Tangible Personal Property (T P P)
Tangible Personal Property is all property other than real estate that
has value in and of itself. It includes items such as business machinery,
industrial and farm equipment, tools and supplies, signs and leasehold
equipment and a variety of other types of property.
Any person or entity that owns such property as of January 1st of any
year must file a listing of this property with the property appraiser's
office no later than April 1st. Forms for this filing are available in
our office, or download the TPP form using the link below:
Go to our Download Forms page to download the appropriate application form.
You should complete the form fully, including the year the
property was purchased, the purchase price and a description of the
property. This information allows us to determine an appropriate value
for each item. After the original return, we will mail a return to you
to assist you in remembering to file. You should list on the return the
reportable tangible personal property that you owned or leased as of
January 1st.
If you dispose of all of your tangible personal property during any given
year, you should file a return the following year with a notation that
you no longer own the property and to whom it was sold.
Florida law specifically exempts household goods and personal effects,
which would include furniture, fixtures and appliances used in your
residence. However, if you own furniture and appliances that you use in
rental property, these would be taxable items. Other items that would
be exempt are lawn mowers and tools that are used at your personal
residence, as well as recreational items.
Not every item or class of property can be discussed here. If you have
specific questions, please give us a call or send an e-mail message to our
TPP staff
Helpful Hints & Suggestions
Be sure to list property you have disposed of in the appropriate area on the return. That way you can avoid being taxed for property you do not own.
If a CPA fills out your return, check to make sure they have removed any property that you no longer own. Check for accuracy before you sign it.
If you change your location or mailing address, please inform our office.
Do not use the term "same as last year" or "no change" on your return.
The law requires a substantial financial penalty when a return is filed late. If you cannot file the return by April 1, request an extension.
Be sure that you sign and date your return before filing.
Dates & Deadlines
January 1 - TPP returns are mailed to property owners. (If you own TPP but do not receive a form in the mail, you should contact us.)
April 1 - Deadline for filing returns. Returns filed after this date are subject to a penalty.
