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Tax Proration Calculator

Split property taxes fairly at closing — daily, monthly, or yearly

Enter tax amount, tax period, and closing date to calculate exact proration. All inputs validated.

$100–$100,000 per year
Most common: calendar year
First day of tax period
Last day of tax period
Date buyer takes ownership
Daily is most accurate
Standard: seller pays up to closing

Enter your details to calculate tax proration

Common proration methods used in real estate closings.

Daily Proration

Divides tax by 365 (or 366 in leap year)

Most accurate

Example: $4,800 ÷ 365 = $13.15/day

Monthly Proration

Divides tax by 12, then by 30

Common in some states

Example: $4,800 ÷ 12 ÷ 30 = $13.33/day

Yearly Split

Seller pays full year if closing before July 1

Used in rare cases

Standard Practice: Seller credits buyer for taxes from closing date to end of period

Tax Proration Calculator: Fair Split at Closing

Avoid disputes with our Tax Proration Calculator. Instantly calculate how property taxes are split between buyer and seller based on closing date, tax period, and local method.

"Precision in proration prevents problems at closing." — Title Company Wisdom

How the Tax Proration Calculator Works

The Tax Proration Calculator uses:

Daily Rate = Annual Tax ÷ Days in Period
Seller Share = Daily Rate × Days Owned
Buyer Share = Daily Rate × Days Remaining

  • Calendar Year: Jan 1 – Dec 31
  • Fiscal Year: Jul 1 – Jun 30
  • Custom: Any 12-month period

Key Results from the Tax Proration Calculator

You’ll see:

  • Seller Credit: Amount buyer credits seller (or vice versa)
  • Daily Rate: Exact per-day tax amount
  • Days Each Party Owns: Clear breakdown
  • Method Used: Daily, monthly, or yearly

Why Use This Tax Proration Calculator?

Perfect for real estate agents, title companies, attorneys, and investors who need:

  • Instant accuracy in seconds
  • Realistic validation (no $1 taxes)
  • Multiple methods — daily, monthly, yearly
  • Custom periods for fiscal years
  • Mobile-ready for closing table use

Real Tax Proration Examples

  • June 15 Closing: $4,800 tax, calendar year → Seller owes 166 days → $2,180 credit to buyer
  • Aug 1 Closing (Fiscal): $6,000 tax → Seller owns 31 days → $508 credit
  • Monthly Method: $5,400 tax → $450/month → 7 months to buyer

Get Started with the Tax Proration Calculator

  1. Get Tax Bill: From county assessor or seller
  2. Confirm Period: Calendar, fiscal, or custom
  3. Enter Closing Date: From purchase agreement
  4. Choose Method: Check HUD-1 or local custom
  5. Calculate & Settle: Fair split, no surprises

Calculate Tax Proration Now

The Tax Proration Calculator ensures fairness and accuracy. Enter your details and close with confidence.

Run Your Tax Proration Calculator