Get La Lat 5a 2022

Filling out the LA LAT 5A form is a crucial step for taxpayers seeking tax exemptions on personal property. This guide provides a clear, step-by-step approach to help you navigate the online completion of this form effectively.

Follow the steps to complete the LA LAT 5A efficiently.

1. Click ‘Get Form’ button to obtain the form and open it in your editor.
2. Provide your name and address, indicating any changes as may be necessary. This section is essential for proper identification and communication.
3. Fill in the property location, including the E911 or physical address where the property is situated.
4. Enter the name of the business, along with the owner or contact person's details, including phone number and email address.
5. Complete the assessment number and type of business fields to provide specific details regarding your business classification.
6. In Section 1, for buildings, list the year of acquisition, contract number, exemption applicable, and acquisition cost. Also, indicate the amount of exemption and the difference that is subject to tax.
7. Section 2 requires you to group machinery and equipment by year of acquisition. For each entry, fill out the year, contract number, exemption, acquisition cost, description, amount of exemption, and difference subject to tax.
8. In Section 3 for furniture and fixtures, similarly, group items by year of acquisition and provide the necessary details regarding each item's valuation.
9. Section 4 pertains to consigned goods and rented equipment. Provide the name and address, property description, monthly rental fee, age, present-day selling price, and fair market value.
10. Review all entries for accuracy. Once confirmed, you can save your changes, download, print, or share the completed form.

Complete your LA LAT 5A form online today for a seamless tax exemption application.