Get FL DoR DR-601G 2014

Every new business owning tangible personal property on January 1 must file an initial tax return. In any year the assessed value of your tangible personal property exceeds $25,000, you are required to file a return. Taxpayers who lease, lend or rent property must also file a return.

Florida Tangible Personal Property Tax Tangible Personal Property Tax is an ad valorem tax assessed against the furniture, fixtures and equipment located in businesses and rental property.

Tangible personal property is physical property that can be touched, such as furniture, clothing, and vehicles. It's distinct from the other major class of property, real property (or real estate), in that you can move it from one location to another; real property is permanently attached to a single location.

What is a personal property tax? Since all personal property taxes are state imposed, each jurisdiction may include different types of property in the tax assessment. ... If you own this type of property, the county requires you to file an annual tax return to report the tax you owe.

software" is defined as "personal property," but not as either tangible or in- tangible personal property.46 In the same statutory section, the Florida Sta- tutes define tangible and intangible personal property, whose definitions fail to include "computer software.

Tangible personal property is personal property that can be felt or touched. Tangible personal property in general (not just for businesses) includes furniture, equipment, vehicles, household goods, collectibles, and jewelry. ... Intangible personal property includes securities, bonds, CD's, and other intangible assets.

Tangible personal property is everything other than real estate that is used in a business or rental property. Examples of tangible personal property are computers, furniture, tools, machinery, signs, equipment, leasehold improvements, supplies, and leased equipment.

Possessions other than real estate or buildings. Personal property is movable and includes tangible (appliances, car, furniture, jewelry) and intangible (bonds, right to a benefit, shares or stocks) items whose ownership belongs to the individual. Also called chattels.

Tangible personal property taxes are levied on property that can be moved or touched, such as business equipment, machinery, inventory, and furniture.

Personal property is movable property. It's anything that can be subject to ownership, except land. Real property is immovable property - it's land and anything attached to the land. Normally, a piece of property can be easily classified as either personal property or real property.

Personal property includes vehicles, farm equipment, jewelry, household goods, stocks, and bonds. Personal property is divided into "tangible" and "intangible" forms. Tangible personal property is just that: it has a physical form. ... These include assets such as patents, trademarks, stocks, and bonds.

Tangible property refers to something that you can touch, such as your telephone, computer or car. ... Intangible property is that which has no physical existence and cannot be seen or felt. A stock certificate may be tangible, but it is merely a representation of the property you own.

Possessions other than real estate or buildings. Personal property is movable and includes tangible (appliances, car, furniture, jewelry) and intangible (bonds, right to a benefit, shares or stocks) items whose ownership belongs to the individual. Also called chattels.

"Personal property is divisible into corporeal personal property, which includes movable and tangible things, ...and incorporeal personal property, which consists of such rights as personal annuities, stocks, shares, patents and copyrights." Usually contrasted with real property.

Florida, the sunshine state, the income tax free state! Floridians are not required to pay state income taxes on personal income. Florida residents are still required to file a federal income tax return by April 15.