2014 level ii prep class personal property training
DESCRIPTION
2014 Level II Prep Class Personal Property Training. Personal Property. We are going to take a look at how business tangible personal property is pooled into our pooling system. The pooling system is found on the Form 103 Long Form, Schedule A. (provided at the end of this program) - PowerPoint PPT PresentationTRANSCRIPT
Personal Property
2014 Level II Prep ClassPersonal Property Training
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Personal Property
We are going to take a look at how business tangible personal property is pooled into our pooling system.
The pooling system is found on the Form 103 Long Form, Schedule A. (provided at the end of this program)
There are four (4) separate pools and are established as follows:
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2
Personal Property
Pool # 1: this pool is for assets with a Federal Tax Life of one (1) to four (4) years.
Pool # 2: this pool is for assets with a Federal Tax Life of five (5) to eight (8) years.
Pool # 3: this pool is for assets with a Federal Tax Life of nine (9) to twelve (12) years.
Pool # 4: this pool is for assets with a Federal Tax Life of thirteen (13) years and longer.
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Pooling of Assets
There are four (4) things you need to know and do to pool assets.
Identify what is Personal Property
Determine the Federal Tax Life
Determine the Federal Tax Date of Acquisition
Determine the Federal Tax Cost
4
Federal Depreciation Schedule
Joes Manufacturing Company
5
Pooling of Assets
Asset DescriptionIdentify Personal PropertyFederal Tax LifeFederal Acquisition DateFederal Tax CostPressPersonal706/02/2008$100,000ConveyorPersonal702/23/2007 $50,000Delivery TruckExcise3Fork LiftPersonal509/30/2005 $40,000Cutter MachinePersonal812/04/2009 $65,0006
Identify what is Personal Property
Pooling of Assets
The following is Pool # 2 from Form 103 Long.
7
Pooling of Assets
8
Following is the pooling of the depreciable assets that we determined were Personal property in the previous slides.
Pooling of Assets
From the pooling of the assets on the previous slide we arrived at a True Tax Value of $107,600.
What we have to do next is determine if this is above or below the 30% Floor.
In pooling personal property the taxpayer is not allowed to depreciate their personal property below 30% of adjusted cost in Column C.
9
Pooling of Assets
Therefore we are required to take the higher of Column D or 30% of the Adjusted Cost in Column C.
The adjusted cost in Column C is $255,000. This value times 30% is $76,500.
Our Column D value from Slide # 8 is $107,600 and our 30% floor from above is $76,500.
So the True Tax Value in Column D is the greater of the two which is $107,600.
$107,600 would be the value carried to the front of the Form 103 Long Form and is the amount the taxpayer will pay taxes on.
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Personal Property
The example that was just presented is a very simplified version of pooling assets and arriving at a True Tax Value for depreciable assets.
As an assessing official you will not be involved directly with filling out the pooling schedules of taxpayers. However, you may need to review some schedules due to the taxpayer possibly not reporting properly.
You as assessing officials, have the right to request that taxpayers present you with records to backup the amounts they have reported to you.
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Personal Property
Some of the records you would request are as follows:
The latest Federal Tax Return
A detailed Depreciation Schedule
A Balance Sheet
General Ledger
If you make any changes, as a result of this review, you must notify the taxpayer via a Form 113/PP.
This form shows the original filing amount and the value you have established after reviewing the requested records.
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Level II Personal Property
This concludes the Personal Property tutorial and is a reminder that should you have questions you can email these questions to the DLGF.
Please send emails to [email protected].
17
Asset DescriptionFederal Tax CostFederal Tax LifeFederal Tax Purchase Date
Press$100,00076/2/2008
Conveyor$50,00072/23/2007
Delivery Truck$45,00034/15/2008
Fork Lift$40,00059/30/2005
Cutter Machine$65,000812/4/2009
Totals$300,000
Sheet1Asset DescriptionFederal Tax CostFederal Tax LifeFederal
Tax Purchase
DatePress$100,00076/2/08Conveyor$50,00072/23/07Delivery
Truck$45,00034/15/08Fork Lift$40,00059/30/05Cutter
Machine$65,000812/4/09Totals$300,000
Sheet2
Sheet3
Column AColumn BColumn C
Pool 2 (5 - 8 Yr Life)Total CostAdjustmentsAdjusted CostTTV %
19FromTo01-Mar-10 40%
2002-Mar-09To01-Mar-10 40%
2102-Mar-08To01-Mar-0956%
2202-Mar-07To01-Mar-0842%
2302-Mar-06To01-Mar-0732%
2402-Mar-05To01-Mar-0624%
2502-Mar-04To01-Mar-0518%
26PriorTo01-Mar-0415%
27Total Pool Number 2
InputHearing NumberName of TaxpayerFederal ID #Taxing
DistrictTP NameCountyHearing Date03/01/07LocationCounty Auditor's
OfficeDIR Name*Form 103 InputAudit Yr2,0092009Assessment
date39142.0103 RefFederal year end*SIC Code*Sched A:As FiledMath
ErrorsCorrect AmtDepreciable AssetsL1Tot CostL2Adj to Fed$0L3Tot
Cost$0$0n/aL4Air Pol$0L5Real
PropL6ExciseL7PlanesL8Subtotal$0$0n/aL9Full
DeprecL10InstalL11InterestL12Tot Cost$0$0n/aAs FiledMath
ErrorsCorrect AmtL56aTot Pools$0L56bTot AdjL56cAdj Cost$0n/aL56dTot
TTVL5730%$0n/aL58Greater$0n/aL59CIPL60ToolsL61Perm
RetL62InterstateL63Tot Adds$0n/aL64Tot TTV$0$0n/aL65Ab
ObsolL66TTV$0$0n/aSched B:Inventory:As FiledMath ErrorsCorrect
AmtL1RMLine 1L2WIPLine 2L3FGLine 3L4StockLine 4L5SuppLine 5L6Tot
Inv$0n/aLine 6L7aPurchLine 7aL7bSalesLine 7bL7cNet$0$0n/aLine
7cL8Exp InvLine 8L9Consign$0Line 9L10Tot Mar 1$0$0n/aLine 10L11Av
AdjLine 11L12FIFOLine 12L13OHLine 13L14All ExpLine 14L15FreightLine
15L16RoyalLine 16L17TaxesLine 17L18Tot Adds$0$0n/aLine
18L19ExemptLine 19L20Not RecLine 20L21DiscountsLine 21L22Std
ActLine 22L23Tot Ded$0$0n/aLine 23L24Tot Inv$0$0n/aLine
24L2535%$0$0n/aLine 25L26Ab ObsolLine 26L27Tot Adj$0$0n/aLine
27L28Tot TTV$0$0n/aLine 28
HO_RptHEARING OFFICERS REPORT TO THE STATE BOARD OF TAX
COMMISSIONERSName of Taxpayer0Hearing #0County0Date of Hearing as
Originally Scheduled by the Board on39142.0(Month,Day,Year)inCounty
Auditor's Office(Specific Location)Taxpayer and/or
Representative(s) appeared at scheduled hearing. Yes ( ) No ( )If
no, list additional contacts made to continue hearing on contact
sheet.DateTaxpayer and/orHearingRepresentativeEvidence
examinedHeldat Hearingat Hearing(X) Additional Hearings, Contacts
and/or Meetings on Subsidiary Page.|Information and records listed
above were supplied at or subsequent to the|original hearing. This
evidence was considered in making my recommendation.Recommendation
of Hearing Officer:BusinessAssessment as of March 1, 2009Personal
PropertyAssessment by Taxpayer$0Change by Local Assessing
Official$0Local Assessment$00$0Total Recommended$0Taxpayer and/or
Rep. provided copies of worksheet on41604.623862962966Via: U.S.
Mail to:0|Taxpayer and/or Representative was apprised and provided
an opportunity|to discuss the adjustments recommended as a result
of this hearing.Signed: Hearing OfficerJoseph Lukomski, jr.{SELECT
HO_Rpt:A1..HO_Rpt:G58;HO_Rpt:A1}{SET
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"PRINT-MARGIN-RIGHT";".5"}{SET "PRINT-CENTERED";"BOTH"}{SET
"PRINT-ORIENTATION";"PORTRAIT"}{PRINT "SELECTION";1;9999;1;1}
Add_ContFIELD AUDITOR'S REPORT - CONTINUATION PAGEHEARING
#0Additional (H) Hearings, (C) Contacts, and/or (M)
Meetings:Evidence RequestedMethod/Taxpayer and/orEvidenceTo Be
Presented atDateLocationRepresentativeExaminedSubsequent
Hearing{SELECT Add_Cont:A1..Add_Cont:J55;Add_Cont:A1}{SET
"PRINT-HEADER-LEFT-TEXT";""}{SET "PRINT-HEADER-CENTER-TEXT";""}{SET
"PRINT-HEADER-RIGHT-TEXT";""}{SET "PRINT-FOOTER-LEFT-TEXT";"^"}{SET
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Rec_LetSTATE OF INDIANADateXXXBOARD OF TAX
COMMISSIONERSTimeXXX100 North Senate Avenune, Room
N-1058LocationXXXIndianapolis, IN 46204AdminXXX(317) 232-37750Re:
Recommendation concerning the March 1,192009 Personal Property
Assessment Hearing and Review0Dear:Enclosed is a copy of the report
compiled as a result of the aforementioned personal propertyhearing
and review. This report represents the recommended changes in your
valuation thatwill be submitted to the State Board of Tax
Commissioners for its review and approval.The "Summary" portion of
the report shows the recommended changes and the effect
thesechanges will have on the proposed valuation. This schedule
indicates the specificdifferences between the values you originally
reported on the Form 103 and the recommendedvalues established
after an evaluation of the evidence you made available for the
hearingand review.The following summarizes my recommendation:Total
Assessed Value$ -Total Assessment Penalties:$25.00$ -Assessed Value
Subject to20% Penalty$ -An additional hearing date has been set for
XXX at XXX to beheld in XXX. The purpose of the additional hearing
is to allow you theopportunity to question the recommended changes,
voice objections, and present any additional evidence.Pursuant to
50 IAC 4.2-3-7, if you disagree with the recommendation after the
additional hearing, you maysubmit a written request for an
administrative hearing to the State Board of Tax Commissioners.
Therequest must be received by the State Board no later than
XXX,and shouldbe sent to the attention of the Executive Secretary.
