Blank Ohio Dte 24 Template

What is the DTE 24 form in Ohio?

The DTE 24 form is an application used in Ohio for seeking real property tax exemption and remission under specific tax incentive programs. It requires information regarding the property, ownership, and the basis for exemption per the Ohio Revised Code (R.C.). The form must be filed with the county auditor in the county where the property is located.

Who needs to file the DTE 24 form?

Property owners or their representatives who are seeking a tax exemption for their real property under eligible tax incentive programs need to file the DTE 24 form. This includes those applying for Tax Increment Financing exemptions or other specified sections of the Ohio Revised Code related to property tax incentives.

When is the DTE 24 form due?

The deadline to file the DTE 24 form with the county auditor is December 31 of the year for which the exemption is sought. It's important to submit the application on time to qualify for the exemption for that tax year.

What documents must be attached to the DTE 24 form?

Along with the completed form, applicants must attach a copy of the property record card (which can be obtained from the county auditor), the resolution or ordinance from the subdivision granting the incentive, the applicant’s incentive agreement with the subdivision, and if required, the school district's approval. For Tax Increment Financing exemptions, a DTE form 24P may also need to be attached if the application is filed by the political subdivision with the owner’s consent.

How many copies of the DTE 24 form should be submitted?

Applicants are required to submit three copies of the DTE 24 form to the county auditor’s office. It's also recommended to keep a copy for personal records.

What happens if the form is not signed?

If the DTE 24 form is not signed by the property owner or the owner’s authorized representative, it will not be processed. A signature attests to the accuracy and completeness of the application under penalty of perjury.

What if more space is needed to answer questions on the form?

If additional space is needed to thoroughly answer any questions on the DTE 24 form, applicants can use additional sheets of paper. Be sure to indicate clearly which question each additional sheet references.

Can exemptions under the DTE 24 form affect future property owners?

Yes, exemptions, particularly those involving service payments in lieu of taxes as part of Tax Increment Financing, are binding on future owners. If a notice is filed with the county recorder by either the political subdivision or the property owner after the tax commissioner approves the application, future owners are also obligated to these terms unless a subsequent exemption is consented in writing.

What role does the county treasurer play in the application process?

The county treasurer must complete a certificate as part of the application, verifying that all taxes, special assessments, penalties, and interest levied and assessed against the property have been paid in full up to and including a specified tax year. Failure to obtain or properly fill this certificate will result in the application being dismissed.

Where should the DTE 24 form and accompanying documents be sent?

Two copies of the completed application, along with the required attachments, should be sent to the Ohio Department of Taxation, Tax Equalization Division, at the address provided in the form instructions. One copy is to be kept with the county auditor.

Filling out the Ohio DTE 24 form, a crucial document for applying for real property tax exemption and remission, can be fraught with pitfalls if not handled with care. Common mistakes can delay or even derail the quest for tax incentives. Here are four frequently encountered errors:

1. Not submitting the requisite number of copies: The application process demands that three copies of the form be submitted to the county auditor's office. Overlooking this requirement can lead to unnecessary delays. Remember, keeping a copy for personal records is equally important as it ensures that there's a backup in case of any discrepancies or inquiries down the line.

2. Incomplete signatures: Every application requires a signature from the property owner or an authorized representative. Skipping this vital step is a common misstep that renders the application incomplete. Signatures serve as a confirmation that the information provided is accurate and complete to the best of the applicant's knowledge, and overlooking this can invalidate the entire application.

3. Omitting necessary attachments: The requirement to attach a copy of the property record card and, if applicable, the resolution or ordinance of the subdivision granting the incentive, is often missed. These documents are critical as they provide the county auditor and the tax commissioner with essential details about the property and the nature of the tax incentive being sought.

4. Failure to provide comprehensive details: Whether it's neglecting to complete all fields or not offering enough detail in responses, underestimating the importance of thorough information can be detrimental. The form explicitly instructs applicants to use additional sheets if more space is needed to clarify details. This ensures that the application is as informative as necessary, facilitating a smoother review process.

By avoiding these common errors, applicants can significantly enhance the likelihood of a successful tax exemption or remission application. Attention to detail, thoroughness, and adherence to guidelines are the pillars of a well-prepared Ohio DTE 24 form submission.

When working with the Ohio DTE 24 form, which is an application for real property tax exemption and remission, it's common to need additional forms and documents to complete the process. Understanding what these documents are and their purpose can make the application process smoother and more efficient.

