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Dr 0563 Example Form

Dr 0563 Example Form

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[Music] [Applause] this video will cover the use and purpose of the DSL 5/6 personal property declaration scheduled widely referred to as the declaration scheduled in ance with section 39 3-1 19.5 Colorado Revised Statutes as of January 1st 2019 you are not required to file this schedule if the total actual value of your personal property per county is seven thousand seven hundred dollars or less this exemption amount is adjusted every other year so check with the County Assessor to determine the current exemption level you should also contact the county assessor if you are unsure whether the total actual value of your personal property exceeds the exemption amount if you are in doubt we recommend that you go ahead and file the appropriate personal property schedule because there are penalties associated with not filing each year Assessors in Colorado must revalue all taxable personal property located within their county considering data provided by property owners on their declaration

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