A brief or statement of the issues and summary of thelaw(s),
regulations and facts in support of your position must accompany
this request.NOTE: If you fail to appear for the additional
hearing, it will be assumed that you agreewith the recommended
changes and that you have no additional evidence to present
forevaluation.SincerelyJoseph Lukomski, Jr.,Field AuditorPersonal
Property Division{SELECT Rec_Let:A1..Rec_Let:I55;Rec_Let:A1}{SET
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"PRINT-MARGIN-RIGHT";".5"}{SET "PRINT-CENTERED";"BOTH"}{SET
"PRINT-ORIENTATION";"PORTRAIT"}{PRINT "SELECTION";1;9999;1;1}
SummarySUMMARY OF HEARING AND ANALYSIS OF CHANGEHearing
Number0Taxing District0Federal Id #0County0Name of
Taxpayer0ASSESSEDAssessment Date March 1, 2009COSTVALUEDepreciable
and Related Assets$0$0RecapInventory$0$0-Total Assessed Value--Form
103$0Change by Local OfficialsDepr. AssetsLocal Assessment of
Record$0CostTTVTP00Changes Recommended per Hearing and
Review:HO00(with supporting regulatory authority cited)CostAssessed
Value--Depreciable and Related
AssetsDiff00==$0Assets$0______$0CostTTV|Already showing in
Analysis00|Diff. per Recap00|Local Action0|--|Diff to
reconcile00==InventoryInventory1.) Diff. in Reported & Book
values-CostTTV2.) Diff in IC Exemption on Year end vs. February 28,
2005TP00$137,330 times out of state sales percentage of
99%$0HO00--Diff003.) Expensed
Supplies$0$0==Inventory$0$0--CostTTVTotal Assessed Value
Change$0|Already showing in Analysis00|Diff. per Recap00ASSESSMENT
RECOMMENDED PER HEARING AND REVIEW|--Depreciable and Related
Assets$0$0|Diff to reconcile00Inventory$0$0|==Total Assessed
Value0Signed:,Assessor/Auditor Date41604.623862962966Joseph
Lukomski, Jr.1/3 of (f52)0A/V Difference0TTV Difference0{SET
"PRINT-HEADER-LEFT-TEXT";""}{SET "PRINT-HEADER-CENTER-TEXT";""}{SET
"PRINT-HEADER-RIGHT-TEXT";""}{SET "PRINT-FOOTER-LEFT-TEXT";"^"}{SET
"PRINT-FOOTER-CENTER-TEXT";""}{SET
"PRINT-FOOTER-RIGHT-TEXT";""}{SET "PRINT-SIZE";"FIT-ALL"}{SET
"PRINT-MARGIN-TOP";".5"}{SET "PRINT-MARGIN-LEFT";".5"}{SET
"PRINT-MARGIN-RIGHT";".5"}{SET "PRINT-CENTERED";"BOTH"}{SET
"PRINT-ORIENTATION";"PORTRAIT"}{PRINT "SELECTION";1;9999;1;1}
Non_Comp1Hearing0Name of Taxpayer0County0Taxing
District0Federal ID0*** COMPUTATION OF SUBSTANTIAL COMPLIANCE 50
IAC 4.2-3-13(b)(1) ***PER HEARINGAS FILEDDIFFERENCEDEPRECIABLE
ASSETS, OMITTED COST SECTIONTotal Cost, Assessable Depreciable
Personal Property (Schedule A, Line12)$0$0$0Add: Owned Exempt
Property (Schedule A, Lines 4 & 5)$0$0$0Math
Errors$0$0$0Property included on Line 59, 60, 61, or 62, but not
included on Line 12$0$0$0Less: Non-Owned Property not on Books but
included on Schedule A Line 12(Operating Leases) Note: Include
Non-Owned portion of Line 60 and 62if not included on Line
12$0$0$0Total Cost to Determine Amount of Omitted Property (To
Summary Below)$0$0$0INVENTORY, OMITTED COST SECTIONTotal Inventory
Before Special Adjustments (Schedule B, Line 24)$0$0$0Add: Exempt
Property (Schedule B, Line 19)$0$0$0Math Errors$0$0$0Less:
Non-Owned Propert not on Books but included on Line 24 (Consigned
Inventory)$0$0$0Total Cost to Determine Amount of Omitted Property
(To Summary Below)$0$0$0C O S T S U M M A R YDepreciable Assets
From Above$0$0$0Inventory From
Above$0$0$0Totals$0$0$0PercentN/AN/AN/A50 IAC 4.2-3-13(b)
Definition of return not in substantial compliance with this
article. A property tax return not in substantialcompliance with
the provisions of this article, is herein defined as a tax return
that:(1) omits five percent (5%) or more of the cost per books of
the tangible personal property at the tax situs in the
taxingdistrict for which a return is filed; or(2) omits leased
property, consigned inventory and other non-owned personal property
where such omitted property exceedsfive percent (5%) of the total
assessed value of all reported personal property; or(3) filed with
the intent to evade personal property taxes or assessment.{SELECT
Non_Comp1:A1..Non_Comp1:E37;Non_Comp1:A1}{SET
"PRINT-HEADER-LEFT-TEXT";""}{SET "PRINT-HEADER-CENTER-TEXT";""}{SET
"PRINT-HEADER-RIGHT-TEXT";""}{SET "PRINT-FOOTER-LEFT-TEXT";"^"}{SET
"PRINT-FOOTER-CENTER-TEXT";""}{SET
"PRINT-FOOTER-RIGHT-TEXT";""}{SET "PRINT-SIZE";"FIT-ALL"}{SET
"PRINT-MARGIN-TOP";".5"}{SET "PRINT-MARGIN-LEFT";".5"}{SET
"PRINT-MARGIN-RIGHT";".5"}{SET "PRINT-CENTERED";"BOTH"}{SET
"PRINT-ORIENTATION";"PORTRAIT"}{PRINT "SELECTION";1;9999;1;1}
Non__Comp2Hearing0Name of Taxpayer0County0Taxing
District0Federal ID041604.623862962966*** COMPUTATION OF
SUBSTANTIAL COMPLIANCE 50 IAC 4.2-3-13(b)(2) ***PER HEARINGAS
FILEDDIFFERENCELEASED ASSETS, OMITTED COST SECTIONTotal Cost,
Assessable Leased or other Non-Owned Personal Property included on
Schedule A, Line 12$0$0$0Add: Exempt Leased or other Non-Owned
Property (Schedule A, Lines 4 & 5)$0$0$0Math Errors$0$0$0Leased
or other Non-Owned Property included on Line 60 or 62, but not
included onSchedule A, Line 12$0$0$0Total Cost to Determine Amount
of Omitted Leased or other Non-Owned Property$0$0$0LEASED ASSETS,
OMITTED TRUE TAX VALUE SECTIONTotal True Tax Value, Leased or other
Non-Owned Property included in pools$0$0$0Add: True Tax Value of
Exempt Leased or other Non-Owned Property$0$0$0True Tax Value of
Math Errors$0$0$0True Tax Value of Leased or other Non-Owned
Property included on Line 60 or 62, but notincluded on Schedule A,
Line 12$0$0$0Total TTV of Omitted Leased or other Non-Owned
Property (To Summary Below)$0$0$0NON-OWNED INVENTORY, OMITTED COST
SECTIONTotal Cost, Consigned or other Non-Owned Inventory (Schedule
B, Line 9)$0$0$0Add: Math Errors$0$0$0Total Cost to Determine
Amount of Omitted Non-Owned Inventory$0$0$0Valuation Adjustment @
35% of Line Above$0$0$0Total TTV of Omitted Consigned or other
Non-Owned Inventory (To Summary Below)$0$0$0A S S E S S E D V A L U
E S U M M A R YTotal TTV of Omitted Leased or other Non-Owned
Property From Above$0$0$0Total TTV of Omitted Consigned or other
Non-Owned Inventory From Above$0$0$0Totals$0$0$0Omitted Assessed
Value of Leased, Consigned or other Non-Owned Property @ 1/3 of TTV
Above$0$0$0Total Assessed Value of ALL Reported Personal
Property$0PercentN/A50 IAC 4.2-3-13(b) Definition of return not in
substantial compliance with this article. A property tax return not
in substantial compliancewith the provisions of this article, is
herein defined as a tax return that:(1) omits five percent (5%) or
more of the cost per books of the tangible personal property at the
tax situs in the taxing district for whicha return is filed; or(2)
omits leased property, consigned inventory and other non-owned
personal property where such omitted property exceeds five percent
(5%) ofthe total assessed value of all reported personal property;
or(3) filed with the intent to evade personal property taxes or
assessment.{SELECT Non_Comp2:A1..Non_Comp2:E43;Non_Comp2:A1}{SET
"PRINT-HEADER-LEFT-TEXT";""}{SET "PRINT-HEADER-CENTER-TEXT";""}{SET
"PRINT-HEADER-RIGHT-TEXT";""}{SET "PRINT-FOOTER-LEFT-TEXT";"^"}{SET
"PRINT-FOOTER-CENTER-TEXT";""}{SET
"PRINT-FOOTER-RIGHT-TEXT";""}{SET "PRINT-SIZE";"FIT-ALL"}{SET
"PRINT-MARGIN-TOP";".5"}{SET "PRINT-MARGIN-LEFT";".5"}{SET
"PRINT-MARGIN-RIGHT";".5"}{SET "PRINT-CENTERED";"BOTH"}{SET
"PRINT-ORIENTATION";"PORTRAIT"}{PRINT "SELECTION";1;9999;1;1}
Non_Comp3Hearing0Name of Taxpayer0County0Taxing
District0Federal ID0*** UNDERVALUATION PENALTY COMPUTATION 50 IAC
4.2-2-10(d)***PER HEARINGAS FILEDDIFFERENCETotal Cost, Assessable
Depreciable Personal Property (Schedule A, Line 12)$0$0$0Add:
Exempt Personal Property$0$0$0Math Errors$0$0$0Total Cost to
Determine Amount of Omitted Property$0$0$0DEPRECIABLE ASSETS,
OMITTED TRUE TAX VALUE SECTIONTotal True Tax Value of Personal
Property other than Inventory (Schedule A, Line 66)$0$0$0Add:
Interpretive TTV Difference of Exempt Depreciable Personal
Property$0$0$0True Tax Value of Math
Errors$0$354,520($354,520)Total True Tax Value to Determine
Undervaluation (To Summary Below)$0$354,520$0INVENTORY, OMITTED
COST SECTIONTotal Inventory before Special Adjustments (Schedule B,
Line 24)$0$0$0Add: Exempt Personal Property (Schedule B, Line
19)$0$0$0Math Errors$0$0$0Total Cost to Determine Amount of Omitted
Property$0$0$0INVENTORY, OMITTED TRUE TAX VALUE SECTIONTotal True
Tax Value of Inventory$0$0$0Add: Interpretive TTV Difference of
Exempt Inventory$0$0$0True Tax Value of Math Errors$0$0$0Total True
Tax Value to Determine Undervaluation (To Summary Below)$0$0$0O M I
T T E D A S S E S S E D V A L U E S U M M A R YTrue Tax Value of
Depreciable Assets From Above$0$354,520$0True Tax Value of
Inventory From Above$0$0$0Total True Tax Value$0$354,520$0Total
Assessed Value @ 1/3 of TTV (Round All Assessed Values to Nearest
Ten Dollars)$0$118,170$0*** A S S E S S E D V A L U E S U B J E C T
T O P E N A L T Y ***N/APercentN/AN/AN/A50 IAC 4.2-2-10(d) If the
total assessed value that a person reports on a personal property
return is less than the assessed value that theperson is required
by law to report and if the amount of the undervaluation exceeds
five (5%) of the value that should have been reportedreturn, then
the county auditor shall add a penalty of twenty percent (20%) to
the additional taxes finally determined to be due as a resultof the
undervaluation.
SCH_ASchedule ADepreciable Asset SummaryHearing Number0Name of
Taxpayer0Federal ID #0Taxing
District0County041604.623862962966SOURCEPER HEARINGAS
FILEDDIFFERENCETotal PropertyLess: Real
PropertySoftwareDisposalsADD: Interim PurchasesTotal Cost, All
Personal1Property per Books:$0$0$02Adjust to Federal Tax
Basis$0$0$03Total Cost$0$0$04Air Pollution Equipment$0$0$05Water
Pollution Equipment$0$0$06Vehicles Subject to Excise
Tax$0$07Airplanes Subject to Excise Tax$0$0$08Subtotal$0$0$09Assets
Written Off but Still in use$0$0$010ADD: Interim Purchases
Tooling$0$011ADD: Interim Purchases M & E$0$012TOTAL
COST$0$0$056aSch A-1Total All Pools$0$0$056bSch A-1Column B
Adjustments (TOOLING)$0$0$056cSch A-1Adjusted Cost$0$0$056dSch
A-1Assessed Value Per Pools$0$0$057AV @ 30% of Line
56c$0$0$0Greater of Lines 56d and 5758= Tentative True Tax
Value$0$0$0Additions to AV$059Equipment Not Placed In
Service$0$0$060Special Tools, Dies, Jigs, etc$0$0$061Permanently
Retired Equipment$0$0$062Interstate Carrier$0$0$063Total Additions
to AV$0$0$064Total AV before Abnormal Obsolescence$0$0$065Abnormal
Obsolescence$0$066Total AV of Depreciable Assets$0$0$0
POOLINGFederal ID #0Hearing Number0040,238Name of
Taxpayer0041604.623862962966AdjustedCost%AVPool 1 (1 - 4 Yr
Life)13FromTo39873.065%0Column AColumn BColumn CColumn
D1439509.0To39873.065%0Pool 2 (5 - 8 Yr Life)Total
CostAdjustmentsAdjusted CostTTV %True Tax
Value1539143.0To39508.050%019FromTo40238.040%01638778.0To39142.035%02039874.0To40238.040%017PriorTo38777.020%02139509.0To39873.056%018Total
Pool Number
1$0$0$002239143.0To39508.042%02338778.0To39142.032%02438413.0To38777.024%02538048.0To38412.018%026PriorTo38047.015%027Total
Pool Number 2$0$0$0028Pool 3 (9 - 12 Yr
Life)29FromTo39873.0$040%03039509.0To39873.0$0$040%03139143.0To39508.0$0$060%03238778.0To39142.0$0$055%03338413.0To38777.0$0$045%03438048.0To38412.0$0$037%03537682.0To38047.0$0$030%03637317.0To37681.0$0$025%03736952.0To37316.0$0$020%03836587.0To36951.0$0$016%03936221.0To36586.0$0$012%040PriorTo36220.0$0$010%0Total
Pool Number 3$0$0$0041Pool 4 (13 Yr &
Longer)42FromTo39873.0$040%04339509.0To39873.0$0$040%04439143.0To39508.0$0$060%04538778.0To39142.0$0$063%04638413.0To38777.0$0$054%04738048.0To38412.0$0$046%04837682.0To38047.0$0$040%04937317.0To37681.0$0$034%05036952.0To37316.0$0$029%05136587.0To36951.0$0$025%05235856.0To36220.0$0$015%036221.0To36586.0$0$021%05335491.0To35855.0$0$010%054PriorTo35490.0$0$05%055Total
Pool Number 4$0$0$0056TOTAL ALL POOLS$0$0$00(365)(1)
DA_RECSchedule A-241,605DEPRECIABLE ASSET
RECONCILIATIONHearing Number0Taxing District0Federal ID
#0County0Name of Taxpayer012345SourceTotalBalance At1Year
End$0Deletions From2Year End$0Additions To3Year End$04Total March
1$0$0$0$0$05Real Property$06Intangibles$07Excise Vehicles$08Excise
Planes$09Other$010Other$011Other$012Other$013Totals$0$0$0$0$0{SELECT
DA_REC:A1..DA_REC:H36;DA_REC:A1}{SET
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"PRINT-HEADER-RIGHT-TEXT";""}{SET "PRINT-FOOTER-LEFT-TEXT";"^"}{SET
"PRINT-FOOTER-CENTER-TEXT";""}{SET
"PRINT-FOOTER-RIGHT-TEXT";""}{SET "PRINT-SIZE";"FIT-ALL"}{SET
"PRINT-MARGIN-TOP";".5"}DA RECON{SET "PRINT-MARGIN-LEFT";".5"}{SET
"PRINT-MARGIN-RIGHT";".5"}{SET "PRINT-CENTERED";"BOTH"}{SET
"PRINT-ORIENTATION";"LANDSCAPE"}{PRINT
"SELECTION";1;9999;1;1}
CIPSchedule A-CLOSING MACRO$CLOSING MACRO$CIP50 IAC
4.2-6-1cRegulation 16Rule 6 Sec. 1(c)Hearing Number0Taxing
District0Federal ID #0County0Name of
Taxpayer041604.623862962966SOURCE112233445566778899101011111212131314141515161617171818191920202121222223232424252526262727282829293030313132323333343435353636373738383939404041Total
Cost CIP$04142TTV %10%4243TOTAL TTV CIP$043{SELECT
CIP:A1..CIP:G55;CIP:A1}{SET "PRINT-HEADER-LEFT-TEXT";""}{SET
"PRINT-HEADER-CENTER-TEXT";""}{SET
"PRINT-HEADER-RIGHT-TEXT";""}{SET "PRINT-FOOTER-LEFT-TEXT";"^"}{SET
"PRINT-FOOTER-CENTER-TEXT";""}{SET
"PRINT-FOOTER-RIGHT-TEXT";""}{SET "PRINT-SIZE";"FIT-ALL"}{SET
"PRINT-MARGIN-TOP";".5"}{SET "PRINT-MARGIN-LEFT";".5"}{SET
"PRINT-MARGIN-RIGHT";".5"}{SET "PRINT-CENTERED";"BOTH"}{SET
"PRINT-ORIENTATION";"PORTRAIT"}{PRINT "SELECTION";1;9999;1;1}
TOOLSSchedule A-Special Tools50 IAC 4.2-6-2Reg 16Rule 6 Sec.
