DC: Income and Expense Forms Due on April 15 for Commercial & Multi-Family Properties

Income Expenses Files Show Budgeting And BookkeepingDC’s Office of Tax and Revenue (OTR) uses the income analysis approach (among others) to determine the assessed value of commercial and multi-family real estate. It is important to remember the April 15 deadline for the filing of the appropriate income and expense form. The filing can be done on-line at http://otr/cfo.dc.gov. Select the Forms tab, then Real Property Tax Forms and Publications, then select the I&E report tab and select the form to complete. Alternatively, you can file a paper copy by mailing it certified mail to:

Real Property Assessment Division
Income and Expense Reporting
P.O. Box 71440
Washington, DC 20024

Or delivering by hand to:

OTR Customer Service Center
1101 4th St SW
Suite W270
Washington, DC 20024.

Be sure to note the Square/Suffix/Lot number. Failure to file by April 15 can result in a penalty in the amount of 10% of the tax bill. For information, contact Anthony Daniels at (202) 442-6794 or at anthony.daniels@dc.gov.