Fillable Form Pr-26 - Horry County Personal Property Return

FOR MAILING ADDRESS CHANGES ONLY

NAME:

STREET:

CITY:

STATE:

ZIP:

INSTRUCTIONS AND GENERAL INFORMATION RELATIVE TO FILING PERSONAL PROPERTY RETURN

PLEASE READ THE FOLLOWING INSTRUCTIONS AND GENERAL INFORMATION

CAREFULLY BEFORE COMPLETING THE REVERSE SIDE OF THE FORM.

You may need to consult with your accountant before completing Section 3 of this Return. The Return is subject to audit alon g with

any supporting records kept by the property owner or his agent.

DO NOT CONTACT OUR OFFICE TO INQUIRE ABOUT VALUES

FROM A PREVIOUSLY-FILED RETURN.

Once processed our records are transferred to a records storage facility.

If you rent out this

property or otherwise use it for income-producing or business purposes, please attach a copy of your SC state depreciation

schedule/asset detail. If you do not depreciate this property on your SC state income taxes, please attach an itemized list of all

personal property at this location along with year of acquisition and cost/value at time of acquisition.

Personal property includes all

tangible, movable items that are not a permanent part of the structure.

(Furniture, kitchen appliances, window treatments,

dinnerware/silverware/kitchenware, decorative accessories, wastebaskets, area/throw rugs, bedding/linens, etc.)

If you owned this property on the December 31

date shown on the Return,

you are required

to complete and submit the Return. If

the property is sold during this tax year, any applicable tax notice issued in October

will be billed to you

as owner on December 31

Horry County does not pro-rate personal property taxes. It is your responsibility to insure that the full amount of tax is paid. Please

remit amount due or forward the tax notice to the purchaser if the tax was pro-rated at closing. DO NOT CALL OUR OFFICE OR

RETURN THE TAX NOTICE TO NOTIFY US THAT THE PROPERTY HAS BEEN SOLD. Our records will be updated for the following

tax year based upon the filing of the purchaser’s deed. If there are questions about how to handle payment, contact your closing

attorney.

South Carolina tax law, Section 12-37-210 provides that all items of Personal Property (e.g. furnishings in rental/leased properties and

properties owned by entities other than individuals…i.e. corporations, partnerships, etc.) shall be assessed for property tax purposes.

Section 12-37-900 states that every person required by law to list property shall, annually, between the first day of January and April

, file a Return with the Auditor of the county in which the property is to be taxed. Any Return not postmarked on or before April

will be considered late and will be subject to a 10% penalty.

THERE IS NO STATUTORY AUTHORITY FOR GRANTING AN

EXTENSION FOR FILING OF THIS RETURN.

An estimated value may be filed from the best information available and then

amended when sufficient data is available.

Section 12-54-44 (B) (1) of the South Carolina Code of Laws provides: “A person who willfully attempts in any manner to evade or

defeat a tax or property assessment imposed by a title administered by the department or the payment of that tax or property

assessment, in addition to other penalties provided by law, is guilty of a felony and upon conviction, must be fined not more than ten

thousand dollars or imprisoned no more than five years, or both, together with the cost of prosecution.” An estimated assess ment

may be used in cases where insufficient values are filed or no Return is filed at all. Section 12-37-800 provides an additional 25%

penalty for willfully attempting to evade a property tax.

As a courtesy, in most cases, this office does annually mail out Personal Property Tax Returns pre-populated with name and last

known address of the property owner together with the property’s account number, legal description, map-block-parcel number and

tax district.

HOWEVER, THE RESPONSIBILITY FOR LISTING THE PROPERTY ANNUALLY WITH THE AUDITOR’S OFFICE LIES

SOLELY UPON THE OWNER OF THE PROPERTY REGARDLESS OF WHETHER OR NOT YOU RECEIVE A PRE-PRINTED

RETURN. Go to

to download a blank Personal Property Return (Form

PR-26). When filing the downloaded Return, be sure to provide the account / ID number for existing accounts and other identifying

information that appears on your tax bill. Please list the name exactly as it appears on your property deed.

Tax notices are issued October 1

each year. Should you fail to receive a tax notice by November 1

, contact the Auditor’s Office at

(843) 915-5054 to avoid penalty issues.

If this property is owned by an LLC, LP or LLP, and if you have not previously done so,

please attach a copy of the Articles of

Organization or other document identifying each member/partner and the stated purpose for the entity’s existence.

If this property is your

exclusive primary

residence, please contact the Horry County Assessor’s Office to inquire about the “Legal

Residence” special assessment.

You may visit

download the “Legal Residence” application or call (843) 915-5040.

If you rent but do not have a rental agent, please contact the

Hospitality Fee Dept. at (843) 915-5620.

You may be subject to

Hospitality Fee and/or Business License

requirements.

Form Pr-26 - Horry County Personal Property Return - 2015 Page 3

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