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If I do voiceover work on the side and my "assets" include my laptop and a microphone, do I need to fill out my state Tangible Property Tax Return in state taxes?

 
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3 Replies
Vanessa A
Employee Tax Expert

If I do voiceover work on the side and my "assets" include my laptop and a microphone, do I need to fill out my state Tangible Property Tax Return in state taxes?

Which state do you live in?  Generally, a laptop would be an asset and a microphone would depend. 

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If I do voiceover work on the side and my "assets" include my laptop and a microphone, do I need to fill out my state Tangible Property Tax Return in state taxes?

Florida!

 

DawnC
Employee Tax Expert

If I do voiceover work on the side and my "assets" include my laptop and a microphone, do I need to fill out my state Tangible Property Tax Return in state taxes?

There is a $25K exemption for assets, so no, you probably do not need to file the tangible tax form (DR-405).   

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