2Hearing Number041604.623862962966Name of Taxpayer0Federal ID
#0Taxing
District0County0SOURCE11223344556677889910101111121213131414151516161717181819Total
Current Year$01920True Tax Value Percentage30%2021True Tax
Value$021222223232424252526262727282829293030313132Prior Years
Cost$03333True Tax Value Percentage3%3434True Tax Value$03535Total
True Tax Value Special Tools$036{SELECT
TOOLS:A1..TOOLS:G55;TOOLS:A1}{SET "PRINT-HEADER-LEFT-TEXT";""}{SET
"PRINT-HEADER-CENTER-TEXT";""}{SET
"PRINT-HEADER-RIGHT-TEXT";""}{SET "PRINT-FOOTER-LEFT-TEXT";"^"}{SET
"PRINT-FOOTER-CENTER-TEXT";""}{SET
"PRINT-FOOTER-RIGHT-TEXT";""}{SET "PRINT-SIZE";"FIT-ALL"}{SET
"PRINT-MARGIN-TOP";".5"}{SET "PRINT-MARGIN-LEFT";".5"}{SET
"PRINT-MARGIN-RIGHT";".5"}{SET "PRINT-CENTERED";"BOTH"}{SET
"PRINT-ORIENTATION";"PORTRAIT"}{PRINT "SELECTION";1;9999;1;1}
PERMSchedule A-CLOSING MACRO$Permanently Retired EquipmentIAC
50 4.2-4-3Reg 16 Rule 4 Sec. 3Hearing #0Name of Taxpayer0Federal ID
#0Taxing
District0County041604.623862962966SOURCE1122334455667788991010111112121313141415151616171718181919202021212222232324242525262628282929303031313232333334343535363637373838393940Total
Cost Permanently Retired Equipment$04041True Tax Value
Percentage10%4142Total True Tax Value Permanently Retire
Equipment$042{SELECT PERM:A1..PERM:G55;PERM:A1}{SET
"PRINT-HEADER-LEFT-TEXT";""}{SET "PRINT-HEADER-CENTER-TEXT";""}{SET
"PRINT-HEADER-RIGHT-TEXT";""}{SET "PRINT-FOOTER-LEFT-TEXT";"^"}{SET
"PRINT-FOOTER-CENTER-TEXT";""}{SET
"PRINT-FOOTER-RIGHT-TEXT";""}{SET "PRINT-SIZE";"FIT-ALL"}{SET
"PRINT-MARGIN-TOP";".5"}{SET "PRINT-MARGIN-LEFT";".5"}{SET
"PRINT-MARGIN-RIGHT";".5"}{SET "PRINT-CENTERED";"BOTH"}{SET
"PRINT-ORIENTATION";"PORTRAIT"}{PRINT "SELECTION";1;9999;1;1}
ICPHearing Number0Schedule A-Name of Taxpayer0Interstate
Carrier Pooling Schedule41604.623862962966Pool 1 (1 - 4 Yr
Life)Total CostAV %Total
AVFromTo39873.065%$039509.0To39873.065%$039143.0To39508.050%$038778.0To39142.035%$0PriorTo38777.020%$0Total
Pool Number 1$0$0Pool 2 (5 - 8 Yr
Life)FromTo39873.040%$039509.0To39873.040%$039143.0To39508.056%$038778.0To39142.042%$038413.0To38777.032%$038048.0To38412.024%$037682.0To38047.018%$0PriorTo37681.015%$0Total
Pool Number 2$0$0Pool 3 (9 - 12 Yr
Life)FromTo39873.040%$039509.0To39873.040%$039143.0To39508.060%$038778.0To39142.055%$038413.0To38777.045%$038048.0To38412.037%$037682.0To38047.030%$037317.0To37681.025%$036952.0To37316.020%$036587.0To36951.016%$036221.0To36586.012%$0PriorTo36220.010%$0Total
Pool Number 3$0$0Pool 4 (13 Yr &
Longer)FromTo39873.040%$039509.0To39873.040%$039143.0To39508.060%$038778.0To39142.063%$038413.0To38777.054%$038048.0To38412.046%$037682.0To38047.040%$037317.0To37681.034%$036952.0To37316.029%$036587.0To36951.025%$036221.0To36586.021%$035856.0To36220.015%$035491.0To35855.010%$0PriorTo35490.05%$0Total
Pool Number 4$0$0TOTAL ALL POOLS$0$0{SELECT
ICP:A1..ICP:H54;ICP:A1}{SET "PRINT-HEADER-LEFT-TEXT";""}{SET
"PRINT-HEADER-CENTER-TEXT";""}{SET
"PRINT-HEADER-RIGHT-TEXT";""}{SET "PRINT-FOOTER-LEFT-TEXT";"^"}{SET
"PRINT-FOOTER-CENTER-TEXT";""}{SET
"PRINT-FOOTER-RIGHT-TEXT";""}{SET "PRINT-SIZE";"FIT-ALL"}{SET
"PRINT-MARGIN-TOP";".5"}{SET "PRINT-MARGIN-LEFT";".5"}{SET
"PRINT-MARGIN-RIGHT";".5"}{SET "PRINT-CENTERED";"BOTH"}{SET
"PRINT-ORIENTATION";"PORTRAIT"}{PRINT "SELECTION";1;9999;1;1}
ISC41604.623862962966Schedule A-INTERSTATE CARRIERS50 IAC
4.2-10[Regulation 16, Rule 10]Hearing Number0Name of
Taxpayer0Federal ID #0Taxing District0County0CostTrue Tax
ValueTotal Cost or Base Year Value(from Pooling Schedule)$0$030% of
Total Cost$0[Rule 4, Sec 9(a)]Assessed Value to Be
Allocated$0Allocation Factor$0[Rule 10, Sec 3,(f)]Indiana Assessed
Value - Interstate Carriers$0Indiana FleetIndiana FleetIndiana
MilesTotal
MilesMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecemberJanuaryFebruary00Total
Miles00Allocation Factor(Indiana Miles/Total Miles)0.00%{SELECT
ISC:A1..ISC:I48;ISC:A1}{SET "PRINT-HEADER-LEFT-TEXT";""}{SET
"PRINT-HEADER-CENTER-TEXT";""}{SET
"PRINT-HEADER-RIGHT-TEXT";""}{SET "PRINT-FOOTER-LEFT-TEXT";"^"}{SET
"PRINT-FOOTER-CENTER-TEXT";""}{SET
"PRINT-FOOTER-RIGHT-TEXT";""}{SET "PRINT-SIZE";"FIT-ALL"}{SET
"PRINT-MARGIN-TOP";".5"}{SET "PRINT-MARGIN-LEFT";".5"}{SET
"PRINT-MARGIN-RIGHT";".5"}{SET "PRINT-CENTERED";"BOTH"}{SET
"PRINT-ORIENTATION";"PORTRAIT"}{PRINT "SELECTION";1;9999;1;1}
INTANScheudle A-CLOSING MACRO$CLOSING MACRO$Intangible
Assets50 IAC 4.2-1-1(h)Regulation 16Rule 1 Sec. 1(h)Hearing
Number0Name of Taxpayer0Federal ID #0Taxing
District0County041604.623862962966SOURCE112233445566778899101011111212131314141515161617171818191920202121222223232424252526262727282829293030313132323333343435353636373738383939404041Total
Intangible Assets$041{SELECT INTAN:A1..INTAN:I48;INTAN:A1}{SET
"PRINT-HEADER-LEFT-TEXT";""}{SET "PRINT-HEADER-CENTER-TEXT";""}{SET
"PRINT-HEADER-RIGHT-TEXT";""}{SET "PRINT-FOOTER-LEFT-TEXT";"^"}{SET
"PRINT-FOOTER-CENTER-TEXT";""}{SET
"PRINT-FOOTER-RIGHT-TEXT";""}{SET "PRINT-SIZE";"FIT-ALL"}{SET
"PRINT-MARGIN-TOP";".5"}{SET "PRINT-MARGIN-LEFT";".5"}{SET
"PRINT-MARGIN-RIGHT";".5"}{SET "PRINT-CENTERED";"BOTH"}{SET
"PRINT-ORIENTATION";"PORTRAIT"}{PRINT "SELECTION";1;9999;1;1}
DA_ABNSchedule A-Abnormal Obsolescence - Depreciable Assets50
IAC 4.2-4-8Regulation 16Rule 4 Sec. 8Hearing Number0Name of
Taxpayer0Federal ID #0Taxing
District0County041604.623862962966SOURCEAV112233445566778899101011111212131314141515161617171818191920202121222223232424252526262727282829293030313132323333343435Total
True Tax Value Before Abnormal Obsolescence$03536True Tax Value
Adjustment Factor0.00%3637True Tax Value Abnormal Obsolescence
Adjustment$037{SELECT DA_ABN:A1..DA_ABN:G52;DA_ABN:A1}{SET
"PRINT-HEADER-LEFT-TEXT";""}{SET "PRINT-HEADER-CENTER-TEXT";""}{SET
"PRINT-HEADER-RIGHT-TEXT";""}{SET "PRINT-FOOTER-LEFT-TEXT";"^"}{SET
"PRINT-FOOTER-CENTER-TEXT";""}{SET
"PRINT-FOOTER-RIGHT-TEXT";""}{SET "PRINT-SIZE";"FIT-ALL"}{SET
"PRINT-MARGIN-TOP";".5"}{SET "PRINT-MARGIN-LEFT";".5"}{SET
"PRINT-MARGIN-RIGHT";".5"}{SET "PRINT-CENTERED";"BOTH"}{SET
"PRINT-ORIENTATION";"PORTRAIT"}{PRINT "SELECTION";1;9999;1;1}
F_DEPRSchedule A-CLOSING MACRO$Fully Depreciated Assets Not On
Books\A/RVG31~AC2~DACOST15,00050 IAC 4.2-4-3(b)Regulation
16/RVG49~AC3~DATTV9,500Rule 4 Sec 3(b)Hearing Number0Name of
Taxpayer0Federal ID #0Taxing
District0County041604.623862962966SOURCE12132435465768798109111012111312141315141615171618171918201921202221232224232524262527262828292930303131323233333434353536Total
Fully Depreciated Assets$036{SELECT
F_DEPR:A1..F_DEPR:G52;F_DEPR:A1}{SET
"PRINT-HEADER-LEFT-TEXT";""}{SET "PRINT-HEADER-CENTER-TEXT";""}{SET
"PRINT-HEADER-RIGHT-TEXT";""}{SET "PRINT-FOOTER-LEFT-TEXT";"^"}{SET
"PRINT-FOOTER-CENTER-TEXT";""}{SET
"PRINT-FOOTER-RIGHT-TEXT";""}{SET "PRINT-SIZE";"FIT-ALL"}{SET
"PRINT-MARGIN-TOP";".5"}{SET "PRINT-MARGIN-LEFT";".5"}{SET
"PRINT-MARGIN-RIGHT";".5"}{SET "PRINT-CENTERED";"BOTH"}{SET
"PRINT-ORIENTATION";"PORTRAIT"}{PRINT "SELECTION";1;9999;1;1}
LEASDSchedule A-Leased Property50 IAC 4.2-8Regulation 16Rule 4
Sec 8Hearing Number0Name of Taxpayer0Federal ID #0Taxing
District0County041604.623862962966SOURCE112233445566778899101011111212131314141515161617171818191920202121222223232424252526262728282929303031313232333334343535Total
Leased Property$036{SELECT LEASD:A1..LEASD:G52;LEASD:A1}{SET
"PRINT-HEADER-LEFT-TEXT";""}{SET "PRINT-HEADER-CENTER-TEXT";""}{SET
"PRINT-HEADER-RIGHT-TEXT";""}{SET "PRINT-FOOTER-LEFT-TEXT";"^"}{SET
"PRINT-FOOTER-CENTER-TEXT";""}{SET
"PRINT-FOOTER-RIGHT-TEXT";""}{SET "PRINT-SIZE";"FIT-ALL"}{SET
"PRINT-MARGIN-TOP";".5"}{SET "PRINT-MARGIN-LEFT";".5"}{SET
"PRINT-MARGIN-RIGHT";".5"}{SET "PRINT-CENTERED";"BOTH"}{SET
"PRINT-ORIENTATION";"PORTRAIT"}{PRINT "SELECTION";1;9999;1;1}
SCH_BSchedule BInventory SummaryHearing Number0Name of
Taxpayer0Federal ID #0Taxing
District0County041604.623862962966SOURCEPER HEARINGAS
FILEDDIFFERENCELast Recorded Inventory onor before March 1,
200912/28/05 Bal ShRaw Materials$0$0122/28/05 Bal ShWork In
Process$0$0232/28/05 Bal ShFinished Goods$0$034Stock In
Trade$0$0452/28/05 Bal ShSupplies$0$056Total Inventory of
Record$0$0$067Adjustment to March 1$0$0$07812/31/04 FedUnrecorded
Inventory$0$0$089Consigned Inventory$0$0$0910Total 3-1
Inventory$0$0$01011Average Inventory
Adjustment$0$0$011Additions:12Adjust To FIFO$0$01213Mfg Overhead
not included above$0$0$01314Wholesaler / Retailers Allocable
Expense$0$0$01415Freight In$0$0$01516Royalties$0$01617Taxes (other
than income)$0$0$01718Total Additions$0$0$018Deductions:19Exempt
Inventory$0$0$01920Inventory Recorded But Not
Received$0$02021Cash,Trade & Purchase Discounts$0$02122Adjust
from Standard to Actual Cost$0$0$02223Total
