VA Return of Business Tangible Personal Property & Machinery and Tools - City of Radford 2025-2026 free printable template

This form is used for reporting tangible personal property and machinery and tools utilized in a business or profession, including furniture in rental property. It replaces Dept. of Taxation Form

How to fill out VA Return of Business Tangible Personal Property

How to fill out return of business tangible

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Who needs return of business tangible?

1. Students who need to write papers and essays.
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3. Businesses that require documentation for various functions.
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5. Anyone needing to create resumes or cover letters.
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What is return of business tangible?

Return of business tangible refers to the reporting of tangible personal property owned by a business, which may include equipment, machinery, and furniture, for tax purposes.

Who is required to file return of business tangible?

Businesses that own tangible personal property and meet certain criteria as defined by local or state laws are required to file a return of business tangible.

How to fill out return of business tangible?

To fill out a return of business tangible, a business must provide information on the types and values of tangible personal property, as well as any applicable exemptions or deductions.

What is the purpose of return of business tangible?

The purpose of the return of business tangible is to assess and collect property taxes on tangible assets owned by a business.

What information must be reported on return of business tangible?

The information that must be reported includes a description of the tangible personal property, its location, estimated value, purchase date, and any exemptions for which the business may be eligible.