Form 762 2018 Return of Tangible Personal Property, Machinery and Tools, and Merchants' Capital - Virginia

Form 762 or the "Return Of Tangible Personal Property, Machinery And Tools, And Merchants' Capital" is a form issued by the Virginia Department of Taxation.

Download a fillable PDF version of the Form 762 down below or find it on the Virginia Department of Taxation Forms website.

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762
2018
RETURN OF TANGIBLE PERSONAL PROPERTY, MACHINERY AND TOOLS,
F
O
AND MERCHANTS’ CAPITAL — FOR LOCAL TAXATION ONLY
R
M
V I R G I N I A
Please print
Your social security number or FEIN
Name
Name of spouse
Spouse’s social security number
Home address
Number and street or rural route
County or City
City, town or post office
State
ZIP Code
District, Ward or Town
PART I TANGIBLE PERSONAL PROPERTY
Business
Fair Market Value
1. Motor vehicles
Model
No. Cylinders
Air Cond.
Fair Market Value
* Leased vehicles for business use
Trade Name of
Date
Number
as Ascertained by
Use
Year
or
or
Yes or
as Listed by
Motor Vehicle
Acquired
Owned
Commissioner
Series
Tonnage
No
Taxpayer
do not qualify for the personal property tax reduction.
Yes or No
of the Revenue
(a)
Automobiles (not daily rental passenger cars)
VIN:
VIN:
(b) Motorcycles
(c) Autocycles
(d) Trucks
(e) Tractors and trailers
(f) Antique motor vehicles
(g) All other motor vehicles and motor homes
2. Manufactured (mobile) offices, campers, travel trailers and recreational camping trailers
Length and
Date
Number
Manufacturer
Year
Model or Series
Cost
Width
Acquired
Owned
3. Manufactured (mobile) homes (see instructions on back)
Length and
Date
Number
Manufacturer
Year
Model or Series
Cost
Width
Acquired
Owned
4.
Boats and Watercraft (Assess the value of all
Over
Under
Length and
Date
Number
Manufacturer
Year
Type
Cost
property which pertains to craft (§58.1-3500))
5 Tons
5 Tons
Horsepower
Acquired
Owned
. . . .
(a) Used for recreation and pleasure only
. . . . . . . . . . . . . .
(b) Boat trailers, etc.
. . . . . . . . . . . . . . . . . . . .
(c) Other
5. Aircraft
Model or
Date
Number
Manufacturer
Year
Cost
Series
Acquired
Owned
(a) Aircraft owned by scheduled air carriers with seating capacity of
no more than 50 persons . . . . . . . . . . . . . . . . . . . . . . . . .
(b) All other aircraft and flight simulators . . . . . . . . . . . . . . . . . . .
6.
Motor vehicles owned/leased by auxiliary police officers, members or auxiliary members of a volunteer rescue squad, fire department or
sheriff’s department or uniformed members of the Virginia Defense Forms (§§58.1-3506(15), (16), (20), (32), and (44)) . . . . . . . . . . . .
7. Motor vehicles owned by a nonprofit organization (§58.1-3506(17)) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8. Heavy construction machinery (attach schedule) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9. Business furniture and listings not returnable as part of merchants’ capital or if not defined as intangible personal property (§58.1-1100). . . . . . . . . . .
10. Furniture and office equipment, including books, used in practicing a profession . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
11. Tools, hand or power, including woodworking equipment and metal lathes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
12.
Farming implements, including gas engines, electric motors, etc., threshing machines, corn huskers, feed cutters, combines, harvesters,
blowers, plows, harrows, rakes, mowers, animal drawn vehicles, peanut pickers, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
13. Tangible personal property used in research and development business . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
14. Tangible personal property, leased, loaned or otherwise made available from federal, state or local government . . . . . . . . . . .
15. Tangible personal property consisting of programmable computer equipment and peripherals used in business . . . . . . . . . . .
16. Miscellaneous and incidental property used in a trade or business . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Value as
Date
Original
Value
Ascertained by
PART II MACHINERY AND TOOLS (see instructions on Page 2)
Acquired
Capitalized
as Listed by
Commissioner
of the Revenue
Cost
Taxpayer
17. Machinery and tools . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
18. Energy conversion equipment of MANUFACTURERS (§58.1-3506) . . . . . . . . . . . . . . . . . . . . . . . . .
Value as
PART III MERCHANTS’ CAPITAL (see instructions on Page 2)
Value
Ascertained by
as Listed by
Commissioner
Taxpayer
of the Revenue
19. Inventory of stock on hand . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
20. Daily rental passenger cars . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
21. All other taxable merchants’ capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
22. Total taxable merchants’ capital (add lines 19,20 and 21) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
PART IV OTHER TANGIBLE PERSONAL PROPERTY
23. Total amount of Part IV from line 31 on the back of the return . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
24. All other tangible personal property not specifically enumerated on this return . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
25. Total (add lines 1-18, 22, 23 and 24) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Download Form 762 2018 Return of Tangible Personal Property, Machinery and Tools, and Merchants' Capital - Virginia

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