INSTRUCTIONS: ARIZONA BUSINESS PROPERTY STATEMENT TAX YEAR 2012 INSTRUCTIONS (Form 82520-I)
Owners of Arizona personal property must file an annual business property statement if sent a form, notice or demand by the county assessor. The form must be obtained from the county assessor's office, but instruction form 82520-I can be obtained from the website maintained by the Arizona Department of Revenue.
Arizona Business Property Statement Tax Year 2012 82520-I Step 1: The first two paragraphs contain general information about completing the business property statement.
Arizona Business Property Statement Tax Year 2012 82520-I Step 2: The next three paragraphs contain information about exemption amounts, appeal procedures and obtaining a personal property manual.
Arizona Business Property Statement Tax Year 2012 82520-I Step 3: The next paragraph contains information about completing section 1.
Arizona Business Property Statement Tax Year 2012 82520-I Step 4: The next paragraph contains information about completing section 2.
Arizona Business Property Statement Tax Year 2012 82520-I Step 5: The next paragraph contains information about not completing section 3.
Arizona Business Property Statement Tax Year 2012 82520-I Step 6: The next five paragraphs concern section 4, including general information about additions and deletions, as well as qualifying and non-qualifying additional depreciation.
Arizona Business Property Statement Tax Year 2012 82520-I Step 7: The next seven paragraphs concern documenting acquisition costs on schedule D (special tools, dyes and molds), schedule E (computers), schedule F (other property such as advertising or warning signs), schedule G (supplies), schedule H (leasehold improvements), and schedule Q (rental video tapes).
Arizona Business Property Statement Tax Year 2012 82520-I Step 8: The four paragraphs of section 5 concern additional information which is required, including documentation for leased or rented property, unowned property and government-owned land.
Arizona Business Property Statement Tax Year 2012 82520-I Step 9: The next paragraph concerns section 6, which is the affirmation of property statement and claim of exemption.
Arizona Business Property Statement Tax Year 2012 82520-I Step 10: The last paragraph notes that you should attach any additional information you feel it is important for the county assessor to be in possession of when valuing your business property.
Arizona Business Property Statement Tax Year 2012 82520-I Step 11: Note that the form should be filed no later than April 1 following the year in question.