Deductions:$0$0$02324Total Inv Before Special
Adjustments$0$0$0242535% Valuation
Adjustment($4,992)$0($4,992)2526Abnormal Obsolescence$0$02627Total
Special Adjustments($4,992)$0($4,992)2728Total AV Form 103 Sch B
Inventory$0$0$02829Total AV Form 102 Sch B Inventory$030Total
Assessed Value of Inventory$0$0$029
RLFWDSCHEDULE B-1INVENTORY UPDATE TO MARCH 150 IAC
4.2-5-6REGULATION 16-RULE 5-SECTION 6Hearing Number0Name of
Taxpayer0Federal ID #0Taxing
District0County011/26/13SOURCE1BEGINNING INVENTORY PER SCHEDULE
B:$02ADD\SUBTRACT PURCHASES INTERIM PERIOD:3Raw
Materials$04Supplies$05Direct Labor$06Overhead$07Stock in
trade$08Freight$09Discounts$010Adjust Accounts
Payable$011SUBTOTAL:$012TOTAL AVAILABLE:$013Add\Subtract Cost Of
Sales Interim Period:14Total Sales Recorded During
Period$015Returns, Allowances$016Adjust For Accounts
Receivable$017Net Sales$018Cost of Goods Sold % (from Line 23
below)19COST OF SALES DURING INTERIM PERIOD:$020INVENTORY AS
COMPUTED TO MARCH 1:$021INVENTORY ADJUSTMENT TO LINE 9, SCHEDULE
B:$022NET SALES$023COST OF GOODS SOLD$0{SELECT
RLFWD:A1..RLFWD:H42;RLFWD:A1}{SET "PRINT-HEADER-LEFT-TEXT";""}{SET
"PRINT-HEADER-CENTER-TEXT";""}{SET
"PRINT-HEADER-RIGHT-TEXT";""}{SET "PRINT-FOOTER-LEFT-TEXT";"^"}{SET
"PRINT-FOOTER-CENTER-TEXT";""}{SET
"PRINT-FOOTER-RIGHT-TEXT";""}{SET "PRINT-SIZE";"FIT-ALL"}{SET
"PRINT-MARGIN-TOP";".5"}{SET "PRINT-MARGIN-LEFT";".5"}{SET
"PRINT-MARGIN-RIGHT";".5"}{SET "PRINT-CENTERED";"BOTH"}{SET
"PRINT-ORIENTATION";"PORTRAIT"}{PRINT "SELECTION";1;9999;1;1}
INV_RECONSchedule B-Inventory ReconcilationHearing Number0Name
of Taxpayer0Federal ID #0Taxing
District0County041604.6238629629661234567Account #TotalAccount
Title1Raw Materials$012Work in Process$023Finished Goods$034Stock
in Trade$045Total Book Inventory$0$0$0$0$0$0$056Adjust To March
1st$067Unrecorded Inventory$078Consigned Inventory$089Total
Inventory On Hand$0$0$0$0$0$0$0910Adjust to
"FIFO"$01011Manufacturing Overhead$01112Allocable
Expenses$01213Freight In$01314Royalties$01415Taxes$01516Inv
Recorded not Received$01617Discounts$01718Adj Standard to
Actual$01819Average Inventory$01920Exempt
Inventory$02021$02122$02223$02324$02425Total Adjusted
Inventory$0$0$0$0$0$0$025{SELECT
INV_RECON:A1..INV_RECON:J39;INV_RECON:A1}{SET
"PRINT-HEADER-LEFT-TEXT";""}{SET "PRINT-HEADER-CENTER-TEXT";""}{SET
"PRINT-HEADER-RIGHT-TEXT";""}{SET "PRINT-FOOTER-LEFT-TEXT";"^"}{SET
"PRINT-FOOTER-CENTER-TEXT";""}{SET
"PRINT-FOOTER-RIGHT-TEXT";""}{SET "PRINT-SIZE";"FIT-ALL"}{SET
"PRINT-MARGIN-TOP";".5"}{SET "PRINT-MARGIN-LEFT";".5"}{SET
"PRINT-MARGIN-RIGHT";".5"}{SET "PRINT-CENTERED";"BOTH"}{SET
"PRINT-ORIENTATION";"LANDSCAPE"}{PRINT
"SELECTION";1;9999;1;1}
AVG_INVSchedule B-Average Inventory50 IAC 4.2-5-9Regulation 16
Rule 5 Sec. 9Hearing Number0Name of Taxpayer0Federal ID #0Taxing
District0County041604.623862962966SOURCERaw MaterialsWIPFinished
GoodsSuppliesOtherStock in TradeTotal
Inventory1January$012February$023March$034April$045May$056June$067July$078August$089September$0910October$01011November$01112December$01214Total$0$0$0$0$0$0$01415Divide
by 12 12 12 12 12 12 12 121616Average
Inventory$0$0$0$0$0$0$01817March 1 Inventory$0$0$0$0$0$02018Average
Adjustment$0$0$0$0$0$0$021{SELECT
AVG_INV:A1..AVG_INV:K30;AVG_INV:A1}{SET
"PRINT-HEADER-LEFT-TEXT";""}{SET "PRINT-HEADER-CENTER-TEXT";""}{SET
"PRINT-HEADER-RIGHT-TEXT";""}{SET "PRINT-FOOTER-LEFT-TEXT";"^"}{SET
"PRINT-FOOTER-CENTER-TEXT";""}{SET
"PRINT-FOOTER-RIGHT-TEXT";""}{SET "PRINT-SIZE";"FIT-ALL"}{SET
"PRINT-MARGIN-TOP";".5"}{SET "PRINT-MARGIN-LEFT";".5"}{SET
"PRINT-MARGIN-RIGHT";".5"}{SET "PRINT-CENTERED";"BOTH"}{SET
"PRINT-ORIENTATION";"LANDSCAPE"}{PRINT
"SELECTION";1;9999;1;1}
OHSchedule B-Overhead50 IAC 4.2-5-4Regulation 16 Rule 5 Sec.
4Hearing Number0Name of Taxpayer0Federal ID #0Taxing
District0County041604.623862962966SOURCE1213243546576879810911101211131214131514161517161817191820192120222123222423252426252726282829293030313132323333343435Total
Overhead$035{SELECT OH:A1..OH:H48;OH:A1}{SET
"PRINT-HEADER-LEFT-TEXT";""}{SET "PRINT-HEADER-CENTER-TEXT";""}{SET
"PRINT-HEADER-RIGHT-TEXT";""}{SET "PRINT-FOOTER-LEFT-TEXT";"^"}{SET
"PRINT-FOOTER-CENTER-TEXT";""}{SET
"PRINT-FOOTER-RIGHT-TEXT";""}{SET "PRINT-SIZE";"FIT-ALL"}{SET
"PRINT-MARGIN-TOP";".5"}{SET "PRINT-MARGIN-LEFT";".5"}{SET
"PRINT-MARGIN-RIGHT";".5"}{SET "PRINT-CENTERED";"BOTH"}{SET
"PRINT-ORIENTATION";"PORTRAIT"}{PRINT "SELECTION";1;9999;1;1}
COMBOSchedule B-Allocable Expenses50 IAC 4.2-5-4Expensed
Supplies50 IAC 4.2-5-8Hearing Number0Name of Taxpayer0Federal ID
#0Taxing District0County0SOURCE1March 1, 1997 Inventory12Allocable
cost %0.0000%2334Allocable costs to add$0455667Section 263A
costs$078Divided by purchases$089910Allocation
percentage0.0000%10111112Total Allocable Expenses$012EXPENSED
SUPPLIES11212/31/04 FedForm 1120 Line 26 Other DeductionsOffice
Supplies2312/31/04 FedForm 1120 Line 26 Other DeductionsCleaning
Supplies3412/31/04 FedSchedule A, Line 5, Other
Costs455667788991010111112121313141415151616171718Total
Cost$018|19Divide by 12 121920Total Expensed Supplies$020{SELECT
COMBO:A1..COMBO:H48;COMBO:A1}{SET "PRINT-HEADER-LEFT-TEXT";""}{SET
"PRINT-HEADER-CENTER-TEXT";""}{SET
"PRINT-HEADER-RIGHT-TEXT";""}{SET "PRINT-FOOTER-LEFT-TEXT";"^"}{SET
"PRINT-FOOTER-CENTER-TEXT";""}{SET
"PRINT-FOOTER-RIGHT-TEXT";""}{SET "PRINT-SIZE";"FIT-ALL"}{SET
"PRINT-MARGIN-TOP";".5"}{SET "PRINT-MARGIN-LEFT";".5"}{SET
"PRINT-MARGIN-RIGHT";".5"}{SET "PRINT-CENTERED";"BOTH"}{SET
"PRINT-ORIENTATION";"PORTRAIT"}{PRINT "SELECTION";1;9999;1;1}
FR_DISCSchedule B-Freight In & Discounts50 IAC
4.2-5-3(d)Regulation 16 Rule 5 Sec. 3(d)Hearing Number0Name of
Taxpayer0Federal ID #0Taxing
District0County041604.623862962966SOURCEFreight
In11223344556677889910101111121213131414151516161717181819192020212122Total
Freight$022Discounts23232424252526262727282829293030313132323333343435Total
Discounts$035{SELECT FR_DISC:A1..FR_DISC:H51;FR_DISC:A1}{SET
"PRINT-HEADER-LEFT-TEXT";""}{SET "PRINT-HEADER-CENTER-TEXT";""}{SET
"PRINT-HEADER-RIGHT-TEXT";""}{SET "PRINT-FOOTER-LEFT-TEXT";"^"}{SET
"PRINT-FOOTER-CENTER-TEXT";""}{SET
"PRINT-FOOTER-RIGHT-TEXT";""}{SET "PRINT-SIZE";"FIT-ALL"}{SET
"PRINT-MARGIN-TOP";".5"}{SET "PRINT-MARGIN-LEFT";".5"}{SET
"PRINT-MARGIN-RIGHT";".5"}{SET "PRINT-CENTERED";"BOTH"}{SET
"PRINT-ORIENTATION";"PORTRAIT"}{PRINT "SELECTION";1;9999;1;1}
TAX_ROYSchedule B-Taxes & Royalties50 IAC
4.2-5-4(f)(g)Regulation 16 Rule 5 Sec. 4(f)(g)Hearing Number0Name
of Taxpayer0Federal ID #0Taxing
District0County041604.623862962966SOURCETaxes1122334455667788991010111112121313141415151616171718181919202021212222232324Total
Taxes$024Royalties25252626272828292930303131323233333434353536363737Total
Royalties$038{SELECT TAX_ROY:A1..TAX_ROY:H52;TAX_ROY:A1}{SET
"PRINT-HEADER-LEFT-TEXT";""}{SET "PRINT-HEADER-CENTER-TEXT";""}{SET
"PRINT-HEADER-RIGHT-TEXT";""}{SET "PRINT-FOOTER-LEFT-TEXT";"^"}{SET
"PRINT-FOOTER-CENTER-TEXT";""}{SET
"PRINT-FOOTER-RIGHT-TEXT";""}{SET "PRINT-SIZE";"FIT-ALL"}{SET
"PRINT-MARGIN-TOP";".5"}{SET "PRINT-MARGIN-LEFT";".5"}{SET
"PRINT-MARGIN-RIGHT";".5"}{SET "PRINT-CENTERED";"BOTH"}{SET
"PRINT-ORIENTATION";"PORTRAIT"}{PRINT "SELECTION";1;9999;1;1}
STD_ACTSchedule B-Standard to Actual50 IAC
4.2-5-4(e)Regulation 15 Rule 5 Sec. 4(e)Hearing Number0Name of
Taxpayer0Federal ID #0Taxing
District0County041604.623862962966SOURCE112233445566778899101011111212131314141515161617171818191920202121222223232424252526262727282829293030313132323333343435353636373738Total
Standard to Actual$038{SELECT
STD_ACT:A1..STD_ACT:H52;STD_ACT:A1}{SET
"PRINT-HEADER-LEFT-TEXT";""}{SET "PRINT-HEADER-CENTER-TEXT";""}{SET
"PRINT-HEADER-RIGHT-TEXT";""}{SET "PRINT-FOOTER-LEFT-TEXT";"^"}{SET
"PRINT-FOOTER-CENTER-TEXT";""}{SET
"PRINT-FOOTER-RIGHT-TEXT";""}{SET "PRINT-SIZE";"FIT-ALL"}{SET
"PRINT-MARGIN-TOP";".5"}{SET "PRINT-MARGIN-LEFT";".5"}{SET
"PRINT-MARGIN-RIGHT";".5"}{SET "PRINT-CENTERED";"BOTH"}{SET
"PRINT-ORIENTATION";"PORTRAIT"}{PRINT "SELECTION";1;9999;1;1}
BOOKEDSchedule B-Inventory Booked but not Received50 IAC
4.2-5-6Regulation 16 Rule 5 Sec. 6Hearing Number0Name of
Taxpayer0Federal ID #0Taxing
District0County041604.623862962966SOURCE1122334455667788991010111112121313141415151616171718181919202021212222232324242525262627272828292930303131323233333434353536363737383839Total
Booked Not Received$039{SELECT BOOKED:A1..BOOKED:H52;BOOKED:A1}{SET
"PRINT-HEADER-LEFT-TEXT";""}{SET "PRINT-HEADER-CENTER-TEXT";""}{SET
"PRINT-HEADER-RIGHT-TEXT";""}{SET "PRINT-FOOTER-LEFT-TEXT";"^"}{SET
"PRINT-FOOTER-CENTER-TEXT";""}{SET
"PRINT-FOOTER-RIGHT-TEXT";""}{SET "PRINT-SIZE";"FIT-ALL"}{SET
"PRINT-MARGIN-TOP";".5"}{SET "PRINT-MARGIN-LEFT";".5"}{SET
"PRINT-MARGIN-RIGHT";".5"}{SET "PRINT-CENTERED";"BOTH"}{SET
