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Broward County Property Appraiser’s Office	TANGIBLE PERSONAL PROPERTY TAX RETURN
Attn: TPP			DR-405, R. 12/11
115 S. Andrews Ave., Room 111		CONFIDENTIAL	DR-405, R. 12/11
115 S. Andrews Ave., Room 111		CONFIDENTIAL	Rule 12D-16.002, F.A.C.
Fort Lauderdale, FL 33301-1801
Fort Lauderdale, FL 33301-1801		Return to property appraiser by April 1 to avoid penalty.
		Return to property appraiser by April 1 to avoid penalty.

		Broward County	Tax year

		Business name (DBA-Doing Business As) and mailing address:

Federal Employer

Identification Number

If name or address is incorrect, please make needed corrections.

NAICS

Owner or person in charge

Phone

6. Type or nature of your business

Business/corporate name

Trade levels (check all that apply)

Retail

Wholesale

Physical location

Manufacturing

Professional

Service

Agricultural

(no PO Boxes)

Leasing/rental

Other, specify:

3. Do you file a TPP tax return under any other name?

Yes

7. Did you file a TPP return in this county last year?

Yes

Name on most recent return or tax bill

Name and

location

4. Date you began business in this county

5. Fiscal year		If before 12/31 last year, does this return reflect			8. Former owner of business
5. Fiscal year		If before 12/31 last year, does this return reflect
end date		additions/deletions through Dec 31?	Yes	No	9. If sold, to whom?			Date sold
Personal Property Summary Schedule - Enter totals from page 2 or from an					Taxpayer's Estimate	Original Installed		For Property
attached itemized list or depreciation schedule with original cost and date of acquisition.					of Fair Market Value	Cost		Appraiser Use Only
10	Office furniture, office machines, and library
11	EDP equipment, computers, and word processors
12	Store, bar and lounge, and restaurant furniture, equipment, etc.
13	Machinery and manufacturing equipment
14	Farm, grove, and dairy equipment
15	Professional, medical, dental, and laboratory equipment
16	Hotel, motel, and apartment complex
16a	Rental units (stove, refrigerator, furniture, drapes, and appliances)
17	Mobile home attachments (carport, utility building, cabana, porch, etc.)
18	Service station and bulk plant equipment (underground tanks, lifts, tools)
19	Signs (billboard, pole, wall, portable, directional, etc.)
20	Leasehold improvements - grouped by type, year of installation, and description
21	Pollution control equipment
22	Equipment owned by you but rented, leased or held by others
23	Supplies not held for resale
24	Other, specify:
		TOTAL PERSONAL PROPERTY
I declare I have read this tax return and the accompanying schedules and statements. The facts						$25,000		Less
in them are true. If prepared by someone other than the taxpayer, the preparer signing this						Widowed	Exemptions
return certifies that this declaration is based on all information he or she has knowledge of.						Widowed	Exemptions
						Blind	Taxable
						Blind	Taxable
Signature						Total disability	Value
taxpayer		Print name	Title		DATE	Total disability	Value
taxpayer		Print name	Title		DATE	Other, specify
						Other, specify

Signature					Penalties
Signature
preparer	Print name	Preparer ID	DATE
preparer	Print name	Preparer ID	DATE
ADDRESS		PHONE



				Signature, deputy		Date
				Signature, deputy		Date

Sign and date your return, send the original to the county property appraiser’s office by April 1. Unsigned returns cannot be accepted by the appraiser’s office. If you are entitled to a widow’s, widower’s, or disability exemption on personal property (not already claimed on real estate), consult your appraiser.

Continued on page 2

TANGIBLE PERSONAL PROPERTY

DR-405, R. 12/11 , Page 2

Report all property owned by you including fully depreciated items still in use.

ASSETS PHYSICALLY REMOVED DURING THE LAST YEAR

Description	Age	Year	Taxpayer's Estimate	Original Installed	Disposed, sold, or traded and to whom?
Description	Age	Acquired	of Fair Market Value	Cost	Disposed, sold, or traded and to whom?

LEASED, LOANED, OR RENTED EQUIPMENT Complete if you hold equipment belonging to others.

