Kansas Personal Property - Schedule B - Form 6B - Post 2005

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US-BKR-F6B
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Description

This form is Schedule B. The form may be used to list information concerning types of personal property; description and location of personal property; and the current market value of the debtor's interest in the property. This form is data enabled to comply with CM/ECF electronic filing standards. This form is for post 2005 act cases.


How to fill out Personal Property - Schedule B - Form 6B - Post 2005?

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FAQ

What type of property is considered taxable personal property? The following types of personal property are considered taxable: motor vehicles, trailers, mobile homes, watercraft, boat motors, aircraft, livestock, farm machinery and equipment, and any other personal property not exempted by law.

If you owned personal property on January 1, you are required to render the property. Property is assessable for the entire year and will be taxed, except for non-highway vehicles, motorcycles, and watercraft which are pro-rated.

In Kansas, all vessels powered by gasoline, diesel, electric motors, or sail must be registered and numbered in Kansas. Sailboards and personal watercraft (PWC) are considered vessels. Exceptions to registration are: Vessels without any kind of motor or sail.

Did you purchase a new or used boat from a Dealer? You must pay sales tax before registering your boat. If you bought your boat from an out of state dealer, take your invoice or bill of sale to the County Treasurer's Office in the county you plan to store your boat to receive a Sales Tax Paid receipt.

You may not be required to pay California use tax if the only use of the vessel in California is to remove it from the state and it will be used solely thereafter outside this state. This exclusion only applies to a purchase that would otherwise be subject to use tax.

The assessment rates applied to the appraised valuation are: 11.5% in tax year 2014; and 5% in tax year 2015 and all years thereafter. In no case shall the assessed valuation of any watercraft cause the tax upon such watercraft to be less than $12.

You pay property tax when you initially title and register a vehicle and each year when you renew your vehicle tags and registration. What you need to know about titling and tagging your vehicle.

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Kansas Personal Property - Schedule B - Form 6B - Post 2005