FORT WALTON BEACH — April 30 is the deadline for property owners to apply for an Okaloosa County tax payment installment plan. Installment plans split the cost into four payments in a one-year period instead of a lump sum.
Taxpayers must complete and submit an application by the deadline to participate. The form is available from tax collector's offices or the "Form Center" section of www.OkaloosaTax.com.
Taxpayers can pay at 302 N. Wilson St., Suite 101, Crestview, or online with E-check and no bank charge fees.
Annual renewal of the installment plan is automatic as long as the June payment posts each year. Payments will apply to next year's taxes, based on an estimated tax equal to the previous year’s actual taxes.
Delinquent installment payments must be paid in full with the next installment. Any amount remaining unpaid on April 1 of the following year is delinquent.
Installment due dates and costs
●First installment, June 30, one quarter of the total estimated taxes, discounted 6 percent.
●Second installment, Sept. 30, one quarter of the total estimated taxes, discounted 4.5 percent.
●Third installment, Dec. 31, one quarter of the total estimated taxes, plus half of any adjustment for actual tax liability, discounted 3 percent.
●Fourth installment, March 31, one quarter of the estimated taxes plus the balance of any adjustment for actual tax liability.