• Property Record Card: This document, obtained from the county auditor, provides detailed information about the property in question, including its assessment history, property characteristics, and any improvements.
• DTE Form 24P (Power of Attorney): Required if the application is being signed by a political subdivision with the property owner's consent. It grants the authority to act on the property owner's behalf.
• Copy of the Resolution or Ordinance: This is the official document from the local governmental subdivision granting the tax incentive or exemption. It outlines the terms and conditions agreed upon.
• School District Approval: In some cases, approval from the local school district may be required. This document shows that the school district is aware of and consents to the tax exemption.
• Treasurer’s Certificate: A required part of the DTE 24 application, it confirms that all taxes, special assessments, penalties, and interest due on the property have been paid.
• Application for Current Agricultural Use Valuation (CAUV) Form: If the property was previously valued under the CAUV program, this form might be needed to show its valuation history and potential changes in use.
• Legal Description of the Property: This is a detailed description of the property boundaries and is necessary to ensure accurate identification of the property in question.
• Title or Deed: This provides proof of ownership and the transfer history of the property. It is crucial for verifying the applicant’s right to apply for tax exemption.

Each of these documents plays an essential role in the application process for a real property tax exemption and remission in Ohio. By gathering these documents early in the process, applicants can help ensure their application is complete and processed without unnecessary delays.

The Ohio DTE 24 form, used for applying for real property tax exemption and remission, bears similarities to several other documents within the realm of property tax management and incentive applications. One such document is the Application for Property Tax Exemption (often found in different variations depending on the state), which also serves property owners looking to reduce or eliminate their property tax obligation based on specific criteria or usage of the property. Both applications require detailed information about the property, ownership, and justification for tax exemption, emphasizing the need for accuracy and completeness to support the request for tax benefits.

Another document akin to the Ohio DTE 24 form is the Tax Increment Financing (TIF) Application. TIF is a public financing method used as a subsidy for redevelopment, infrastructure, and other community-improvement projects. Similar to sections of the Ohio DTE 24 that cover tax increment financing exemptions, a TIF application requires details about the project, expected benefits, and often an agreement on making service payments in lieu of taxes. Both documents are instrumental in initiating tax-related incentives that support property development and improvement projects within a community.

Also closely related is the Community Reinvestment Area (CRA) Application, which, like the Ohio DTE 24, is used in Ohio to promote property improvement and economic development in designated areas. Applicants seeking tax incentives under the CRA program must provide information similar to that required on the DTE 24, including property details, the nature of the improvements planned, and the anticipated impact on the community. Both forms are critical tools in the process of applying for property tax incentives that encourage investment in Ohio communities.

The Historic Preservation Tax Credit Application shares objectives similar to certain aspects of the Ohio DTE 24 form, particularly when tax exemptions are requested under sections related to revitalization and community improvement. This application focuses on providing tax credits for the preservation and rehabilitation of historic buildings, requiring detailed documentation of the property's historic significance, proposed restoration plans, and expected benefits. Both applications underscore the importance of preserving valuable characteristics of properties while offering tax-based incentives to support such efforts.

Lastly, the Agricultural Use Valuation (CAUV) Application, like the Ohio DTE 24, involves property tax relief but focuses specifically on land used for agricultural purposes. It requires property owners to furnish information about the use of their land, types of crops or livestock, and other relevant agricultural activities to qualify for lower valuation and taxation. Though the CAUV application targets a different audience, the fundamental principle of providing tax incentives for specific uses of property links these two documents closely together, emphasizing the role of tax policy in promoting beneficial land use.

When completing the Ohio DTE 24 form, a precise approach is essential for seeking real property tax exemption and remission. Given its importance, there are several do's and don'ts that applicants must follow to ensure the process goes smoothly.

Do:

1. Submit three copies of this application to the county auditor's office where the property is located, and keep a copy for your own records.

2. Ensure both the county auditor’s finding and the treasurer’s certificate sections of the application are completed. Contact your county auditor for the necessary procedure to obtain the treasurer's certificate.

3. Enclose a copy of the property record card with your application. This can be obtained from the county auditor's office.

4. Answer all questions on the form thoroughly. If the space provided is insufficient, attach additional sheets indicating which question you are continuing.

5. Make sure the application is signed by either the property owner or the property owner's authorized representative.

6. If requesting an exemption under specific sections of the Ohio Revised Code related to Tax Increment Financing exemptions, follow the special instructions provided for such cases.

7. Ensure that the information supplied by you is complete and accurate, especially the details regarding tax status, special assessments, penalties, and interest, as reflected by the treasurer's certificate.

