50 Ind. Admin. Code 22-7-2

Current through November 6, 2024

Section 50 IAC 22-7-2 - Procedure for claiming the investment deduction on personal property

Authority: IC 6-1.1-12.4-13

Affected: IC 6-1.1-12.4-3

Sec. 2.

(a) A property owner must claim the personal property investment deduction by completing Schedule PPID-1 and attaching that schedule to a timely filed:

(1) personal; or

(2) amended personal;

property tax return.

(b) Schedule PPID-1 is available:

(1) at the offices of the:

(A) county assessor; and

(B) township assessor; and

(2) on the department's Web site at www.in.gov/dlgf/.

(c) The completed Schedule PPID-1 shall be:

(1) attached to the property owner's:

(A) personal; or

(B) amended personal; property tax return; and

(2) filed with the township assessor of the township in which the property is located.

50 IAC 22-7-2

Department of Local Government Finance; 50 IAC 22-7-2; filed Jun 15, 2006, 11:25 a.m.: 20060712-IR-050050144FRA