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New Member
posted Jan 26, 2023 4:04:30 PM

Is there a reason why TT is making me fill out a Tangible Personal Property Tax Return? I don't own any property nor a business and I have never filled out a TPP return

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3 Replies
Level 15
Jan 26, 2023 4:17:35 PM

I'm guessing this is for a state tax return, since the IRS doesn't impose a tangible property tax on personal property at the federal level. So what state?

 

Level 15
Jan 26, 2023 4:46:19 PM

If you are in Florida, you need to opt to skip the state return.

Level 15
Jan 26, 2023 4:48:11 PM

FLORIDA

 

Florida does not have a state income tax.   You should have skipped the FL tax unless you own rental property  in FL or a FL based business.

 

Florida has a  tangible personal property tax form that is used in a Florida-located business or rental property and is filed with the county property appraiser by April 1st. 

 

If you do need to file a Form DR-405, nothing will print (except an instruction sheet) unless assets were transferred or you manually entered assets in the DR-405 worksheet. 

 

If you do not have tangible personal property to report, choose   Skip State   in the   State Taxes   section.

 

If you proceeded past the warning screens, try deleting the Florida return --> https://ttlc.intuit.com/questions/1900608