Indiana Personal Property - Schedule B - Form 6B - Post 2005

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US-BKR-F6B
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Description

This form is Schedule B. The form may be used to list information concerning types of personal property; description and location of personal property; and the current market value of the debtor's interest in the property. This form is data enabled to comply with CM/ECF electronic filing standards. This form is for post 2005 act cases.


How to fill out Personal Property - Schedule B - Form 6B - Post 2005?

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FAQ

The pools to be utilized for Indiana property tax purposes are as follows: (1) Pool No. 1: All assets that have a life of one (1) through four (4) years for federal income tax purposes. (2) Pool No. 2: All assets that have a life of five (5) through eight (8) years for federal income tax purposes.

Whether registering your vehicle for the first time or renewing your registration, you will pay an annual excise tax and a registration fee. Customers living in certain counties and municipalities will also pay a county vehicle excise tax or wheel tax, and municipal vehicle excise tax or wheel tax.

When you buy a car, you have to pay Indiana sales tax on the purchase, plus excise tax to register the vehicle. The state charges a 7% sales tax on the total car price at the moment of registration.

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.

Most forms are filed with the county assessor; however a few are to be filed with the county auditor. Please read the instructions carefully on the form and then file with the appropriate official. Contact information for these officials can be found at .

The only vehicle registration fees that are deductible are those based on the value of the vehicle. The IN "County Wheel Tax" is based on the type and weight of a vehicle, not the value of the vehicle.

Business tangible personal property is the value of all property besides real estate that is used in your business or organization. It includes items like computers, furniture, fixtures, tools, leased equipment, and any other equipment used in producing an income.

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Indiana Personal Property - Schedule B - Form 6B - Post 2005