Form 103 - Long - State of Indiana - wellscounty 2025

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Code 6-4.1-1-13. Tangible personal property means corporeal personal property, such as goods, wares, and merchandise. As added by Acts1976 , P.L. 18, SEC.
1. Over 65 Deduction Breaker Credit. For retirees, its worth looking into the Over 65 Deduction Indiana property tax exemption. The Over 65 Circuit Breaker Credit helps limit how much your property taxes can increase annually.
Sadly for investors, the answer is no, there are no states without property tax. This is because property tax is a useful way for local governments to fund public services such as schools, fire and police departments, infrastructure and libraries.
Indiana does not tax personal property, such as cars, boats and airplanes.
Zip RegardingAddressCity Form ST-103 P.O. Box 7218 Indianapolis, IN Form ST-103MP P.O. Box 6114 Indianapolis, IN Form ST-103NC P.O. Box 7230 Indianapolis, IN Form TF-103 Tire Fee P.O. Box 6073 Indianapolis, IN2 more rows
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Business Personal Property Tax Exemption for 2025 If the cost of all of your business personal property is less than $80,000 and you filed in 2024 you are NOT REQUIRED TO FILE FOR 2025.
Most states tax. business personal property (machinery, equipment, fixtures, electronics, etc.), but of the 36 states that tax it, 10 states and the District of Columbia provide an exemption for small businesses with little tangible personal property.
In addition to real estate, Indiana taxes all personal property.

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