Do I still have to file my listing if I have not recently purchased or sold any assets?

Yes, even if your listing has not
changed at all from the previous year you still need to file a listing with our
office by April 30th each year. If a listing is late, it will be penalized 5% each month it is late up to 25% on your tax bill. 

Failure to file a listing entirely will result in an “Assumed Increase in Value” line. As well as the 25% penalty. 

Show All Answers

1. What is the notice I received regarding Personal Property?
2. How do I complete a personal property listing?
3. What is considered a personal property asset?
4. How can I submit my completed listing?
5. Am I being double taxed on my equipment?
6. What if I bought the equipment used or if it is extremely old?
7. I am a farm account; doesn’t that mean I am exempt from personal property tax?
8. Is there a way to file my personal property listing online?
9. Do I still have to file my listing if I have not recently purchased or sold any assets?