Form 3427 Application for Exemption of New Personal Property - Michigan

What Is Form 3427?

This is a legal form that was released by the Michigan Department of Treasury - a government authority operating within Michigan. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form 3427?A: Form 3427 is the Application for Exemption of New Personal Property in Michigan.

Q: Who needs to fill out Form 3427?A: This form needs to be filled out by individuals or businesses in Michigan who want to apply for an exemption on new personal property.

Q: What is the purpose of Form 3427?A: The purpose of Form 3427 is to request an exemption from property taxes on newly acquired personal property in Michigan.

Q: Are there any fees associated with filing Form 3427?A: No, there are no fees associated with filing Form 3427.

Q: When is the deadline to submit Form 3427?A: The deadline to submit Form 3427 is usually on or before February 20th of the tax year in which the exemption is requested.

Q: What information is required on Form 3427?A: Form 3427 requires information such as the taxpayer's name, address, description of property, and the reason for seeking exemption.

Q: What happens after I submit Form 3427?A: After submitting Form 3427, it will be reviewed by the assessor's office and a determination will be made regarding the exemption.

Q: Can I appeal if my Form 3427 is denied?A: Yes, if your Form 3427 is denied, you have the right to appeal the decision.

Q: Is Form 3427 only for personal property?A: Yes, Form 3427 is specifically for the exemption of new personal property in Michigan.