Free Tool
Property Tax Proration Splitter
Calculate exact tax prorations for any closing date with state-specific rules.
Proration Inputs
Tax Year Timeline
Jan 1, 2026Dec 31, 2026
Closing
Seller — 268 daysBuyer — 97 days
Daily Tax Rate
$11.51
365 days in period
Seller's Share
$3,083.84
268 days
Buyer's Share
$1,116.16
97 days
Total Tax
$4,200.00
Annual amount
Settlement Statement Line Item
Credit to Buyer: $3,083.84
Tax proration — taxes in arrears
The seller owned the property for 268 days of the tax year. Since taxes are paid in arrears, the seller has not yet paid for their portion. The buyer receives a credit of $3,083.84 at closing to cover the seller's unpaid share.