"PRINT-ORIENTATION";"PORTRAIT"}{PRINT "SELECTION";1;9999;1;1}
PURCHSchedule B-Purchase Cut Off Test50 IAC 4.2-5-6Regulation
16 Rule 5 Sec. 6Hearing Number0Name of Taxpayer0Federal ID #0Taxing
District0County041604.623862962966SOURCEVendorInvoice #Book
DateDate ReceivedCostAdd
Back1$0139874.02$023$034$045$056$067$078$089$0910$01011$01112$01213$01314$01415$01516$01617$01718$01819$01920$02021$02122$02223$02324$02425$02526$02627$02728TOTAL
PURCHASE CUT OFF TEST$0$02829Sch B-TOTAL SALES CUT OFF
TEST$02930TOTAL CUT OFF ADJUSTMENTS$030{SELECT
PURCH:A1..PURCH:I43;PURCH:A1}{SET "PRINT-HEADER-LEFT-TEXT";""}{SET
"PRINT-HEADER-CENTER-TEXT";""}{SET
"PRINT-HEADER-RIGHT-TEXT";""}{SET "PRINT-FOOTER-LEFT-TEXT";"^"}{SET
"PRINT-FOOTER-CENTER-TEXT";""}{SET
"PRINT-FOOTER-RIGHT-TEXT";""}{SET "PRINT-SIZE";"FIT-ALL"}{SET
"PRINT-MARGIN-TOP";".5"}{SET "PRINT-MARGIN-LEFT";".5"}{SET
"PRINT-MARGIN-RIGHT";".5"}{SET "PRINT-CENTERED";"BOTH"}{SET
"PRINT-ORIENTATION";"LANDSCAPE"}{PRINT
"SELECTION";1;9999;1;1}
SALESSchedule B-Sales Cut Off Test50 IAC 4.2-5-6Regulation 16
Rule 5 Sec. 6Hearing Number0Name of Taxpayer0Federal ID #0Taxing
District0County041604.623862962966SOURCEVendorInvoice #Book
DateDate ShippedCostAdd
Back1$0139873.02$023$034$045$056$067$078$089$0910$01011$01112$01213$01314$01415$01516$01617$01718$01819$01920$02021$02122$02223$02324$02425$02526$02627$02728$02829$02930Total
Sales Cut Off$0$030{SELECT SALES:A1..SA;ES:I43;SALES:A1}{SET
"PRINT-HEADER-LEFT-TEXT";""}{SET "PRINT-HEADER-CENTER-TEXT";""}{SET
"PRINT-HEADER-RIGHT-TEXT";""}{SET "PRINT-FOOTER-LEFT-TEXT";"^"}{SET
"PRINT-FOOTER-CENTER-TEXT";""}{SET
"PRINT-FOOTER-RIGHT-TEXT";""}{SET "PRINT-SIZE";"FIT-ALL"}{SET
"PRINT-MARGIN-TOP";".5"}{SET "PRINT-MARGIN-LEFT";".5"}{SET
"PRINT-MARGIN-RIGHT";".5"}{SET "PRINT-CENTERED";"BOTH"}{SET
"PRINT-ORIENTATION";"LANDSCAPE"}{PRINT
"SELECTION";1;9999;1;1}
CONSIGNSchedule B-Not Owned Inventory50 IAC 4.2-2-4Regulation
16 Rule 2 Sec. 4Hearing Number0Name of Taxpayer0Federal ID #0Taxing
District0County041604.623862962966SOURCE1122334455667788991010111112121313141415151616171718181919202021212222232324242525262627272828292930303131323233333434353536363737383839Total
Not Owned Inventory$039{SELECT
CONSIGN:A1..CONSIGN:H52;COSIGN:A1}{SET
"PRINT-HEADER-LEFT-TEXT";""}{SET "PRINT-HEADER-CENTER-TEXT";""}{SET
"PRINT-HEADER-RIGHT-TEXT";""}{SET "PRINT-FOOTER-LEFT-TEXT";"^"}{SET
"PRINT-FOOTER-CENTER-TEXT";""}{SET
"PRINT-FOOTER-RIGHT-TEXT";""}{SET "PRINT-SIZE";"FIT-ALL"}{SET
"PRINT-MARGIN-TOP";".5"}{SET "PRINT-MARGIN-LEFT";".5"}{SET
"PRINT-MARGIN-RIGHT";".5"}{SET "PRINT-CENTERED";"BOTH"}{SET
"PRINT-ORIENTATION";"PORTRAIT"}{PRINT "SELECTION";1;9999;1;1}
EXEMPTSchedule B-Exempt Inventory50 IAC 4.2-12Regulation 16
Rule 12Hearing Number0Name of Taxpayer0Federal ID #0Taxing
District0County041604.623862962966SOURCE1Sales Records12In State
Shipments2334Out of State Shipments4556Total Shipments0677889Out of
State Sales %910Out of State Sales01011Total Sales01112Out of State
Sales Percent0%12131314141515161617Inventory Eligible for Out of
State
%17181819$019202021212222232324242525262627272828292930303131323233333434353536363737383839Total
Exempt Inventory$039{SELECT EXEMPT:A1..EXEMPT:H52;EXEMPT:A1}{SET
"PRINT-HEADER-LEFT-TEXT";""}{SET "PRINT-HEADER-CENTER-TEXT";""}{SET
"PRINT-HEADER-RIGHT-TEXT";""}{SET "PRINT-FOOTER-LEFT-TEXT";"^"}{SET
"PRINT-FOOTER-CENTER-TEXT";""}{SET
"PRINT-FOOTER-RIGHT-TEXT";""}{SET "PRINT-SIZE";"FIT-ALL"}{SET
"PRINT-MARGIN-TOP";".5"}{SET "PRINT-MARGIN-LEFT";".5"}{SET
"PRINT-MARGIN-RIGHT";".5"}{SET "PRINT-CENTERED";"BOTH"}{SET
"PRINT-ORIENTATION";"PORTRAIT"}{PRINT "SELECTION";1;9999;1;1}
INV_ABNSchedule B-Abnormal Obsolescence50 IAC
4.2-5-14Regulation 16 Rule 5 Sec. 14Hearing Number0Name of
Taxpayer0Federal ID #0Taxing
District0County041604.623862962966SOURCE1122334455667788991010111112121313141415151616171718181919202021212222232324242525262627272828292930303131323233333434353536363737383839Total
Abnormal Obsolescence$041{SELECT
INV_ABN:A1..INV_ABN:H52;INV_ABN:A1}{SET
"PRINT-HEADER-LEFT-TEXT";""}{SET "PRINT-HEADER-CENTER-TEXT";""}{SET
"PRINT-HEADER-RIGHT-TEXT";""}{SET "PRINT-FOOTER-LEFT-TEXT";"^"}{SET
"PRINT-FOOTER-CENTER-TEXT";""}{SET
"PRINT-FOOTER-RIGHT-TEXT";""}{SET "PRINT-SIZE";"FIT-ALL"}{SET
"PRINT-MARGIN-TOP";".5"}{SET "PRINT-MARGIN-LEFT";".5"}{SET
"PRINT-MARGIN-RIGHT";".5"}{SET "PRINT-CENTERED";"BOTH"}{SET
"PRINT-ORIENTATION";"PORTRAIT"}{PRINT "SELECTION";1;9999;1;1}
MULTITaxpayer0Hearing #0Federal ID #0M U L T I - L O C A T I O
N S U M M A R YDistrictLocalTaxpayerSTBPENALTIESCountyTaxing
District NameNumberA/VA/VChangeACTION$25.0020% Of Tax
On$0$0$0$0$0$0{SELECT MULTI:A1..MULTI:I21;MULTI:A1}{SET
"PRINT-HEADER-LEFT-TEXT";""}{SET "PRINT-HEADER-CENTER-TEXT";""}{SET
"PRINT-HEADER-RIGHT-TEXT";""}{SET "PRINT-FOOTER-LEFT-TEXT";"^"}{SET
"PRINT-FOOTER-CENTER-TEXT";""}{SET
"PRINT-FOOTER-RIGHT-TEXT";""}{SET "PRINT-SIZE";"FIT-ALL"}{SET
"PRINT-MARGIN-TOP";".5"}{SET "PRINT-MARGIN-LEFT";".5"}{SET
"PRINT-MARGIN-RIGHT";".5"}{SET "PRINT-CENTERED";"BOTH"}{SET
"PRINT-ORIENTATION";"LANDSCAPE"}{PRINT
"SELECTION";1;9999;1;1}
Pooling2Hearing Number039142.0Name of Taxpayer0County0Taxing
District0ScheduleFederal ID
#0A-2-Depr.PoolAssetYearLifeCodeCostDescription\a{?}~{r 2}~{?}~{r
2}~{?}~0{d}{l 4}0{branch \a}00\b{blank yearlife}00\c{blank
cost}00\s/fs~r00000000000000000000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0000$0--Total
cost$0End of Entry Schedule -------Pool 1Pool 2Pool 3Pool 4Prior
to2,0062,0072,008PRIOR TO2,0032,0042,0052,0062,0072,008Prior
To1,9992,0002,0012,0022,0032,0042,0052,0062,0072,008Prior
To1,9971,9981,9992,0002,0012,0022,0032,0042,0052,0062,0072,008-----------------------------------0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000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Pooling3Hearing Number039142.0/a3{?}{R
2}{?}{R}{?}{R}{?}{R}{?}{D}{l 5}Name of Taxpayer0{branch
/a3}County0Taxing District0SheduleFederal ID
#0A-3Depr.PoolAssetYearLifeCodeCostDescription$0
Quest Page1HEARING #0QUESTIONNAIREGeneral Comments1.Name of
Taxpayer02.Nature of Business*3.Assessment Date:39142.04.Federal
tax year end*5.SIC Code*6.Year acquired or established7.Are there
other locations in Indiana?( ) Yes(X) No8.If yes, was 105 filed?( )
Yes( ) No9.Have other locations been set for review?( ) Yes( )
No10.If no, have other returns been verified?( ) Yes( ) No11.If no
to 9 or 10, explain why:12.Does taxpayer own personal
propertylocated out-of-state?( ) Yes(X) NoIf yes, where?13.Visual
inspection of premises?(X) Yes( ) NoComments:Hearing
Notes14.Taxpayer Representative(s):
Quest Page 215.Power of attorney necessary?( ) Yes( )
No16.Independent accounting firm:( ) CPA( ) LPA( ) OtherName:Did
accounting firm prepare return?( ) Yes( ) No17.Taxpayer reaction to
recommendation:( ) Agrees( ) Partially Agrees( ) DisagreesIf
partially agrees or disagrees, briefly list major areas
ofcontentions:A.B.C.18.Was taxpayer's return in substantial
compliance?( ) Yes( ) NoWere amended returns requested?( ) Yes( )
NoIf return was not in compliance, and amended returns were
notrequested, state why:Other General Information19.How often are
operating statements made?( ) Monthly( ) Annually( ) OtherWho
prepares them20.When was return filed?*Was it timely?( ) Yes( )
NoWas extension given?( ) Yes( ) No(If extension was given, enclose
copy of approved extension.)
Quest Page 321.Did the taxpayer file claims for deduction with
the countyauditor for:Economic Revitalization Area - Form 322
ERA/PP( ) Yes(X) NoResource Recovery System - Form RRS-1( ) Yes(X)
NoMaritime Opportunity District - Form MOD-1( ) Yes(X) NoEnterprise
Zone Inventory Credit - Form EZ-1( ) Yes(X) NoLeased Property22.Is
there any leased, rented, or other not owned propertyon hand?( )
Yes( ) NoDoes taxpayer lease, rent or otherwise provide its
personalproperty to someone else?( ) Yes( ) NoWas not-owned
property in the taxpayer's possession or propertyowned by the
taxpayer, but in another's possession, reported bytaxpayer?( ) Yes(
) NoIf reported by taxpayer, how was the leased property
reported?A.Form 103-N Schedule I, assess to owner?( ) Yes( )
NoorSchedule II, assess as a capital lease to this taxpayer?( )
Yes( ) NoName and address of ownerDescription of propertyIf not
reported on Form 103-N and there is no assessment of record inname
of owner, then assess to this person.B.Form 103-O Schedule I,
assess to owner?( ) Yes( ) NoorSchedule II, assess as capital lease
to the person in possession?( ) Yes( ) NoName and address of person
in possession:Description of propertyIf not reported on Form 103-O
and there is no assessment of record inname of possessor, then
assess to this person.