Don't:

1. Delay the submission of your application. Remember, the final deadline for filing with the county auditor is December 31 of the year for which exemption is sought.

2. Omit any documentation that supports your application, including the property record card, resolution, ordinance, or the tax increment financing agreement.

3. Leave any question unanswered. Incomplete applications can result in delays or denials of tax exemption requests.

4. Forget to check the accuracy and completeness of the treasurer’s certificate regarding payment status for taxes, special assessments, penalties, and interest.

5. Submit the application without ensuring it is signed correctly. An unauthorized signature can invalidate your application.

6. Ignore the instructions for tax increment financing exemptions if they are relevant to your request. These have special considerations and requirements that must be followed.

7. Fail to provide contact information where notices concerning the application should be sent. This is crucial for any correspondence or inquiries.

Adhering strictly to these guidelines can significantly enhance the chances of having your Ohio DTE 24 form processed efficiently and successfully.

When dealing with the Ohio DTE 24 form, several misconceptions can lead to confusion. Understanding these misconceptions is vital for property owners and representatives to navigate the tax exemption and remission process effectively. Here are 8 common misconceptions and clarifications:

• Submission to the Ohio Department of Taxation is sufficient: A common mistake is believing that submitting the application directly to the Ohio Department of Taxation is enough. However, three copies must first be submitted to the county auditor's office where the property is located.

• Any time of year submission: Another misconception is that the application can be submitted at any time during the year. The correct protocol requires the application to be filed with the county auditor by December 31 of the year for which the exemption is sought.

• Completing the form is optional: It’s erroneously believed that not all sections of the form need to be completed. In reality, applicants must answer all questions, providing additional sheets if necessary to explain details fully.

• Signature requirements are flexible: Some think that anyone can sign the application. However, it must be signed by the property owner or the property owner’s representative. In certain cases involving Tax Increment Financing Exemptions, a political subdivision may sign under specified conditions.

• Service payments are negotiable after approval: There's a belief that service payments in lieu of taxes can be renegotiated or are not binding on future owners. These payments remain in effect for the term of the exemption and are binding on future owners unless the political subdivision consents in writing to a subsequent exemption.

• The county treasurer’s role is minor: Underestimating the importance of the county treasurer's certificate is common. The treasurer's certificate must be completed accurately, reflecting the tax payment status, for the application to proceed.

• Assistance is unnecessary: Some applicants assume they can complete the form without help. However, the form encourages contacting the county auditor if assistance is needed, highlighting the complexity of correctly completing the application.

• Any property record will suffice: It's mistakenly thought that applicants can submit any documentation regarding the property. The specific requirement is to obtain and enclose a copy of the property record card from the county auditor.

Addressing these misconceptions ensures that the application process for a tax incentive program via the DTE 24 form is approached accurately and effectively, improving the likelihood of successful property tax exemption or remission.

Filling out the Ohio DTE 24 form correctly is crucial for those seeking real property tax exemptions or remission under various incentive programs in Ohio. Here are key takeaways to guide applicants through the process:

• Applicants must submit three copies of the DTE 24 application to the county auditor's office where the property is located, retaining a copy for their own records.
• The deadline for filing the application with the county auditor is December 31 of the year for which the exemption is sought.
• It's important to involve both the county auditor and the treasurer early in the process, as the application requires completion and certification from both offices.
• Ensuring the accuracy of the information provided by the county auditor and treasurer on the property's tax, special assessments, penalties, and interest status is the responsibility of the applicant.
• Complete the application thoroughly, answering all questions. Attach additional sheets if necessary, clearly indicating which question each sheet is addressing.
• The application must be signed by the property owner or the owner's representative. Special conditions apply for Tax Increment Financing (TIF) Exemptions, which may allow for signatures from political subdivisions under certain conditions.
• Service payments in lieu of taxes, as part of TIF exemptions, are binding on future owners unless a subsequent exemption is consented to by the political subdivision.
• Documentation to include with the application: a copy of the property's record card, the incentive resolution or ordinance, school district approval if required, and, for TIF requests, the appropriate DTE form 24P.
• Incorrect or incomplete applications, especially concerning the treasurer’s certificate, may lead to dismissal due to the tax commissioner's lack of jurisdiction.
• The current tax status of the property, including any exemptions or CAUV status (Current Agricultural Use Valuation), should be accurately reflected and will influence the auditor's recommendation on the application.

Adherence to these guidelines ensures that the application process is executed smoothly, minimizing the chances of delays or rejections by providing complete and accurate information from the outset.