Forms can be obtained by clicking here.
Recent changes in Indiana law now require taxpayers who file a Business Tangible Personal Property Return (103 Long, 103 Short, or 102 Farm) to complete the entire form. All returns should also include a completed Form 104. The following are regularly absent from filed business personal property returns:
*All Form 102's and 103's need to be coded with whichever code best describes the business that the forms are being submitted for.
Taxpayer timely file | None |
Filed between 5/16 and 6/16 | $25 |
Filed after 6/16 | $25 + 20% |
Failure to File | $25 + 20% |
Filed but non compliant | $25 |
Late and non compliant | $25 + $25 |
Filed after 6/16 & non compliant | $25 + 20% + $25 |
*Non compliance is filing an incomplete or erroneous return.
The Form 113/PP will provide an explanation as to why you are receiving it.
Some possible reasons for receiving a Form 113/PP include:
A. Failure to file applicable personal property return
B. The return had an error that changed the assessment amount
What can I do if I receive a Form 113/PP?
Penalties cannot be removed once they are applied.
Due Date | This year, May 15, 2023. (Penalties will apply after this date) |
Extensions | No extensions will be granted (Timely filed returns my be amended within 6 months) |
Form 102 & 103 | Include your Federal ID number or the last four digits of your Social Security number. The DLGF requires that all questions on the forms be answered to avoid a non-compliance penalty of $25. We observe strict confidentiality rules. |
Form 104 | Please complete and sign on page 1. |
103-N & 103-O | Use 103-O for equipment you OWN and lease to others, use 103-N for equipment you do NOT OWN, but lease. |
Taxpayer | Please be consistent in reporting the correct Taxpayer Name and DBA Name |
Signatures | Forms 102/103 and 104 must be signed |
Closed? | If you were no longer in operation prior to 1/1/2023, please sign your personal property return, note the closure date, and return your forms to the County Assessor's office. |