Quest Page 4Depreciable Assets23.Has Form 103-R been prepared
and presented?( ) Yes(X) No24.Is cost basis per books different
from the Federal Tax Basis?( ) Yes(X) No(If yes, adjust to Federal
Tax Basis per Rule 4, Section 4.)Does taxpayer have any of the
following?25.Air pollution control equipment?( ) Yes(X) NoWas Form
103-P filed?( ) Yes(X) No26.Water pollution control facilities( )
Yes(X) NoWas Form 103-P filed?( ) Yes(X) NoWas certification by the
department ofenvironmental management granted?( ) Yes(X) No(if
certification was granted, include copy.)27.Assets subject to
excise tax?( ) Yes( ) No28.Property subject to interstate mileage
allocation?( ) Yes(X) NoWas Form 103-I filed?( ) Yes(X)
No29.Personal property items included in real property accounts?( )
Yes(X) No30.Real estate items included in personal property
accounts?( ) Yes(X) No31.Equipment not placed in service?( ) Yes(X)
No32.Permanently retired equipment?( ) Yes(X) NoAdjustment claimed
on Form 106?( ) Yes(X) No33.Special tool, dies, jigs, etc.?( )
Yes(X) NoWas Form 103-T filed?( ) Yes(X) No34.Fully depreciated
assets still on hand, but not on depreciationschedule?( ) Yes(X)
NoWhen are fully depreciated assets removed?( ) when fully
depreciated( ) when disposed of35.Was abnormal obsolescence for
depreciable assetsclaimed by taxpayer?( ) Yes(X) NoWas adjustment
shown on Form 106?( ) Yes(X) NoReason(s) for Claim -
Quest Page 5Inventory36.Last physical taken onDollar amount of
physical*Were all items counted, priced and recorded on books?(X)
Yes( ) NoWas this physical taken at federal tax year-end?(X) Yes( )
NoIf no, list dollar amount of ending inventory used for
previousfederal tax return.Dollar amount*. Physical?( ) Yes( )
No37.Did taxpayer report its cost per books?( ) Yes( ) NoIf no,
what adjustments (include dollar amounts) were made toinventory
before it was entered on Lines 1-6 of Schedule B?38.Inventory
valued per books?( ) FIFO( ) LIFO( ) Other39.Are perpetual records
kept?( ) Yes( ) No40.On what basis does taxpayer record accounts
payable?( )Cash( ) Accrual41.When does taxpayer record accounts
payable?( ) monthly( ) year-end only( ) never42.Does taxpayer have
a recorded March 1 inventory?( ) Yes( ) No43.Are purchases and
sales "cut-off" worksheets enclosed?( ) Yes( ) NoIf no, why?44.Was
the average inventory method ever elected?( ) Yes( ) NoWhen?45.List
any mandatory adjustments not reported by taxpayer per Rule5,
Section 4.
Quest Page 646.Are any of the following elements of
costincluded in book inventory:Freight in(X) Yes( ) NoCash
discounts(X) Yes( ) NoSupplies( ) Yes(X) NoRoyalties( ) Yes(X)
NoIntra company profits( ) Yes(X) NoExcise taxes( ) Yes(X)
NoWholesaler or retailer'sallocable expenses( ) Yes(X) No47.Is
there any consigned or not owned inventory on hand?( ) Yes(X) NoIf
yes, is it being reported to the assessor on Form 103-N,Schedule I,
as assessable to (owner)?( ) Yes( ) NoIf consignee is under review
and Form 103-N, Schedule I has notbeen filed and consignee is
unable to establish that the propertyis being assessed and taxed in
the name of the owner, then assessto this person.If consignor is
under review and consigned inventory is not onhand, then cosignor
is to file Form 103 accepting assessmentwhere property is
physically located. Also, consignor is to filea Form 103-O,
Schedule I, notifying the assessor who is inpossession of the
property.48.Any reserve per books for obsolescence?( ) Yes( )
NoInterstate Commerce Exemption49.Does the taxpayer contend that
any are goods exempt underinterstate commerce exemption
provisions?( ) Yes(X) NoIf yes, taxpayer claims goods exempt
under?( ) 6-1.1-10-30(a)( ) 6-1.1-10-30(c)( ) 6-1.1-10-30(b)( )
6-1.1-10-29( ) 6-1.1-10-29.3( ) Foreign TradeZone50.Has the
property been claimed as exempt on Form 103-W or on theproper line
of Schedule B, Form 103?( ) Yes( ) No51.Has the property been
reported on Form 103?( ) Yes( ) No52.Are the goods repackaged?( )
Yes( ) No53.Does the taxpayer have more than one warehouse?( ) Yes(
) No54.Origin of goods?( ) in state( ) out of state( ) both
Quest Page 755.Is the taxpayer able to distinguish his
inventory by physicalcharacteristics or by place of origin?( ) Yes(
) No56.Are any goods purchased or manufactured on contract in
whichtitle is vested in the government?( ) Yes( )
NoManufacturer/Processor( ) not applicable57.Was alternative
inventory method ever elected?( ) Yes( ) NoIf yes, when?*58.Is the
taxpayer using( ) standard( ) job order( ) other59.Are all costs
per Rule 5, Section 5 included in the work-in-process and finished
goods?( ) Yes( ) No60.Are all costs per Rule 5, Section 5 included
in the monthly costsof goods sold calculations?( ) Yes( )
No61.Method of burden absorption*62.How often is burden
applied?*63.Are inventories received from other plants and
divisionswithin the same corporate entity?( ) Yes( ) NoIf yes,
explain valuationCERTIFICATIONAll of the information listed in this
questionnaire, pertinent to this taxpayer, was obtainedduring the
conduct of the hearing and review and if applicable is answered
above orcovered elsewhere in the report.Hearing
OfficerDate41604.623862962966Joseph Lukomsk, Jr.
Column AColumn BColumn CColumn D
Pool 2 (5 - 8 Yr Life)Total CostAdjustmentsAdjusted CostTTV %True Tax Value
FromTo01-Mar-10 40%
02-Mar-09To01-Mar-10$65,000$0$65,00040%$26,000
02-Mar-08To01-Mar-09$100,000$0$100,00056%$56,000
02-Mar-07To01-Mar-0842%
02-Mar-06To01-Mar-07$50,000$0$50,00032%$16,000
02-Mar-05To01-Mar-06$40,000$0$40,00024%$9,600
02-Mar-04To01-Mar-0518%
PriorTo01-Mar-0415%
Total Pool Number 2$255,000$0$255,000$107,600
InputHearing NumberName of TaxpayerFederal ID #Taxing
DistrictTP NameCountyHearing Date03/01/07LocationCounty Auditor's
OfficeDIR Name*Form 103 InputAudit Yr2,0092009Assessment
date39142.0103 RefFederal year end*SIC Code*Sched A:As FiledMath
ErrorsCorrect AmtDepreciable AssetsL1Tot CostL2Adj to Fed$0L3Tot
Cost$0$0n/aL4Air Pol$0L5Real
PropL6ExciseL7PlanesL8Subtotal$0$0n/aL9Full
DeprecL10InstalL11InterestL12Tot Cost$0$0n/aAs FiledMath
ErrorsCorrect AmtL56aTot Pools$0L56bTot AdjL56cAdj Cost$0n/aL56dTot
TTVL5730%$0n/aL58Greater$0n/aL59CIPL60ToolsL61Perm
RetL62InterstateL63Tot Adds$0n/aL64Tot TTV$0$0n/aL65Ab
ObsolL66TTV$0$0n/aSched B:Inventory:As FiledMath ErrorsCorrect
AmtL1RMLine 1L2WIPLine 2L3FGLine 3L4StockLine 4L5SuppLine 5L6Tot
Inv$0n/aLine 6L7aPurchLine 7aL7bSalesLine 7bL7cNet$0$0n/aLine
7cL8Exp InvLine 8L9Consign$0Line 9L10Tot Mar 1$0$0n/aLine 10L11Av
AdjLine 11L12FIFOLine 12L13OHLine 13L14All ExpLine 14L15FreightLine
15L16RoyalLine 16L17TaxesLine 17L18Tot Adds$0$0n/aLine
18L19ExemptLine 19L20Not RecLine 20L21DiscountsLine 21L22Std
ActLine 22L23Tot Ded$0$0n/aLine 23L24Tot Inv$0$0n/aLine
24L2535%$0$0n/aLine 25L26Ab ObsolLine 26L27Tot Adj$0$0n/aLine
27L28Tot TTV$0$0n/aLine 28
HO_RptHEARING OFFICERS REPORT TO THE STATE BOARD OF TAX
COMMISSIONERSName of Taxpayer0Hearing #0County0Date of Hearing as
Originally Scheduled by the Board on39142.0(Month,Day,Year)inCounty
Auditor's Office(Specific Location)Taxpayer and/or
Representative(s) appeared at scheduled hearing. Yes ( ) No ( )If
no, list additional contacts made to continue hearing on contact
sheet.DateTaxpayer and/orHearingRepresentativeEvidence
examinedHeldat Hearingat Hearing(X) Additional Hearings, Contacts
and/or Meetings on Subsidiary Page.|Information and records listed
above were supplied at or subsequent to the|original hearing. This
evidence was considered in making my recommendation.Recommendation
of Hearing Officer:BusinessAssessment as of March 1, 2009Personal
PropertyAssessment by Taxpayer$0Change by Local Assessing
Official$0Local Assessment$00$0Total Recommended$0Taxpayer and/or
Rep. provided copies of worksheet on41604.623946064814Via: U.S.
Mail to:0|Taxpayer and/or Representative was apprised and provided
an opportunity|to discuss the adjustments recommended as a result
of this hearing.Signed: Hearing OfficerJoseph Lukomski, jr.{SELECT
HO_Rpt:A1..HO_Rpt:G58;HO_Rpt:A1}{SET
"PRINT-HEADER-LEFT-TEXT";""}{SET "PRINT-HEADER-CENTER-TEXT";""}{SET
"PRINT-HEADER-RIGHT-TEXT";""}{SET "PRINT-FOOTER-LEFT-TEXT";"^"}{SET
"PRINT-FOOTER-CENTER-TEXT";""}{SET
"PRINT-FOOTER-RIGHT-TEXT";""}{SET "PRINT-SIZE";"FIT-ALL"}{SET
"PRINT-MARGIN-TOP";".5"}{SET "PRINT-MARGIN-LEFT";".5"}{SET
"PRINT-MARGIN-RIGHT";".5"}{SET "PRINT-CENTERED";"BOTH"}{SET
"PRINT-ORIENTATION";"PORTRAIT"}{PRINT "SELECTION";1;9999;1;1}
Add_ContFIELD AUDITOR'S REPORT - CONTINUATION PAGEHEARING
#0Additional (H) Hearings, (C) Contacts, and/or (M)
Meetings:Evidence RequestedMethod/Taxpayer and/orEvidenceTo Be
Presented atDateLocationRepresentativeExaminedSubsequent
Hearing{SELECT Add_Cont:A1..Add_Cont:J55;Add_Cont:A1}{SET
"PRINT-HEADER-LEFT-TEXT";""}{SET "PRINT-HEADER-CENTER-TEXT";""}{SET
"PRINT-HEADER-RIGHT-TEXT";""}{SET "PRINT-FOOTER-LEFT-TEXT";"^"}{SET
"PRINT-FOOTER-CENTER-TEXT";""}{SET
"PRINT-FOOTER-RIGHT-TEXT";""}{SET "PRINT-SIZE";"FIT-ALL"}{SET
"PRINT-MARGIN-TOP";".5"}{SET "PRINT-MARGIN-LEFT";".5"}{SET
"PRINT-MARGIN-RIGHT";".5"}{SET "PRINT-CENTERED";"BOTH"}{SET
"PRINT-ORIENTATION";"PORTRAIT"}{PRINT "SELECTION";1;9999;1;1}
Rec_LetSTATE OF INDIANADateXXXBOARD OF TAX
COMMISSIONERSTimeXXX100 North Senate Avenune, Room
N-1058LocationXXXIndianapolis, IN 46204AdminXXX(317) 232-37750Re:
Recommendation concerning the March 1,192009 Personal Property
Assessment Hearing and Review0Dear:Enclosed is a copy of the report
compiled as a result of the aforementioned personal propertyhearing
and review. This report represents the recommended changes in your
valuation thatwill be submitted to the State Board of Tax
Commissioners for its review and approval.The "Summary" portion of
the report shows the recommended changes and the effect
thesechanges will have on the proposed valuation. This schedule
indicates the specificdifferences between the values you originally
reported on the Form 103 and the recommendedvalues established
after an evaluation of the evidence you made available for the
hearingand review.The following summarizes my recommendation:Total
Assessed Value$ -Total Assessment Penalties:$25.00$ -Assessed Value
Subject to20% Penalty$ -An additional hearing date has been set for
XXX at XXX to beheld in XXX. The purpose of the additional hearing
is to allow you theopportunity to question the recommended changes,
voice objections, and present any additional evidence.Pursuant to
50 IAC 4.2-3-7, if you disagree with the recommendation after the
additional hearing, you maysubmit a written request for an
administrative hearing to the State Board of Tax Commissioners.
Therequest must be received by the State Board no later than
XXX,and shouldbe sent to the attention of the Executive Secretary.
