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Personal Property

What is Business Personal Property?

All businesses, churches, and not-for-profit organizations must file business tangible personal property forms with the assessor’s office each year, even if qualified for an exemption.

Business tangible personal property is the value of all property besides real estate that is used in your business or organization. It includes equipment used in the production of income or held as an investment; billboards; foundations for the equipment; and all other tangible property other than real property. Computer application software is considered an intangible asset and is not assessable. Inventory is no longer taxed.

Licensed motor vehicles, trailers, motorized boats, most airplanes, campers, recreational vehicles, and other registered vehicles that are subject to excise tax collected at the time of licensure by the Indiana Bureau of Motor Vehicles are not subject to personal property tax.

Business Personal Property Exemption

If the cost of all of your business personal property is less than $80,000, your business or organization is entitled to a business personal property exemption. You can attain this exemption by completing all of the required forms; you will mark the checkbox at the top of Form 103-Long, Form 103-Short, or Form 102 indicating the cost of your assets is less than $80,000.

Filing Due Date

May 16, 2022

What is PPOP-IN?

The Indiana Department of Local Government Finance’s modernization effort includes the Personal Property Online Portal – Indiana (PPOP-IN), which is the online service portal for customers to use when filing business personal property filings with their county/township assessor.

Who will be impacted?

Taxpayers

  • Any business or farmer that owns or holds personal property in Indiana.

Authorized Agents

  • Individuals who are responsible for filing a business personal property filing on behalf of a business or farmer.

County/Township Assessors

How to File?

If you desire blank personal property forms for a previous year, please contact the DLGF with your request.

Prior year’s Business Tangible Personal Property returns should be requested from the assessor’s office in the county where the business is located.

Resources

  • Introduction to PPOP-IN
    • Print Tutorial
    • Job Aid
    • Video Tutorial
  • Registering for the PPOP-IN
    • Print Tutorial
    • Job Aid
    • Video Tutorial
  • Logging into the PPOP-IN
    • Print Tutorial
    • Job Aid coming
    • Video Tutorial

Past Training Materials

  • Assessor Webinar - December 2, 2020 - PPOP-IN Overview and Demo - Barry Wood
  • Assessor Webinar - February 10 & 11, 2021 - PPOP-IN - Module 1 - Briljent
  • Assessor Webinar - February 16 & 17, 2021 - PPOP-IN - Module 2 - Briljent
  • Assessor Webinar - March 23 & 25, 2021 - PPOP-IN - Module 3 - Barry Wood
  • Assessor Webinar - April 16 - PPOP-IN - Module 4 - Barry Wood
  • Webinar - November 19, 2021 - PPOP-IN Overview for Agents
  • Assessor PPOP-IN Media Kit

  • Indiana Code and Administrative Rule

    • Procedure for Personal Property Assessment IC 6-1.1-3
    • Assessment of Tangible Personal Property: 50 IAC 4.2
      • Effective March 1, 2011 Assessment Date