Lease

Purchase

Name and Address of Owner or Lessor

Description

Year

Year of

Monthly

Original Installed Option

Acquired

Manufacture

Rent

Cost

Yes No

SCHEDULE FOR LINE 22, PAGE 1

Equipment owned by you but rented, leased, or held by others. Enter total on page 1.

Lease

Name/address of lessee

Year

Monthly

Taxpayer's

Original

Description

Age

Term

Estimate of Fair

Cond*

Installed Cost

Number

Actual physical location

Acquired

Rent

Market Value

New

SCHEDULES FOR PAGE 1, LINES 10 - 21, 23, and 24						APPRAISER’S USE ONLY
Enter line number from page 1.	Age	Year	Taxpayer's Estimate	COND*	Original Installed
		Acquired	of Fair Market Value		Cost		VALUE
Description						Cond*

Enter totals on page 1.			TOTAL		TOTAL		TOTAL
	Enter line number from page 1.	Age	Year	Taxpayer's Estimate	COND*	Original Installed		VALUE
	Description	Age	Acquired	of Fair Market Value	COND*	Cost	Cond*
	Description		Acquired	of Fair Market Value		Cost	Cond*

Enter totals on page 1.			TOTAL		TOTAL		TOTAL
	Enter line number from page 1.	Age	Year	Taxpayer's Estimate	COND*	Original Installed		VALUE
		Age	Acquired	of Fair Market Value	COND*	Cost	Cond*
	Description		Acquired	of Fair Market Value		Cost	Cond*

Enter totals on page 1.

TOTAL

*Condition: enter good, avg (average), or poor.

Add pages, if needed.

See instructions on pages 3 and 4.

INSTRUCTIONS

DR-405, R. 12/11, page 3

Complete this form if you own property used for commercial purposes that is not included in the assessed value of your business' real property. This may include office furniture, computers, tools, supplies, machines, and leasehold improvements. Return this to your property appraiser's office by April 1. Keep a copy for your records.

Report your summary totals on page 1. Use page 2 or an attached, itemized list with original cost and date acquired for each item to provide the details for each category. Contact your local property appraiser if you have questions.

If you ask, the property appraiser will give you an extension for 30 days and may grant an additional 15 days. You must ask for the extension in time for the property appraiser to consider the request and act on it before April 1.

Each return is eligible for an exemption up to $25,000. By filing a DR-405 on time you automatically apply for the exemption. If you do not file on time, Florida Law provides for the loss of the $25,000 exemption.

WHAT TO REPORT

Include on your return:

1.Tangible Personal Property. Goods, chattels, and other articles of value (except certain vehicles) that can be manually possessed and whose chief value is intrinsic to the article itself.

2.Inventory held for lease. Examples: equipment, furniture, or fixtures after their first lease or rental.

3.Equipment on some vehicles. Examples: power cranes, air compressors, and other equipment used primarily as a tool rather than a hauling vehicle.

4.Property personally owned, but used in the business.

5.Fully depreciated items, whether written off or not. Report at original installed cost.

Do not include:

1.Intangible Personal Property. Examples: money, all evidences of debt owed to the taxpayer, all evidence of ownership in a corporation.

2.Household Goods. Examples: wearing apparel, appliances, furniture, and other items ordinarily found in the home and used for the comfort of the owner and his family, and not used for commercial purposes.

3.Most automobiles, trucks, and other licensed vehicles. See 3 above.

4.Inventory that is for sale as part of your business. Items commonly referred to as goods, wares, and merchandise that are held for sale.

LOCATION OF PERSONAL PROPERTY

Report all property located in this county on January

1.You must file a single return for each site in the county where you transact business. If you have freestanding property at multiple sites other than where you transact business, file a separate, but single, return for all such property located in the county.

Examples of freestanding property at multiple sites include vending and amusement machines, LP/ propane tanks, utility and cable company property, billboards, leased equipment, and similar property not customarily located in the offices, stores, or plants of the owner, but is placed throughout the county.

