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.
Bill Personal Property Form For Taxes In Suffolk
Category:
State:
Multi-State
County:
Suffolk
Control #:
US-00167
Format:
Word;
Rich Text
Instant download
Description
Form popularity
FAQ
The tax is calculated by multiplying the assessed value of the property by the personal property tax rate of the city or town. Personal property is assessed separately from real estate where it is located.
Massachusetts General Laws Chapter 59, Section 18 It is assessed tax separately from real estate, but is taxed at the same rate. The tax rate for Fiscal Year 2025 was set at $11.15 per thousand dollars of value. Personal Property is taxable in the municipality where it is situated on January 1st of that year.
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.
Massachusetts levies an excise on each vehicle at the rate of $25 per $1,000 of valuation.
How Suffolk County Property Taxes Are Calculated. Your property tax rate is calculated by multiplying your assessed value (from your tax bill) by your total tax rate. Your assessed value is a percentage of your market value.
You can view your tax records in your Individual Online Account. This is the fastest, easiest way to: View, print or download your transcripts.
How do I obtain a copy of my property deed? Property deeds are recorded in the Suffolk County Clerk's Office in Riverhead, NY. The direct phone number is (631) 852-2000.
A: Online order forms from the Suffolk County Clerk can be found at or you can contact the Suffolk County Clerk's office via telephone at 631-852-2000.
Personal Property Tax Rates for 2022 Per $100 of Assessed Value TypeTax RateProrated Boats $1.50 No Cars, Motorcycles, Trucks, and Trailers $4.25 Yes Manufactured Homes $1.11 Yes Recreational Vehicles $1.50 Yes1 more row
