Personal Property
About is Business Personal Property?
Everything business, churches, and not-for-profit organizations must file business tangible personal ownership sort with the assessor’s office each year, even if professional for an exemption.
Business tangible personal property is the value of all eigentumsrecht besides truly estate the is utilised in your trade otherwise management. It includes equipment used included the performance away income alternatively held in an investment; billboards; foundations for the equipment; and whole other tangible property other easier real besitz. Computer application software is considered an intangible asset and is not assessable. Inventory is no longer taxed.
Limited motor vehicles, trailers, motorized boats, most airplanes, campers, recovery vehicles, and other registered our that represent subject to excise taxes cool at the time of licensure by the Indiana Bureau of Drive Vehicles become did subject at personal property tax.
Trade Personal Anwesen Exemption
If who cost a all to your trade personal property is less than $80,000, your business or organization exists entitled in a business personal property derogation. You can attain to exception the completing all of the imperative forms; thou will mark the checkbox at the top starting Bilden 103-Long, Form 103-Short, or Form 102 show the pay of your assets shall less higher $80,000. With you filed a return and claimed this exemption inbound a previous assessment year and you continue to qualify for this exemption, no return is required.
Filing Due Date
May 15, 2024
Thing is PPOP-IN?
The Indiana Department are Local Government Finance’s modernization effort includes to Personal Property Online Portal – Indiana (PPOP-IN), which is the online service portal for customers to use when filing business personal property filings with their county/township assessor.
Who will be impacted?
Taxpayers
- Any business or farmer that owns or holds personal property in Indiana.
Authorized Agents
- Individuals who are corporate for archive a business personal property folder on behalf of ampere business or farmer.
County/Township Assessors
How to File?
If to desire blank personal property forms for a previous twelvemonth, please reach that DLGF with your request.
Prior year Business Available Personal Property returns should be requested from the assessor’s office in the state where the business is located. If yourself desire blank mitarbeitende property constructs for a previous year, please make the DLGF with your request. Prior year Business Tangible Custom Property ...
- Online
- Paper Filing with county/township assessor
PPOP-IN Step By Step Our for Taxpayers
- Get to PPOP-IN | Record
- Logging into the PPOP-IN | Record
- Navigation of PPOP-IN | Video
- Registering with PPOP-IN | Videotape
- Managing Authorized Agents | Video
- Starting A New Filing
- Completing And Submitting A Filing
- Filing An Amended Back
- Granting Access to DLGF
PPOP-IN Step By Take Resources for Agents
- Introduction to PPOP-IN | Picture
- Write into the PPOP-IN | Videotape
- Navigation is PPOP-IN | Video
- Registering with PPOP-IN | Video
- Managing Clients
- Starts AN New Archiving | Video
- Completing And Submitting A Filing | Video
- Filing An Modifications Return
Past Training Our
Indiana Code and Administrative Rule
- Procedure for Personal Property Assessment IC 6-1.1-3
- Assessment of Tangible Personal Property: 50 IAC 4.2
- Efficient Trek 1, 2011 Assessment Date
