INSTRUCTIONS: UTAH APPLICATION FOR EXEMPTION - PERSONAL PROPERTY SCHEDULE B (Form PT-020B)

A Utah non-profit can apply for an exemption on property tax by filing a PT-020 regarding real or personal property used for educational, charitable or religious purposes. If you are filing for an exemption regarding personal property, you must also include a Schedule B form, known as form PT-020B. Both forms are available on the website of the Utah Property Taxes division of the state's Tax Commission.

Utah Application For Exemption - Personal Property Schedule B PT-020B Step 1: The first section requires the name, address, tax ID number and telephone number of the property owner. The next section asks for the property location, the personal property account number (if applicable), and a brief description of the property under consideration.

Utah Application For Exemption - Personal Property Schedule B PT-020B Step 2: Underneath this, a table is provided for you to provide the year of acquisition and the cost of all furniture and fixtures, commercial and industrial equipment, mobile homes and other personal property under consideration. The last line of this table asks for the estimated current value for items whose acquisition cost is unknown.

Utah Application For Exemption - Personal Property Schedule B PT-020B Step 3: Underneath this, a table is provided for information about all motor vehicles you are seeking an exemption on. Provide the license plate number, type of vehicle, the year, make and model, the vehicle or hull identification number (VIN/HIN), and its current location number.

Utah Application For Exemption - Personal Property Schedule B PT-020B Step 4: Question one under "Use of Property" asks if the personal property is used on a specific real property site. If so, give the parcel number or address. If no, state where the personal property is usually maintained. Question two asks you to describe all uses of the personal property and when this use began. Question three asks if this use has been uninterrupted since beginning. If no, explain why. Question four asks if the property was all acquired prior to the tax year in question. If no, state when the property was or will be acquired.

Utah Application For Exemption - Personal Property Schedule B PT-020B Step 5: Question five asks if any of this property is rented or leased. If yes, give the names of the lessor and lessee in the table provided.