Prepayment of Property Taxes
2018 property tax prepayment frequently asked questions
Due to recent federal income tax law changes, many taxpayers are choosing to prepay their 2018 property taxes. If you would like to do so, please read the frequently asked questions below before making your payment:
What forms of payment are accepted?
Prepayments may be made via check, cash or online. Indicate in the memo line “2018 Prepayment” and your PIN number(s) or your payment will be returned.
What amount can I prepay?
You may prepay any amount. Payments in excess of your 2018 taxes may be refunded back to you. If you would like excess amounts to be applied to future years, please indicate that with your payment.
What if I pay too little?
Check your Tax Statement in March for any balance owed and be sure to pay by the applicable due date or penalty will be accrued.
What if I want a refund on my prepayment later?
Refunds will not be issued on any prepayments.
I have an escrow account and I want to prepay my taxes. Do I need to do anything else?
We recommend you contact your escrow company to determine how this will affect your escrow or if any additional steps will need to be taken if you choose to prepay your property taxes.
What is the deadline for making a prepayment?
The deadline to prepay in person or drop box is noon on Dec. 30. Postmark dates will not be honored.
The deadline to pay online is 11:59 p.m. on Dec. 31. (Note: This is an update from the previously announced deadline of 11:59 p.m. on Dec. 30.)
Minnesota statutes govern the property tax assessment process for all Minnesota counties. Ramsey County cannot provide advice on whether 2018 property tax prepayments will ultimately be deductible. Property owners should consult with a professional income tax preparer on questions regarding how prepayments will affect their income tax return.
If you have additional questions regarding prepayments, please contact 651-266-2000.