Tangible Personal Property Tax Filing Reminder Due May 15, 2017

Kentucky tangible personal property tax returns are due on Monday, May 15, 2017.  Returns filed after May 15, 2017 are considered past due in accordance with KRS 132.290 and subject to penalties and interest.

Tangible property consists of physical property that includes, but is not limited to business furnishings and equipment, inventories, artwork, antiques, coin collections, and construction equipment. Answers to frequently asked questions concerning the assessment of tangible personal property can be found at http://revenue.ky.gov/Documents/TangibleFAQPamphlet.pdf.

Links to form 62A500-P and other useful resources are online at http://revenue.ky.gov/Property/Business-Personal-Property.  

Returns filed by the due date should be mailed directly to the Property Valuation Administrator’s office of the county in which the property is located.  Mailing addresses for the offices are included with the returns. Returns may also be filed with the Kentucky Department of Revenue.