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Do I complete a Tangible Personal Property Tax return if my 1 person company owns the vehicle?

 
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2 Replies

Do I complete a Tangible Personal Property Tax return if my 1 person company owns the vehicle?

what state and what form

MonikaK1
Employee Tax Expert

Do I complete a Tangible Personal Property Tax return if my 1 person company owns the vehicle?

Does your question relate to a Florida Personal Property Tax return?

 

Anyone who owns Tangible Personal Property (TPP) in Florida on January 1 and who has a proprietorship, partnership, or corporation, or is a self-employed agent or a contractor, must file a tangible personal prope​rty return to the property appraiser by April 1 each year (​section 193.062, F.S.)​. Property owners who lease, lend, or rent property must also file. ​

 

Most automobiles, trucks, and other licensed vehicles are excluded from the TPP tax.

 

See this Florida DOR webpage for more information.

 

@robinsvoboda67 

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