![]() ![]() The tangible personal property of banks, bankers, brokers, merchants, insurance or other companies (except mutual fire insurance companies) is listed in the taxing district were their business is usually done.Motor vehicles used by students while attending a university or college and owned by such student or another person are listed in the taxing district where the owner resides on January 1st.If the owner is not a resident of Kansas or the County in which the property is located, then the property is listed where it is located. ![]() Tangible personal property owned by a Kansas resident that is stationed, located or stored on any municipal airport or airfield is listed and taxed in the taxing district where the owner resides.Place of ListingĪs a general rule, all tangible personal property is listed in the taxing district where the property is located on the first day of January, except for: If the county appraiser grants the taxpayer an extension to the filing deadline, penalties are calculated from the March 15th deadline, (April 1st for oil and gas renditions) not the date of the extended deadline. The county appraiser may grant the taxpayer an extension to file if the taxpayer submits a request in writing to the appraiser on or before the March 15th or April 1st deadline, stating just and adequate reasons for the extension. The county appraiser is required by law to apply a penalty to the assessed value of personal property that is not listed in a timely manner or that is not listed at all. What happens if a taxpayer doesn't file a listing of their personal property with the county? Oil and gas renditions must be filed on or before April 1st of each year. When and where does a taxpayer file a rendition?Īll taxable personal property is to be listed by the taxpayer on a rendition that must be filed with the county appraiser on or before March 15th of each year. In addition, if a tax preparer completes the rendition then the preparer must also sign and certify that the information is true and correct. Who must sign the personal property rendition?īy law, every person, association, company required to list property must personally sign the rendition. The Executor or Administrator of the Estate If neither are living, the by the person in charge of the property. Personal property is listed for assessment on a tangible personal property form, also known as rendition. If any person, association, company or corporation has in their possession or custody, any taxable personal property belonging to others, it shall be their duty to list the property with the appraiser in the name of the owner of the property. Every person, association, company or corporation who owns or holds, subject to his or her control, any taxable personal property is required by law to list the property for assessment. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |