Form M-P - Wisconsin Manufacturing Personal Property Return - 2013 Page 10
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20Schedule M – MACHINERY, TOOLS, PATTERNS AND SHOP EQUIPMENT
WHAT TO REPORT:
HOW TO REPORT:
All machinery, tools, patterns, shop equipment, storage racks, transportation
Col. 2: Total original cost as of Jan. 1 last year. This amount would have been included in last year’s Schedule M,
equipment, fork lifts, end loaders, yard cranes, etc. Include all fully depreciated
Column 4.
items still on site.
Col. 3a & 3b: Changes that occurred during 2012 by year of acquisition. For deletions, enter the cost from the year of
the item’s original acquisition. Include transfers to and from other taxing districts by the year acquired.
* Projects in progress (PIP) costs are those costs that are accumulated over
Do not include approved waste treatment items.
multiple years until the project is complete. When the project is cleared to
Col. 4: Sum of Columns 2, 3a and 3b. This total must agree with Schedule Y‑P, Line 2, Column 5. This result must
its appropriate account (machinery, boilers, etc.) the value is deleted from
also agree with a detailed listing of assets retained at your place of business and available for inspection
PIP and a corresponding addition will occur in that account.
by the Department.
IF SUCH LISTING IS NOT AVAILABLE UPON REQUEST, ALL ASSETS MAY BE CONSIDERED
EXCLUDE: Over the road vehicles (report only on Schedule Y‑P). Also
TAXABLE.
excluded are all boilers assessed as personal property. Boilers assessed
as personal property should be reported on Schedule N.
Col. 5: Total original costs of all exempt M&E. This is M&E used in the production process.
Col. 6: Column 5 subtracted from Column 4. The result is the total original cost of taxable equipment.
SEE: M&E Reference List on page 5. This list provides more detailed descrip‑
Col. 7: Preprinted 10 year composite useful life factors are already entered in this column.
tions of taxable and exempt types of machinery, tools and equipment.
Col. 8: Column 6 multiplied by Column 7. Do this for each year a cost is recorded and compute a final total. This
State Identification Number
total is entered on Schedule A, Line 2, Column 2.
P
Local Account Number
Column 1
Column 2
Column 3a
Column 3b
Column 4
Column 5
Column 6
Column 7
Column 8
Total
Net Total
Total
Total Orig Cost
Year of
Orig Cost
Additions (+)
Deletions (–)
Orig Cost
Orig Cost of
of TAXABLE M&E
Index
Indexed
LEAVE
Acquisition
as of Jan 1
Since Last
Since Last
as of Jan 1
EXEMPT M&E
as of Jan 1
Factor
Net Taxable
BLANK
Last Year
Jan 1
Jan 1
This Year
as of Jan 1
This Year
(10 yr)
Value
This Year
(Last Year’s Col. 4)
(Col. 2 ± Col. 3a & 3b)
(Col. 4 – Col. 5)
(Col. 6 x Col. 7)
*
(
)
PIP
.925
(
)
2012
.925
(
)
2011
.802
(
)
2010
.688
(
)
2009
.585
(
)
2008
.517
(
)
2007
.443
(
)
2006
.387
(
)
2005
.339
(
)
2004
.295
(
)
2003
.250
All prior
(
)
.138
years
TOTAL
(
)
THIS COST SHOULD
THIS VALUE IS
EXPLAIN ANY CHANGES
AGREE WITH SCH Y‑P,
ENTERED ON SCH A,
OF 20% OR MORE IN ANY
LINE 2, COL 5
LINE 2, COL 2
GIVEN YEAR
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Parent category: Business