Personal Property Assessments Can Be Appealed Based on Condition or High Mileage to Reduce a Personal Property Tax Bill!
If you feel your personal property (this includes: cars; trucks; motorcycles; RVs and business use vehicles) has been assessed for more than its fair market value, you may now appeal the assessment.
- An annual physical inspection is necessary if the appeal is based on the condition of the property.
- Any adjustment of the original assessment will consider the overall condition of the property and the allowances provided in the most recent January edition of the pricing guide. For new year model vehicles, the assessment will consider the price indicated on the bill of sale.
- All assessment appeals require an affidavit prescribed by the Commissioner of the Revenue and signed by the taxpayer. A taxpayer's signature must be certified by a Deputy of the Commissioner of the Revenue or acknowledged before a Notary Public. The affidavit must include the specific reason(s) for the appeal of the original assessment. The original document is required (copies are not accepted).
- The Commissioner of the Revenue's office may require any information necessary to collaborate a taxpayer's claim or appeal.
- Review the High Mileage Chart below to see the minimum mileage required for a vehicle to qualify for a high mileage deduction.