Personal Property

Indiana requires all businesses--large and small--to complete personal property tax returns. Personal Property can be described as anything tangible from the computers and scanners used in a small home-business office to the large machinery used to build or construct different items. However, this does not include intangible property (such as computer programs), inventory, or anything

that has a plate on it from the BMV (vehicles).


The appropriate forms can be submitted online, downloaded, or obtained by stopping by the Assessor's office.

Please note that it is the owner's responsibility to obtain and file the appropriate forms. If a business is closed, it is the owner's responsibility to let the Assessor's Office know (a note attached to or a letter in place of a filing will suffice). Failure to let the Assessor's office know about such closures will still result in an accumulation of penalties for each year until the Assessor is notified.

Business owners with questions or needing assistance can email the Assessor's office's personal property experts, call the office at 765-423-9255, or stop by the office on the Second Floor of the County Office Building.  Returns and Authorizations may be filed electronically here.

Frequently Asked Questions


For more information about Personal Property, please see these fact sheets published by the DLGF:
For more information about having been selected to participate in a business Personal Property audit, please see the Personal Property Audit FAQ.

Important Dates to Remember


  • Personal Property Forms are due by May 15th.
  • If Personal Property forms are filed after this date and before June 15th, a late penalty of $25 will be applied.
  • If Personal Property forms are after the late deadline above, a 20% penalty will be applied along with a $25 late fee.
  • Amended returns (fixes to errors on original timely filings) may be filed until May 15th of the next year.
  • A $25 fee may also be applied if the forms are not in compliance with the state guidelines.
  • Personal property returns for a previous year that were filed on time may be amended until May 15 of the current year.

What to File


File Form 104 with either: 
  • Form 102: Farmer's Tangible Personal Property Assessment Return
  • Form 103-Short: Filed for under $150,000 in Personal Property
  • Form 103-Long: Filed for more than $150,000 in Personal Property Note: Only one copy is needed.
Property owners declaring the exemption for personal property with an acquisition cost of less than $20,000 do not need to complete Form 104.  In this case, property owners may fill out whichever of Form 102, 103-Short, or 103-Long is appropriate and check the box at the top of the form that denotes they are seeking the exemption.

Please note: Business owners can file one return for businesses with several locations in the same taxing district. 

Electronic Filing


Submit personal property forms electronically through the following links.  These links direct to a secure portal which automates signature processing and approval.  Read instructions on how to fill out forms (PDF)

For Taxpayers filing directly (without the use of a CPA, etc):


Form 103 Short
Form 103 Long
Form 102
Form 102 and 104
Form 104

For Tax Preparers filing for others:


Tax Preparer Authorization Form
Form 103 Short
Form 103 Long
Form 102
Form 102 and 104
Form 104

Form 136: Application for Non-Profit Property Tax Exemption 

Download Forms


Forms may also be downloaded directly from the DLGF website and mailed or e-mailed to the Tippecanoe County Assessor's Office.