Taxable Personal property is defined as tangible, depreciable income producing property including machinery and equipment, furniture and fixtures. This must be filed between January 1st and May 1st of each year.
What is real property?
Real property includes all lots and land, buildings, improvements and mobile homes, which are used for residential, office, commercial, and agricultural purposes.
What is taxable personal property?
Personal property is defined as tangible, depreciable income producing property including machinery and equipment, furniture and fixtures.
Who must file a Nebraska personal property return?
- Anyone that owns or holds any taxable, tangible personal property on January 1, 12:01 a.m. of each year.
- Anyone that leases personal property to another person.
- Anyone that leases personal property from another person.
- Anyone that brings personal property into Thomas County between January 1 at 12:01 a.m. and July 1 must list the property on or before July 31, unless it can be shown that the personal property was purchased after January 1 or that it was listed for assessment in another jurisdiction.
Can I protest my taxes?
No, you can only protest your valuation.
How do I protest my valuation?
First, you should contact the assessor’s office to check that the information on your property is correct. You may file a protest of your valuation with the County Board of Equalization from June 1st through June 30th. You may protest your valuation only, not your tax bill.
At your hearing with the County Board of Equalization you should present evidence that the assessor has valued your property above its market value or that it is not equalized with similar properties in the county.
What if I disagree with the County Board’s determination?
You may then file an appeal to the Tax Equalization and Review Commission.
