county forever they will tax you a certain dollar amount for every 100 of the value of your property if your property is assessed at three hundred thousand dollars you divide that by 100 and then you multiply that by your tax rate uh in the city of Richmond it's about a dollar twenty for every one hundred dollars of your value in the county Henrico County it's about 87 cents in Chesterfield County I think it's about 92 cents um Richmond has a very low tax rate the national average is 99 Cents for every 100 of your assessed value in some place like Trenton New Jersey I think it's like five dollars and 45 cents for every hundred dollars so we have a relatively low property tax rate here um I hope that explanation helps reach out if there's anything I can do thanks

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