This form is a simple model for a bill of sale for personal property used in connection with a business enterprise. Adapt to fit your circumstances.
Personal Property Business Form With Two Points In Phoenix
Category:
State:
Multi-State
City:
Phoenix
Control #:
US-00167
Format:
Word;
Rich Text
Instant download
Description
Form popularity
FAQ
This exemption amount is determined annually by the Arizona Department of Revenue per A.R.S. § 42-11127(C). Note: the Statutory Exemption is $248,691 in 2024.
Arizona taxable personal property within the Assessors' office falls into two divisions, Business/Agricultural and Manufactured Housing. Business/Agriculture examples are: industrial equipment, office furniture and fixtures, leased machinery or equipment and farm machinery.
2024 Arizona state income tax rates and tax brackets Arizona has a flat income tax rate of 2.5%. This rate applies to taxable income earned in 2024, which is reported on 2025 state tax returns.
The personal exemption for tax year 2024 remains at 0, as it was for 2023. This elimination of the personal exemption was a provision in the Tax Cuts and Jobs Act.
Qualifications. Age: At least one property owner must be the minimum qualifying age of 65 at the time of application. Residence: The property must be the owner(s) primary residence. A "primary" residence is that residence which is occupied by the property owner(s) for an aggregate of nine months of the calendar year.
Property taxes in Arizona are imposed on both real and personal property.
The state of Arizona has relatively low property tax rates, thanks in part to a law that caps the total tax rate on owner-occupied homes. The average effective tax rate in the state is 0.51%, which is well below the 0.99% national average. Not in Arizona?
Arizona allows a $4,748 Assessed Value property exemption to Arizona resident property owners qualifying as a widow/widower, or a person with total and permanent disability, or a veteran with a service or non-service connected disability.
To qualify for the property tax credit, you must have lived in Arizona for the whole year. Check "Yes" if you were a resident of Arizona for the whole year (from January 1, 2023, to December 31, 2023). Arizona. Your unit was your main home during 2023.
Age: At least one property owner must be the minimum qualifying age of 65 at the time of application. Residence: The property must be the owner(s) primary residence.
