Taxpayers should use these forms and guides to apply for local tax abatements and exemptions and file property returns. State Tax Form 2 is a form listing all personal property assets of an organization for the current fiscal year.What personal property is subject to local taxation? You have three options. You don't need to put down the value of your personal property. Individuals owning or holding household furnishings and effects not located at their primary residence on January 1st must file State Tax Form 2HF. Personal property bills are mailed and due on the same schedule as the real estate tax bills. Bills are mailed out twice a year, 2 quarterly bills at a time. Massachusetts assesses a tax on tangible personal property. The contents of your domicile (or principal residence) are exempt from personal property tax.
