Form M-P - Wisconsin Manufacturing Personal Property Return - 2013 Page 14
ADVERTISEMENT
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20Schedule L – LEASED (AND RENTED OR LOANED) ITEMS
WHAT TO REPORT:
HOW TO REPORT:
All leased (and rented or loaned) items except computers, software, and fax
Col. 1-3: Enter the requested information. Total Gross Annual Rent for all units listed in Column 2 “QTY”.
machines on your premises as of Jan. 1. Include capitalized leases.
Col. 4:
Total original selling price or total current selling price used is important for valuation purposes. If known,
please complete for all units listed in Column 2 “QTY”.
EXCLUDE:
Col. 5:
If the property is capitalized (included on Schedules M, N, D or F), fill in which schedule and check the
Any leased (and rented or loaned) items removed from your premises prior to
YES box. DO NOT complete Column 6. If the property is exempt machinery and equipment (M&E),
Jan. 1 and leased over the road vehicles. Report leased computers, software,
check the YES box. DO NOT complete Column 6. Boilers are never exempt.
and fax machines on Schedule LC (page 20).
Col. 6:
Enter your estimate of market value. The most common method used by the Department to estimate
market value is the Cost of Acquisition times an Index Factor (use 10 year life for M&E from factors
State Identification Number
on Sch. M, 20 year life for boilers and tanks from factors on Sch. N, 6 year life for copiers from
factors on Sch. D and 10 year life for furniture and fixtures from factors on Schedule F). Describe
P
how your estimate was calculated. Total the estimated market value of all taxable M&E, boilers, etc.
Local Account Number
on this page and any additional pages. Carry this total forward to Schedule A, Line 7, Column 2.
NOTE:
You must report all non-owned equipment on the premises regardless of who pays the tax.
Column 1
Column 2
Column 3
Column 4
Column 5
Column 6
LEAVE
Owner/Lessor
Equipment
Lease or Asset
Assess-
Estimated
BLANK
Information
Information
Information
Cost Information
ability
Market Value
NAME
TYPE OF PROPERTY
LEASE NUMBER
TOTAL ORIGINAL SELLING PRICE
CAPITALIZED
$
COST
ON SCH. _______?
ADDRESS
DESCRIPTION
INCEPTION DATE
HOW CALCULATED:
LIFE
YEAR OF ACQUISITION
YES
NO
CITY, STATE, ZIP
BRAND NAME
MODEL #
TERM
FACTOR
EXEMPT M&E
TOTAL CURRENT SELLING PRICE USED
PHONE #
QTY
SERIAL #
TOT GROSS ANNUAL RENT
$
YES
NO
NAME
TYPE OF PROPERTY
LEASE NUMBER
TOTAL ORIGINAL SELLING PRICE
CAPITALIZED
$
COST
ON SCH. _______?
ADDRESS
DESCRIPTION
INCEPTION DATE
HOW CALCULATED:
YEAR OF ACQUISITION
LIFE
YES
NO
CITY, STATE, ZIP
BRAND NAME
MODEL #
TERM
FACTOR
EXEMPT M&E
TOTAL CURRENT SELLING PRICE USED
PHONE #
QTY
SERIAL #
TOT GROSS ANNUAL RENT
$
YES
NO
NAME
TYPE OF PROPERTY
LEASE NUMBER
TOTAL ORIGINAL SELLING PRICE
CAPITALIZED
$
COST
ON SCH. _______?
ADDRESS
DESCRIPTION
INCEPTION DATE
HOW CALCULATED:
LIFE
YEAR OF ACQUISITION
YES
NO
CITY, STATE, ZIP
BRAND NAME
MODEL #
TERM
FACTOR
EXEMPT M&E
TOTAL CURRENT SELLING PRICE USED
PHONE #
QTY
SERIAL #
TOT GROSS ANNUAL RENT
$
YES
NO
NAME
TYPE OF PROPERTY
LEASE NUMBER
TOTAL ORIGINAL SELLING PRICE
CAPITALIZED
$
COST
ON SCH. _______?
ADDRESS
DESCRIPTION
INCEPTION DATE
HOW CALCULATED:
LIFE
YEAR OF ACQUISITION
YES
NO
CITY, STATE, ZIP
BRAND NAME
MODEL #
TERM
FACTOR
EXEMPT M&E
TOTAL CURRENT SELLING PRICE USED
PHONE #
QTY
SERIAL #
TOT GROSS ANNUAL RENT
$
YES
NO
PAGE TOTAL: Estimated market value of taxable items
GRAND TOTAL: Use this area to record the total of all pages, if more than 1 page is needed.
ENTER THIS VALUE
NOTE: THIS SCHEDULE WILL BE CROSS-CHECKED WITH REPORTS FROM LESSORS (M-L FORMS).
ON SCHEDULE A,
LINE 7, COLUMN 2
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Business