Get F O R M 762 Virginia 2013 Return Of Tangible Personal Property, Machinery And Tools, And Merchants

Filling out the F O R M 762 is an essential task for accurately reporting tangible personal property, machinery, tools, and merchants’ capital. This guide will provide a step-by-step approach to assist users in completing the form efficiently online.

Follow the steps to fill out the form accurately.

1. Click ‘Get Form’ button to obtain the form and open it in the editor.
2. Begin by entering your name in the designated field. Next, provide your social security number or Federal Employer Identification Number (FEIN). If applicable, add your partner’s name and their social security number.
3. Complete the address section by inputting your complete address, including the county or city, state, and ZIP code.
4. In Part I, start by listing your tangible personal property. Indicate whether you have any motor vehicles for business use, specifying 'yes' or 'no', and fill in details such as the vehicle year, model, number of cylinders, date acquired, number owned, air conditioning status, and fair market value.
5. Continue with additional categories under Part I, providing specific details for manufactured homes, boats, aircraft, heavy construction machinery, business furniture, and other items as required.
6. Move on to Part II to report machinery and tools. List the date acquired, original cost, and the values as listed by you and the Commissioner of the Revenue.
7. In Part III, declare your merchants' capital by providing inventory details and total taxable capital as instructed.
8. For Part IV, total up any other tangible personal property not previously specified and calculate the final total by summing the relevant lines.
9. Review all filled sections for accuracy. Add any notes or comments in the designated area if needed.
10. Finish the form by providing your declaration as the taxpayer, including your signature, date, and phone number. Finally, save your changes, and consider downloading or printing the form for your records.

Complete your forms online today for a smoother filing experience.