- 1). Identify the calendar days covered by the tax bill, regardless of what the tax is on.
- 2). Divide the bill by the number of days covered. If the tax bill is $10,000, the answer is $27.40 ($10,000/365). This is the daily fee associated with the tax bill.
- 3). Determine the prorated amount. This is determined by the number of days you need to calculate. For example, if you need to calculate the amount for 3 months or 60 days, the calculation would be the number of days times the daily tax rate. In this example, the answer is $1,643.84.
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