Who files a Personal Property Declaration Schedule?
AThe owner (legal titleholder) of taxable personal property as of January 1st must file a declaration schedule if the total actual value (market value) of all the personal property is greater than $4,000 per county for the tax year commencing on January 1, 2009. All personal property, such as a business/organization’s machinery, equipment, and furnishings, not otherwise exempt by law, must be listed on the schedule. All Personal Property Declaration Schedules and attached forms are considered private confidential documents by law.
