What are supplies?

Supplies are any item consumed in your business. Examples include:

  • Calculator tape
  • Cleaning supplies
  • Envelopes
  • Fuel
  • Office supplies
  • Paper
  • Pencils
  • Printer cartridges
  • Spare parts
  • Toner


Supplies vary widely depending on the type of business. Materials or supplies that become part of the finished product are considered inventory and therefore not taxable.

Show All Answers

1. What is personal property?
2. How is personal property assessed?
3. How do I complete the Confidential Personal Property Return?
4. The equipment I use is my personal equipment; must I report it?
5. The equipment I use was a gift to me. How do I report this equipment?
6. We have incorporated since our last filing and the assets do not belong to the corporation, do we still have to report them?
7. Most of the equipment I use belongs to friends and family members. I have no idea of the equipment cost. Must I report equipment I do not own?
8. I only rent an office and all the furniture and equipment belongs to the landlord. Do I still have to complete the personal property form?
9. I lease all my equipment. Must I still complete a Personal Property return?
10. I have a business in my home. Do I need to file a Personal Property Return?
11. What are supplies?
12. May I amend my return after it has been filed?
13. Why don't you lower the values on my asset list?
14. I went out of business prior to January 1st. Must I file a return?
15. I sold my business. Do I need to report this information?
16. Does the Assessor prorate taxes between buyer and seller when a business is sold?
17. I went out of business on January 15th, do I need to file a return and pay personal property taxes?
18. I was not open for business on January 1st. Do I need to report?
19. How much is the late filing penalty?
20. We are an exempt organization. Do we need to file a personal property return?
21. We are a non-profit organization, why are we paying taxes on our personal property?
22. What happens if I refuse to file a Personal Property return?
23. How do I know if my business is located in Douglas County?
24. How do I contact the Assessor's Personal Property Section?