Personal Property Filing Penalties

By law, all tangible personal property subject to taxation must be listed and assessed as of the first day of January each year in the name of the owner. Individuals, companies and corporations that own or have tangible personal property subject to their control on January 1st, must list the property with the county appraiser on or before March 15th. When March 15th falls on a day other than a regular business day, the first business day following the deadline is considered timely. [K.S.A. 79-301, 79-303, 79-306, 79-1457] If personal property is not listed or if a rendition is untimely filed, the county appraiser is required by law to apply any applicable penalties. These penalties are set forth in K.S.A. 79-1422 and K.S.A. 79-1427(a) as follows: View Chart 

If a taxpayer fails or refuses to file a rendition or, if the rendition filed does not truly represent all the property, the county appraiser has the duty to investigate, identify, list and value such property in an effort to achieve uniformity and equality. (K.S.A. 79-1411(b) and K.S.A. 79-1461) NOTE: To avoid incurring state mandated penalties, renditions must be filed by the deadline date. Counties have no authority to abate, waive, or refund the penalty mandated by K.S.A. 79-1422. Only the Board of Tax Appeals has the authority to abate, waive, or refund the penalty. 

Show All Answers

1. What is personal property?
2. What personal property is taxable?
3. How is personal property appraised?
4. How is personal property classified and assessed in Kansas?
5. What does the county appraiser do?
6. How does the county appraiser discover taxable personal property?
7. Who needs to list personal property for taxation?
8. Who must sign the personal property rendition?
9. When and where does a taxpayer file a rendition?
10. Personal Property Filing Penalties
11. How does the county appraiser determine personal property values?
12. Do personal property values depreciate every year?
13. How does the county's appraisal affect taxes?
14. When are taxpayers notified of the value of their personal property?
15. What can property owners do if they believe their personal property value is too high?
16. What takes place at the appeal hearing?
17. How are personal property taxes calculated?
18. What is the mill levy?
19. Who is responsible for the taxes due on property that was sold or purchased during the year?
20. Are property taxes prorated between buyer and seller?
21. Are personal property taxes prorated?
22. I sold my property during the year; do I still need to fill out a rendition?
23. When are personal property taxes due?
24. Where can taxpayers find additional information about property taxation?