Business Personal Property
Taxscribe for Indiana Business Owners & CPAs
Modern personal property tax filing for Indiana — prepare your return in minutes, import fixed assets, and e-file to participating jurisdictions or email a print-ready PDF to your local assessor.
What is Business Personal Property tax?
Business tangible personal property is the value of all property besides real estate that is used in your business or organization. It includes items like computers, furniture, fixtures, tools, leased equipment, and any other equipment used in producing an income.
Who should file Business Personal Property?
All businesses, churches, and not-for-profit organizations must file business tangible personal property forms with the assessor's office each year, even if qualified for an exemption.
- Filing deadline
- The annual filing deadline is May 15.
- Late penalty
- Late filings may result in penalties.
When you should file:
The annual filing deadline is May 15.
Extensions:
Some jurisdictions will allow an extension to the filing deadline. Check with your local assessor
Exemptions:
If the total cost of your business personal property in a county is less than $80,000, you are eligible for an exemption. You must declare this on the appropriate form (Form 102, 103-Short, or 103-Long). If you have already claimed this exemption in a previous year and still qualify, you do not need to file again unless your status changes.
Important Notes About Business Personal Property:
- Late filings may result in penalties.
- Any questions regarding business personal property tax should be directed to your local assessor.
Coverage
How Taxscribe works in Indiana
Taxscribe supports Business Personal Property filing across Indiana. Where your jurisdiction participates in Taxscribe's e-file program, you can submit directly; elsewhere, generate a print-ready PDF and email or mail it to your local assessor. Contact us to see if your jurisdiction participates.