This form is a contract for the lease of personal property. The lessor demises and leases to the lessee and the lessee takes and rents from the lessor certain personal property described in Exhibit "A".
Personal Property Statement With Replacement Cost In King
Category:
State:
Multi-State
County:
King
Control #:
US-00123
Format:
Word;
Rich Text
Instant download
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FAQ
Where to Report Personal Property on Your Taxes. Claim the itemized deduction on Schedule A – State and local personal property taxes (Line 5c). Taxes you deduct elsewhere on your return — like for a home office or rental — don't qualify for this deduction.
Personal property depends on a surprisingly simple test: Can you physically move it? The outcome of that test determines the distinction between real property and personal property, which in turn has real implications for taxation.
Qualify for Personal Property Tax Relief Per the Code of Virginia §58.1-3524, personal property tax relief (PPTR) gives tax relief on the taxes due for the first $20,000 in assessed value on qualified personal vehicles. No relief is given on any assessment amounts over $20,000.
The 2024 tax rate for personal property in King George County is set at $3.25 per $100 of the assessed value.
At least 61 years of age or older. Retired from regular gainful employment due to a disability. Veteran of the armed forces of the United States receiving compensation from the United States Department of Veterans Affairs at one of the following: Combined service-connected evaluation rating of 80% or higher.
Deductible personal property taxes are those based only on the value of personal property such as a boat or car. The tax must be charged to you on a yearly basis, even if it's collected more than once a year or less than once a year.
Request a Tax Statement For tax statements showing prior year(s) unpaid taxes, call 206-263-2890 for REAL property, 206-263-2844 for PERSONAL property, or go to Kingcounty/propertytax for amounts due on prior years.
What is personal property insurance? Personal property coverage can cover your belongings such as furniture, clothing, sporting goods or electronics in the event of a covered loss. You can protect what you own whether items get damaged at your home, an apartment or anywhere in the world.
HOW TO OBTAIN YOUR COPY. The Treasurer and Tax Collector mails Annual Unsecured Property Tax Bills between March 1 and June 30 of each year. If you do not receive your Unsecured Property Tax Bill by July 15, you may email us at unsecuredpayments@ttc.lacounty.
Request a Tax Statement For tax statements showing prior year(s) unpaid taxes, call 206-263-2890 for REAL property, 206-263-2844 for PERSONAL property, or go to Kingcounty/propertytax for amounts due on prior years.
More info
List the total purchase cost of your personal property assets, excluding sales tax. Be sure to include your parcel or account number in the email.Welcome to e-filing! Download PDF BOE-571-L REV. Review the following resources:​​ For personal property tax assistance call . Can I request an extension for filing my personal property statement? No, the statutory deadline for personal property filings is February 20. Leasing companies are not eligible to file Form 5278 and must complete this form. There is no cost to you for electronic check (eCheck) payments. Of property tax appeals, and taxpayers with guidelines to value personal property of typical businesses; and.