Form I.S. Initial Statement of Organization Claiming Property Tax Exemption - New Jersey

What Is Form I.S.?

This is a legal form that was released by the New Jersey Department of the Treasury - a government authority operating within New Jersey. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form I.S.?A: Form I.S. is the Initial Statement of Organization Claiming Property Tax Exemption for properties in New Jersey.

Q: Who needs to file Form I.S.?A: Property owners in New Jersey who are claiming a property tax exemption need to file Form I.S.

Q: What is the purpose of Form I.S.?A: The purpose of Form I.S. is to provide information about the organization claiming the property tax exemption.

Q: What information is required on Form I.S.?A: Form I.S. requires information about the organization's name, address, type of organization, and purpose.

Q: When is the deadline to file Form I.S.?A: Form I.S. must be filed on or before April 1st of the year for which the exemption is claimed.

Q: Are there any fees associated with filing Form I.S.?A: No, there are no fees associated with filing Form I.S.

Q: What happens after filing Form I.S.?A: After filing Form I.S., the tax assessor will review the application and determine if the organization is eligible for the property tax exemption.

Q: How long is the property tax exemption valid?A: Once approved, the property tax exemption is valid for as long as the organization is qualified to receive the exemption.

Q: Can I appeal the decision if my Form I.S. is denied?A: Yes, if your Form I.S. is denied, you have the right to appeal the decision to the county tax board.