State Form 1882 - Tax Return - Fixed Personal Property Of Public Utilities - 2008 Page 2

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SCHEDULE A - LOCALLY ASSESSED PERSONAL PROPERTY OTHER THAN INVENTORY
A. TAX BASIS COST
C. TRUE TAX VALUE
B. DEPRECIATION
1
Office Furniture and Fixtures
1
2
Machinery and Equipment
2
3
Motor Vehicles (include trucks, trailers, automobiles, etc.)
3
4
Leased and Other Not-Owned Depreciable Personal Property
4
5
All Other Personal Property In Service Not Classified Above
5
6
Subtotal (Sum of lines 1 through 5)
6
Deduction for Gross Additions (Carry amount from Line 16;
7
7
see, 50 IAC 5.1-6-8)
8
Tentative Value (Line 6 minus Line 7)
8
9
Minimum Value [Thirty percent (30%) of Line 6, Column A]
9
10
True Tax Value (Greater of Lines 8 or 9)
10
Cost
Additions: Construction in Progress (for construction in process
11
11
column C = column A x 10%)
12
12
Other: ______________________________________
13
13
Abnormal Obsolescence (See 50 IAC 5.1-11)
Total True Tax Value (Sum of Lines 10, 11 and 12 minus Line 13;
14
14
Carry to Summary Schedule A on reverse side)
SCHEDULE A-1 COMPUTATION OF DEDUCTION FOR GROSS ADDITIONS
A. TAX BASIS COST
B. DEPRECIATION
C. TRUE TAX VALUE
Locally-assessed Depreciable Personal Property Placed in Service in
15
15
Previous Twelve Months
16
16
Deduction for Gross Additions [Sixty percent (60%) of Line 15, Column C]
NOTES:
True Tax Value of locally-assessed personal property is its IRS cost basis less federal tax depreciation unless otherwise provided in 50 IAC 5.1.
All fully depreciated fixed personal property, written-off books but still in use, must be reported on this return (see 50 IAC 5.1-6-4).
Leased and other not-owned personal property must be disclosed on Form 1-N.
Form UD-ID must be filed with this return if you are claiming an investment deduction under IC 6-1.1-12-4.
State the number of vehicles reported above: _______________________ (Do not report vehicles as personal property if you have paid excise tax on them.)

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