Bill Personal Property Form With Tax In Suffolk

State:
Multi-State
County:
Suffolk
Control #:
US-00167
Format:
Word; 
Rich Text
Instant download

Description

The Bill Personal Property Form with Tax in Suffolk is a legal document used primarily for the sale of personal property related to a business transaction. This form includes critical information such as the price, seller, and buyer details, and specifies the personal property being sold, including furniture, equipment, inventory, and supplies. The document is structured to ensure that the property is sold 'as is,' meaning the buyer accepts the property without any warranties from the seller. Filling out this form involves entering the necessary details, including the purchase amount and the date of the transaction. After completion, the document requires notarization for legal validity. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants engaged in business transactions, as it formalizes the sale and protects the interests of the parties involved. Specific use cases include property transfer during business sales, liquidation of assets, or ownership transfers among business partners. Users should ensure all sections are accurately completed and that the document is signed in the presence of a notary public to avoid any legal issues.

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FAQ

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

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.

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.

To be eligible for SCHE, you must be 65 or older, earn no more than $58,399 for the last calendar year, and the property must be your primary residence. The exemption must be renewed every two years. Learn more and get answers to frequently asked questions.

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.

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.

Call 311 or 212-NEW-YORK (212-639-9675) to request a copy.

You can view your tax records in your Individual Online Account. This is the fastest, easiest way to: View, print or download your transcripts.

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Bill Personal Property Form With Tax In Suffolk