Indiana 104 2003-2025 Form

What is the Indiana Form 104

The Indiana Form 104 is a state-specific tax form used to report personal property taxes in Indiana. This form is essential for individuals and businesses that own tangible personal property, such as equipment, machinery, and inventory. Completing the form accurately ensures compliance with Indiana tax regulations and helps determine the amount of personal property tax owed to the state. The Indiana Form 104 is also known as the State of Indiana Business Personal Property Form 104.

How to use the Indiana Form 104

To use the Indiana Form 104 effectively, gather all necessary information regarding your personal property. This includes details about the type of property owned, its location, and its value. The form requires you to list each item of personal property and provide a description, acquisition date, and cost. After completing the form, ensure that you sign it and submit it to the appropriate county assessor's office. Using electronic tools like signNow can streamline this process, allowing for a secure and efficient completion of the form.

Steps to complete the Indiana Form 104

Completing the Indiana Form 104 involves several key steps:

1. Gather all relevant information about your personal property.
2. Download the Indiana Form 104 from the official state website or obtain a printed copy.
3. Fill out the form, ensuring to include accurate descriptions and values for each item.
4. Review the completed form for any errors or omissions.
5. Sign the form to validate your submission.
6. Submit the form to your county assessor's office by the specified deadline.

Legal use of the Indiana Form 104

The Indiana Form 104 is legally binding when completed and submitted according to state regulations. It is crucial to ensure that all information provided is accurate and truthful, as providing false information can lead to penalties. The form must be signed by the property owner or an authorized representative, and electronic signatures are acceptable if completed using a compliant eSignature solution. Adhering to the legal requirements surrounding this form helps protect your rights and ensures compliance with Indiana tax laws.

Filing Deadlines / Important Dates

Filing deadlines for the Indiana Form 104 are critical to avoid penalties. Typically, the form must be filed annually by May 15. If May 15 falls on a weekend or holiday, the deadline is extended to the next business day. It is important to stay informed about any changes to these dates, as timely submission is essential for maintaining compliance with Indiana tax regulations.

Form Submission Methods (Online / Mail / In-Person)

The Indiana Form 104 can be submitted through various methods to accommodate different preferences. You can choose to file the form online using the Indiana Department of Revenue's electronic filing system, which offers a convenient and secure way to submit your information. Alternatively, you can mail the completed form to your county assessor's office or deliver it in person. Each method has its advantages, so select the one that best suits your needs.

Required Documents

When completing the Indiana Form 104, certain documents may be required to support your claims. These documents typically include:

• Proof of acquisition for each item of personal property.
• Previous year’s tax returns, if applicable.
• Any relevant financial statements or appraisals for high-value items.

Having these documents ready will facilitate the completion of the form and ensure that all necessary information is accurately reported.