A brief or statement of the issues and summary of thelaw(s),
regulations and facts in support of your position must accompany
this request.NOTE: If you fail to appear for the additional
hearing, it will be assumed that you agreewith the recommended
changes and that you have no additional evidence to present
forevaluation.SincerelyJoseph Lukomski, Jr.,Field AuditorPersonal
Property Division{SELECT Rec_Let:A1..Rec_Let:I55;Rec_Let:A1}{SET
"PRINT-HEADER-LEFT-TEXT";""}{SET "PRINT-HEADER-CENTER-TEXT";""}{SET
"PRINT-HEADER-RIGHT-TEXT";""}{SET "PRINT-FOOTER-LEFT-TEXT";"^"}{SET
"PRINT-FOOTER-CENTER-TEXT";""}{SET
"PRINT-FOOTER-RIGHT-TEXT";""}{SET "PRINT-SIZE";"FIT-ALL"}{SET
"PRINT-MARGIN-TOP";".5"}{SET "PRINT-MARGIN-LEFT";".5"}{SET
"PRINT-MARGIN-RIGHT";".5"}{SET "PRINT-CENTERED";"BOTH"}{SET
"PRINT-ORIENTATION";"PORTRAIT"}{PRINT "SELECTION";1;9999;1;1}
SummarySUMMARY OF HEARING AND ANALYSIS OF CHANGEHearing
Number0Taxing District0Federal Id #0County0Name of
Taxpayer0ASSESSEDAssessment Date March 1, 2009COSTVALUEDepreciable
and Related Assets$0$0RecapInventory$0$0-Total Assessed Value--Form
103$0Change by Local OfficialsDepr. AssetsLocal Assessment of
Record$0CostTTVTP00Changes Recommended per Hearing and
Review:HO00(with supporting regulatory authority cited)CostAssessed
Value--Depreciable and Related
AssetsDiff00==$0Assets$0______$0CostTTV|Already showing in
Analysis00|Diff. per Recap00|Local Action0|--|Diff to
reconcile00==InventoryInventory1.) Diff. in Reported & Book
values-CostTTV2.) Diff in IC Exemption on Year end vs. February 28,
2005TP00$137,330 times out of state sales percentage of
99%$0HO00--Diff003.) Expensed
Supplies$0$0==Inventory$0$0--CostTTVTotal Assessed Value
Change$0|Already showing in Analysis00|Diff. per Recap00ASSESSMENT
RECOMMENDED PER HEARING AND REVIEW|--Depreciable and Related
Assets$0$0|Diff to reconcile00Inventory$0$0|==Total Assessed
Value0Signed:,Assessor/Auditor Date41604.623946064814Joseph
Lukomski, Jr.1/3 of (f52)0A/V Difference0TTV Difference0{SET
"PRINT-HEADER-LEFT-TEXT";""}{SET "PRINT-HEADER-CENTER-TEXT";""}{SET
"PRINT-HEADER-RIGHT-TEXT";""}{SET "PRINT-FOOTER-LEFT-TEXT";"^"}{SET
"PRINT-FOOTER-CENTER-TEXT";""}{SET
"PRINT-FOOTER-RIGHT-TEXT";""}{SET "PRINT-SIZE";"FIT-ALL"}{SET
"PRINT-MARGIN-TOP";".5"}{SET "PRINT-MARGIN-LEFT";".5"}{SET
"PRINT-MARGIN-RIGHT";".5"}{SET "PRINT-CENTERED";"BOTH"}{SET
"PRINT-ORIENTATION";"PORTRAIT"}{PRINT "SELECTION";1;9999;1;1}
Non_Comp1Hearing0Name of Taxpayer0County0Taxing
District0Federal ID0*** COMPUTATION OF SUBSTANTIAL COMPLIANCE 50
IAC 4.2-3-13(b)(1) ***PER HEARINGAS FILEDDIFFERENCEDEPRECIABLE
ASSETS, OMITTED COST SECTIONTotal Cost, Assessable Depreciable
Personal Property (Schedule A, Line12)$0$0$0Add: Owned Exempt
Property (Schedule A, Lines 4 & 5)$0$0$0Math
Errors$0$0$0Property included on Line 59, 60, 61, or 62, but not
included on Line 12$0$0$0Less: Non-Owned Property not on Books but
included on Schedule A Line 12(Operating Leases) Note: Include
Non-Owned portion of Line 60 and 62if not included on Line
12$0$0$0Total Cost to Determine Amount of Omitted Property (To
Summary Below)$0$0$0INVENTORY, OMITTED COST SECTIONTotal Inventory
Before Special Adjustments (Schedule B, Line 24)$0$0$0Add: Exempt
Property (Schedule B, Line 19)$0$0$0Math Errors$0$0$0Less:
Non-Owned Propert not on Books but included on Line 24 (Consigned
Inventory)$0$0$0Total Cost to Determine Amount of Omitted Property
(To Summary Below)$0$0$0C O S T S U M M A R YDepreciable Assets
From Above$0$0$0Inventory From
Above$0$0$0Totals$0$0$0PercentN/AN/AN/A50 IAC 4.2-3-13(b)
Definition of return not in substantial compliance with this
article. A property tax return not in substantialcompliance with
the provisions of this article, is herein defined as a tax return
that:(1) omits five percent (5%) or more of the cost per books of
the tangible personal property at the tax situs in the
taxingdistrict for which a return is filed; or(2) omits leased
property, consigned inventory and other non-owned personal property
where such omitted property exceedsfive percent (5%) of the total
assessed value of all reported personal property; or(3) filed with
the intent to evade personal property taxes or assessment.{SELECT
Non_Comp1:A1..Non_Comp1:E37;Non_Comp1:A1}{SET
"PRINT-HEADER-LEFT-TEXT";""}{SET "PRINT-HEADER-CENTER-TEXT";""}{SET
"PRINT-HEADER-RIGHT-TEXT";""}{SET "PRINT-FOOTER-LEFT-TEXT";"^"}{SET
"PRINT-FOOTER-CENTER-TEXT";""}{SET
"PRINT-FOOTER-RIGHT-TEXT";""}{SET "PRINT-SIZE";"FIT-ALL"}{SET
"PRINT-MARGIN-TOP";".5"}{SET "PRINT-MARGIN-LEFT";".5"}{SET
"PRINT-MARGIN-RIGHT";".5"}{SET "PRINT-CENTERED";"BOTH"}{SET
"PRINT-ORIENTATION";"PORTRAIT"}{PRINT "SELECTION";1;9999;1;1}
Non__Comp2Hearing0Name of Taxpayer0County0Taxing
District0Federal ID041604.623946064814*** COMPUTATION OF
SUBSTANTIAL COMPLIANCE 50 IAC 4.2-3-13(b)(2) ***PER HEARINGAS
FILEDDIFFERENCELEASED ASSETS, OMITTED COST SECTIONTotal Cost,
Assessable Leased or other Non-Owned Personal Property included on
Schedule A, Line 12$0$0$0Add: Exempt Leased or other Non-Owned
Property (Schedule A, Lines 4 & 5)$0$0$0Math Errors$0$0$0Leased
or other Non-Owned Property included on Line 60 or 62, but not
included onSchedule A, Line 12$0$0$0Total Cost to Determine Amount
of Omitted Leased or other Non-Owned Property$0$0$0LEASED ASSETS,
OMITTED TRUE TAX VALUE SECTIONTotal True Tax Value, Leased or other
Non-Owned Property included in pools$0$0$0Add: True Tax Value of
Exempt Leased or other Non-Owned Property$0$0$0True Tax Value of
Math Errors$0$0$0True Tax Value of Leased or other Non-Owned
Property included on Line 60 or 62, but notincluded on Schedule A,
Line 12$0$0$0Total TTV of Omitted Leased or other Non-Owned
Property (To Summary Below)$0$0$0NON-OWNED INVENTORY, OMITTED COST
SECTIONTotal Cost, Consigned or other Non-Owned Inventory (Schedule
B, Line 9)$0$0$0Add: Math Errors$0$0$0Total Cost to Determine
Amount of Omitted Non-Owned Inventory$0$0$0Valuation Adjustment @
35% of Line Above$0$0$0Total TTV of Omitted Consigned or other
Non-Owned Inventory (To Summary Below)$0$0$0A S S E S S E D V A L U
E S U M M A R YTotal TTV of Omitted Leased or other Non-Owned
Property From Above$0$0$0Total TTV of Omitted Consigned or other
Non-Owned Inventory From Above$0$0$0Totals$0$0$0Omitted Assessed
Value of Leased, Consigned or other Non-Owned Property @ 1/3 of TTV
Above$0$0$0Total Assessed Value of ALL Reported Personal
Property$0PercentN/A50 IAC 4.2-3-13(b) Definition of return not in
substantial compliance with this article. A property tax return not
in substantial compliancewith the provisions of this article, is
herein defined as a tax return that:(1) omits five percent (5%) or
more of the cost per books of the tangible personal property at the
tax situs in the taxing district for whicha return is filed; or(2)
omits leased property, consigned inventory and other non-owned
personal property where such omitted property exceeds five percent
(5%) ofthe total assessed value of all reported personal property;
or(3) filed with the intent to evade personal property taxes or
assessment.{SELECT Non_Comp2:A1..Non_Comp2:E43;Non_Comp2:A1}{SET
"PRINT-HEADER-LEFT-TEXT";""}{SET "PRINT-HEADER-CENTER-TEXT";""}{SET
"PRINT-HEADER-RIGHT-TEXT";""}{SET "PRINT-FOOTER-LEFT-TEXT";"^"}{SET
"PRINT-FOOTER-CENTER-TEXT";""}{SET
"PRINT-FOOTER-RIGHT-TEXT";""}{SET "PRINT-SIZE";"FIT-ALL"}{SET
"PRINT-MARGIN-TOP";".5"}{SET "PRINT-MARGIN-LEFT";".5"}{SET
"PRINT-MARGIN-RIGHT";".5"}{SET "PRINT-CENTERED";"BOTH"}{SET
"PRINT-ORIENTATION";"PORTRAIT"}{PRINT "SELECTION";1;9999;1;1}
Non_Comp3Hearing0Name of Taxpayer0County0Taxing
District0Federal ID0*** UNDERVALUATION PENALTY COMPUTATION 50 IAC
4.2-2-10(d)***PER HEARINGAS FILEDDIFFERENCETotal Cost, Assessable
Depreciable Personal Property (Schedule A, Line 12)$0$0$0Add:
Exempt Personal Property$0$0$0Math Errors$0$0$0Total Cost to
Determine Amount of Omitted Property$0$0$0DEPRECIABLE ASSETS,
OMITTED TRUE TAX VALUE SECTIONTotal True Tax Value of Personal
Property other than Inventory (Schedule A, Line 66)$0$0$0Add:
Interpretive TTV Difference of Exempt Depreciable Personal
Property$0$0$0True Tax Value of Math
Errors$0$354,520($354,520)Total True Tax Value to Determine
Undervaluation (To Summary Below)$0$354,520$0INVENTORY, OMITTED
COST SECTIONTotal Inventory before Special Adjustments (Schedule B,
Line 24)$0$0$0Add: Exempt Personal Property (Schedule B, Line
19)$0$0$0Math Errors$0$0$0Total Cost to Determine Amount of Omitted
Property$0$0$0INVENTORY, OMITTED TRUE TAX VALUE SECTIONTotal True
Tax Value of Inventory$0$0$0Add: Interpretive TTV Difference of
Exempt Inventory$0$0$0True Tax Value of Math Errors$0$0$0Total True
Tax Value to Determine Undervaluation (To Summary Below)$0$0$0O M I
T T E D A S S E S S E D V A L U E S U M M A R YTrue Tax Value of
Depreciable Assets From Above$0$354,520$0True Tax Value of
Inventory From Above$0$0$0Total True Tax Value$0$354,520$0Total
Assessed Value @ 1/3 of TTV (Round All Assessed Values to Nearest
Ten Dollars)$0$118,170$0*** A S S E S S E D V A L U E S U B J E C T
T O P E N A L T Y ***N/APercentN/AN/AN/A50 IAC 4.2-2-10(d) If the
total assessed value that a person reports on a personal property
return is less than the assessed value that theperson is required
by law to report and if the amount of the undervaluation exceeds
five (5%) of the value that should have been reportedreturn, then
the county auditor shall add a penalty of twenty percent (20%) to
the additional taxes finally determined to be due as a resultof the
undervaluation.