PENALTIES

Failure to file - 25% of the total tax levied against the property for each year that no return is filed

Filing late - 5% of the total tax levied against the property covered by that return for each year, each month, and part of a month, that a return is late, but not more than 25% of the total tax

Unlisted property -15% of the tax attributable to the omitted property

RELATED FLORIDA TAX LAWS

§192.042, F.S. - Assessment date: Jan 1 §193.052, F.S. - Filing requirement §193.062, F.S. - Filing date: April 1 §193.063, F.S. - Extensions for filing §193.072, F.S. - Penalties

§193.074, F.S. - Confidentiality §195.027(4), F.S.- Return Requirements §196.183, F.S. - $25,000 Exemption

§ 837.06, F.S. - False Official Statements

See line and column instructions on page 4.

LINE INSTRUCTIONS

Within each section, group your assets by year of acquisition. List each item of property separately except for “classes” of personal property. A class is a group of items substantially similar in function, use, and age.

Line 14 - Farm, Grove, and Dairy Equipment

List all types of agricultural equipment you owned on January 1. Describe property by type, manufacturer, model number, and year acquired. Examples: bulldozers, draglines, mowers, balers, tractors, all types of dairy equipment, pumps, irrigation pipe - show feet of main line and sprinklers, hand and power sprayers, heaters, discs, fertilizer distributors.

Line 16 and 16a - Hotel, Motel, Apartment and Rental Units (Household Goods)

List all household goods. Examples: furniture, appliances, and equipment used in rental or other commercial property. Both residents and nonresidents must report if a house, condo, apartment, etc. is rented at any time during the year

Line 17 - Mobile Home Attachments

For each type of mobile home attachment (awnings, carports, patio roofs, trailer covers, screened porches or rooms, cabanas, open porches, utility rooms, etc.), enter the number of items you owned on January 1, the year of purchase, the size (length X width), and the original installed cost.

Line 20 - Leasehold Improvements, Physical Modifications to Leased Property

If you have made any improvements, including modifications and additions, to property that you leased, list the original cost of the improvements. Group them by type and year of installation.

Examples: slat walls, carpeting, paneling, shelving, cabinets. Attach an itemized list or depreciation schedule of the individual improvements.

Line 22 - Owned by you but rented to another

Enter any equipment you own that is on a loan, rental, or lease basis to others.

Line 23 - Supplies

Enter the average cost of supplies that are on hand. Include expensed supplies, such as stationery and janitorial supplies, linens, and silverware, which you may not have recorded separately on your books.

Include items you carry in your inventory account but do not meet the definition of “inventory” subject to exemption.

DR-405, R. 12/11, Page 4

COLUMN INSTRUCTIONS

List all items of furniture, fixtures, all machinery, equipment, supplies, and certain types of equipment attached to mobile homes. For each item, you must report your estimate of the current fair market value and condition of the item (good, average, poor). Enter all expensed items at original installed cost.

Do not use “various” or “same as last year” in any of the columns. These are not adequate responses and may subject you to penalties for failure to file.

Taxpayer's Estimate of Fair Market Value

You must report the taxpayer's estimate of fair market value of the property in the columns labeled "Taxpayer's Estimate of Fair Market Value." The amount reported is your estimate of the current fair market value of the property.

Original Installed Cost

Report 100% of the original total cost of the property in the columns labeled "Original Installed Cost." This cost includes sales tax, transportation, handling, and installation charges, if incurred. Enter only unadjusted figures in "Original Installed Cost" columns.

The original cost must include the total original installed cost of your equipment, before any allowance for depreciation. Include sales tax, freight- in, handling, and installation costs. If you deducted a trade-in from the invoice price, enter the invoice price. Add back investment credits taken for federal income tax if you deducted those from the original cost. Include all fully depreciated items at original cost, whether written off or not.

Assets Physically Removed

If you physically removed assets last year, complete the columns in the first section of page 2. If you sold, traded, or gave property to another business or person, include the name in the last column.

Leased, Loaned, and Rented Equipment

If you borrowed, rented, or leased equipment from others, enter the name and address of the owner or lessor in the second section of page 2. Include a description of the equipment, year you acquired it, year of manufacture (if known), the monthly rent, the amount it would have originally cost had you bought it new, and indicate if you have an option to buy the equipment at the end of the term.

Question	Answer
Form Name	Property Tax Return Form
Form Length	4 pages
Fillable?	No
Fillable fields	0
Avg. time to fill out	1 min
Other names	broward county tangible personal property tax, broward county tangible personal property tax return form, broward county tangible personal property tax extension, broward county tangible personal property

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