SCH_ASchedule ADepreciable Asset SummaryHearing Number0Name of
Taxpayer0Federal ID #0Taxing
District0County041604.623946064814SOURCEPER HEARINGAS
FILEDDIFFERENCETotal PropertyLess: Real
PropertySoftwareDisposalsADD: Interim PurchasesTotal Cost, All
Personal1Property per Books:$0$0$02Adjust to Federal Tax
Basis$0$0$03Total Cost$0$0$04Air Pollution Equipment$0$0$05Water
Pollution Equipment$0$0$06Vehicles Subject to Excise
Tax$0$07Airplanes Subject to Excise Tax$0$0$08Subtotal$0$0$09Assets
Written Off but Still in use$0$0$010ADD: Interim Purchases
Tooling$0$011ADD: Interim Purchases M & E$0$012TOTAL
COST$0$0$056aSch A-1Total All Pools$0$0$056bSch A-1Column B
Adjustments (TOOLING)$0$0$056cSch A-1Adjusted Cost$0$0$056dSch
A-1Assessed Value Per Pools$0$0$057AV @ 30% of Line
56c$0$0$0Greater of Lines 56d and 5758= Tentative True Tax
Value$0$0$0Additions to AV$059Equipment Not Placed In
Service$0$0$060Special Tools, Dies, Jigs, etc$0$0$061Permanently
Retired Equipment$0$0$062Interstate Carrier$0$0$063Total Additions
to AV$0$0$064Total AV before Abnormal Obsolescence$0$0$065Abnormal
Obsolescence$0$066Total AV of Depreciable Assets$0$0$0
POOLINGFederal ID #0Hearing Number00Name of
Taxpayer0041604.623946064814AdjustedCost%AVPool 1 (1 - 4 Yr
Life)13FromTo39873.065%0Column AColumn BColumn CColumn
D1439509.0To39873.065%0Pool 2 (5 - 8 Yr Life)Total
CostAdjustmentsAdjusted CostTTV %True Tax
Value1539143.0To39508.050%019FromTo40238.040%01638778.0To39142.035%02039874.0To40238.0$65,000$0$65,00040%$26,00017PriorTo38777.020%02139509.0To39873.0$100,000$0$100,00056%$56,00018Total
Pool Number
1$0$0$002239143.0To39508.042%$02338778.0To39142.0$50,000$0$50,00032%$16,0002438413.0To38777.0$40,000$0$40,00024%$9,6002538048.0To38412.018%$026PriorTo38047.015%$027Total
Pool Number 2$255,000$0$255,000$107,60028Pool 3 (9 - 12 Yr
Life)29FromTo39873.0$040%03039509.0To39873.0$0$040%03139143.0To39508.0$0$060%03238778.0To39142.0$0$055%03338413.0To38777.0$0$045%03438048.0To38412.0$0$037%03537682.0To38047.0$0$030%03637317.0To37681.0$0$025%03736952.0To37316.0$0$020%03836587.0To36951.0$0$016%03936221.0To36586.0$0$012%040PriorTo36220.0$0$010%0Total
Pool Number 3$0$0$0041Pool 4 (13 Yr &
Longer)42FromTo39873.0$040%04339509.0To39873.0$0$040%04439143.0To39508.0$0$060%04538778.0To39142.0$0$063%04638413.0To38777.0$0$054%04738048.0To38412.0$0$046%04837682.0To38047.0$0$040%04937317.0To37681.0$0$034%05036952.0To37316.0$0$029%05136587.0To36951.0$0$025%05235856.0To36220.0$0$015%036221.0To36586.0$0$021%05335491.0To35855.0$0$010%054PriorTo35490.0$0$05%055Total
Pool Number 4$0$0$0056TOTAL ALL POOLS$255,000$0$00(365)(1)
DA_RECSchedule A-241,605DEPRECIABLE ASSET
RECONCILIATIONHearing Number0Taxing District0Federal ID
#0County0Name of Taxpayer012345SourceTotalBalance At1Year
End$0Deletions From2Year End$0Additions To3Year End$04Total March
1$0$0$0$0$05Real Property$06Intangibles$07Excise Vehicles$08Excise
Planes$09Other$010Other$011Other$012Other$013Totals$0$0$0$0$0{SELECT
DA_REC:A1..DA_REC:H36;DA_REC:A1}{SET
"PRINT-HEADER-LEFT-TEXT";""}{SET "PRINT-HEADER-CENTER-TEXT";""}{SET
"PRINT-HEADER-RIGHT-TEXT";""}{SET "PRINT-FOOTER-LEFT-TEXT";"^"}{SET
"PRINT-FOOTER-CENTER-TEXT";""}{SET
"PRINT-FOOTER-RIGHT-TEXT";""}{SET "PRINT-SIZE";"FIT-ALL"}{SET
"PRINT-MARGIN-TOP";".5"}DA RECON{SET "PRINT-MARGIN-LEFT";".5"}{SET
"PRINT-MARGIN-RIGHT";".5"}{SET "PRINT-CENTERED";"BOTH"}{SET
"PRINT-ORIENTATION";"LANDSCAPE"}{PRINT
"SELECTION";1;9999;1;1}
CIPSchedule A-CLOSING MACRO$CLOSING MACRO$CIP50 IAC
4.2-6-1cRegulation 16Rule 6 Sec. 1(c)Hearing Number0Taxing
District0Federal ID #0County0Name of
Taxpayer041604.623946064814SOURCE112233445566778899101011111212131314141515161617171818191920202121222223232424252526262727282829293030313132323333343435353636373738383939404041Total
Cost CIP$04142TTV %10%4243TOTAL TTV CIP$043{SELECT
CIP:A1..CIP:G55;CIP:A1}{SET "PRINT-HEADER-LEFT-TEXT";""}{SET
"PRINT-HEADER-CENTER-TEXT";""}{SET
"PRINT-HEADER-RIGHT-TEXT";""}{SET "PRINT-FOOTER-LEFT-TEXT";"^"}{SET
"PRINT-FOOTER-CENTER-TEXT";""}{SET
"PRINT-FOOTER-RIGHT-TEXT";""}{SET "PRINT-SIZE";"FIT-ALL"}{SET
"PRINT-MARGIN-TOP";".5"}{SET "PRINT-MARGIN-LEFT";".5"}{SET
"PRINT-MARGIN-RIGHT";".5"}{SET "PRINT-CENTERED";"BOTH"}{SET
"PRINT-ORIENTATION";"PORTRAIT"}{PRINT "SELECTION";1;9999;1;1}
TOOLSSchedule A-Special Tools50 IAC 4.2-6-2Reg 16Rule 6 Sec.
2Hearing Number041604.623946064814Name of Taxpayer0Federal ID
#0Taxing
District0County0SOURCE11223344556677889910101111121213131414151516161717181819Total
Current Year$01920True Tax Value Percentage30%2021True Tax
Value$021222223232424252526262727282829293030313132Prior Years
Cost$03333True Tax Value Percentage3%3434True Tax Value$03535Total
True Tax Value Special Tools$036{SELECT
TOOLS:A1..TOOLS:G55;TOOLS:A1}{SET "PRINT-HEADER-LEFT-TEXT";""}{SET
"PRINT-HEADER-CENTER-TEXT";""}{SET
"PRINT-HEADER-RIGHT-TEXT";""}{SET "PRINT-FOOTER-LEFT-TEXT";"^"}{SET
"PRINT-FOOTER-CENTER-TEXT";""}{SET
"PRINT-FOOTER-RIGHT-TEXT";""}{SET "PRINT-SIZE";"FIT-ALL"}{SET
"PRINT-MARGIN-TOP";".5"}{SET "PRINT-MARGIN-LEFT";".5"}{SET
"PRINT-MARGIN-RIGHT";".5"}{SET "PRINT-CENTERED";"BOTH"}{SET
"PRINT-ORIENTATION";"PORTRAIT"}{PRINT "SELECTION";1;9999;1;1}
PERMSchedule A-CLOSING MACRO$Permanently Retired EquipmentIAC
50 4.2-4-3Reg 16 Rule 4 Sec. 3Hearing #0Name of Taxpayer0Federal ID
#0Taxing
District0County041604.623946064814SOURCE1122334455667788991010111112121313141415151616171718181919202021212222232324242525262628282929303031313232333334343535363637373838393940Total
Cost Permanently Retired Equipment$04041True Tax Value
Percentage10%4142Total True Tax Value Permanently Retire
Equipment$042{SELECT PERM:A1..PERM:G55;PERM:A1}{SET
"PRINT-HEADER-LEFT-TEXT";""}{SET "PRINT-HEADER-CENTER-TEXT";""}{SET
"PRINT-HEADER-RIGHT-TEXT";""}{SET "PRINT-FOOTER-LEFT-TEXT";"^"}{SET
"PRINT-FOOTER-CENTER-TEXT";""}{SET
"PRINT-FOOTER-RIGHT-TEXT";""}{SET "PRINT-SIZE";"FIT-ALL"}{SET
"PRINT-MARGIN-TOP";".5"}{SET "PRINT-MARGIN-LEFT";".5"}{SET
"PRINT-MARGIN-RIGHT";".5"}{SET "PRINT-CENTERED";"BOTH"}{SET
"PRINT-ORIENTATION";"PORTRAIT"}{PRINT "SELECTION";1;9999;1;1}
ICPHearing Number0Schedule A-Name of Taxpayer0Interstate
Carrier Pooling Schedule41604.623946064814Pool 1 (1 - 4 Yr
Life)Total CostAV %Total
AVFromTo39873.065%$039509.0To39873.065%$039143.0To39508.050%$038778.0To39142.035%$0PriorTo38777.020%$0Total
Pool Number 1$0$0Pool 2 (5 - 8 Yr
Life)FromTo39873.040%$039509.0To39873.040%$039143.0To39508.056%$038778.0To39142.042%$038413.0To38777.032%$038048.0To38412.024%$037682.0To38047.018%$0PriorTo37681.015%$0Total
Pool Number 2$0$0Pool 3 (9 - 12 Yr
Life)FromTo39873.040%$039509.0To39873.040%$039143.0To39508.060%$038778.0To39142.055%$038413.0To38777.045%$038048.0To38412.037%$037682.0To38047.030%$037317.0To37681.025%$036952.0To37316.020%$036587.0To36951.016%$036221.0To36586.012%$0PriorTo36220.010%$0Total
Pool Number 3$0$0Pool 4 (13 Yr &
Longer)FromTo39873.040%$039509.0To39873.040%$039143.0To39508.060%$038778.0To39142.063%$038413.0To38777.054%$038048.0To38412.046%$037682.0To38047.040%$037317.0To37681.034%$036952.0To37316.029%$036587.0To36951.025%$036221.0To36586.021%$035856.0To36220.015%$035491.0To35855.010%$0PriorTo35490.05%$0Total
Pool Number 4$0$0TOTAL ALL POOLS$0$0{SELECT
ICP:A1..ICP:H54;ICP:A1}{SET "PRINT-HEADER-LEFT-TEXT";""}{SET
"PRINT-HEADER-CENTER-TEXT";""}{SET
"PRINT-HEADER-RIGHT-TEXT";""}{SET "PRINT-FOOTER-LEFT-TEXT";"^"}{SET
"PRINT-FOOTER-CENTER-TEXT";""}{SET
"PRINT-FOOTER-RIGHT-TEXT";""}{SET "PRINT-SIZE";"FIT-ALL"}{SET
"PRINT-MARGIN-TOP";".5"}{SET "PRINT-MARGIN-LEFT";".5"}{SET
"PRINT-MARGIN-RIGHT";".5"}{SET "PRINT-CENTERED";"BOTH"}{SET
"PRINT-ORIENTATION";"PORTRAIT"}{PRINT "SELECTION";1;9999;1;1}
ISC41604.623946064814Schedule A-INTERSTATE CARRIERS50 IAC
4.2-10[Regulation 16, Rule 10]Hearing Number0Name of
Taxpayer0Federal ID #0Taxing District0County0CostTrue Tax
ValueTotal Cost or Base Year Value(from Pooling Schedule)$0$030% of
Total Cost$0[Rule 4, Sec 9(a)]Assessed Value to Be
Allocated$0Allocation Factor$0[Rule 10, Sec 3,(f)]Indiana Assessed
Value - Interstate Carriers$0Indiana FleetIndiana FleetIndiana
MilesTotal
MilesMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecemberJanuaryFebruary00Total
Miles00Allocation Factor(Indiana Miles/Total Miles)0.00%{SELECT
ISC:A1..ISC:I48;ISC:A1}{SET "PRINT-HEADER-LEFT-TEXT";""}{SET
"PRINT-HEADER-CENTER-TEXT";""}{SET
"PRINT-HEADER-RIGHT-TEXT";""}{SET "PRINT-FOOTER-LEFT-TEXT";"^"}{SET
"PRINT-FOOTER-CENTER-TEXT";""}{SET
"PRINT-FOOTER-RIGHT-TEXT";""}{SET "PRINT-SIZE";"FIT-ALL"}{SET
"PRINT-MARGIN-TOP";".5"}{SET "PRINT-MARGIN-LEFT";".5"}{SET
"PRINT-MARGIN-RIGHT";".5"}{SET "PRINT-CENTERED";"BOTH"}{SET
"PRINT-ORIENTATION";"PORTRAIT"}{PRINT "SELECTION";1;9999;1;1}
INTANScheudle A-CLOSING MACRO$CLOSING MACRO$Intangible
Assets50 IAC 4.2-1-1(h)Regulation 16Rule 1 Sec. 1(h)Hearing
Number0Name of Taxpayer0Federal ID #0Taxing
District0County041604.623946064814SOURCE112233445566778899101011111212131314141515161617171818191920202121222223232424252526262727282829293030313132323333343435353636373738383939404041Total
Intangible Assets$041{SELECT INTAN:A1..INTAN:I48;INTAN:A1}{SET
"PRINT-HEADER-LEFT-TEXT";""}{SET "PRINT-HEADER-CENTER-TEXT";""}{SET
"PRINT-HEADER-RIGHT-TEXT";""}{SET "PRINT-FOOTER-LEFT-TEXT";"^"}{SET
"PRINT-FOOTER-CENTER-TEXT";""}{SET
"PRINT-FOOTER-RIGHT-TEXT";""}{SET "PRINT-SIZE";"FIT-ALL"}{SET
"PRINT-MARGIN-TOP";".5"}{SET "PRINT-MARGIN-LEFT";".5"}{SET
"PRINT-MARGIN-RIGHT";".5"}{SET "PRINT-CENTERED";"BOTH"}{SET
"PRINT-ORIENTATION";"PORTRAIT"}{PRINT "SELECTION";1;9999;1;1}
DA_ABNSchedule A-Abnormal Obsolescence - Depreciable Assets50
IAC 4.2-4-8Regulation 16Rule 4 Sec. 8Hearing Number0Name of
Taxpayer0Federal ID #0Taxing
District0County041604.623946064814SOURCEAV112233445566778899101011111212131314141515161617171818191920202121222223232424252526262727282829293030313132323333343435Total
True Tax Value Before Abnormal Obsolescence$03536True Tax Value
Adjustment Factor0.00%3637True Tax Value Abnormal Obsolescence
Adjustment$037{SELECT DA_ABN:A1..DA_ABN:G52;DA_ABN:A1}{SET
"PRINT-HEADER-LEFT-TEXT";""}{SET "PRINT-HEADER-CENTER-TEXT";""}{SET
"PRINT-HEADER-RIGHT-TEXT";""}{SET "PRINT-FOOTER-LEFT-TEXT";"^"}{SET
"PRINT-FOOTER-CENTER-TEXT";""}{SET
"PRINT-FOOTER-RIGHT-TEXT";""}{SET "PRINT-SIZE";"FIT-ALL"}{SET
"PRINT-MARGIN-TOP";".5"}{SET "PRINT-MARGIN-LEFT";".5"}{SET
"PRINT-MARGIN-RIGHT";".5"}{SET "PRINT-CENTERED";"BOTH"}{SET
"PRINT-ORIENTATION";"POR