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Screen VBC-G - Virginia PPT - Chesterfield and Goochland County
Overview
Use this screen to enter information for the Chesterfield County and Goochland County Form PP20 and Form PP22. UltraTax CS automatically transfers information from the
Unit
and Location
fields from the VBReturn screen to this screen.Chesterfield Information
Use this section to complete the Chesterfield County returns.
Tangible personal property leased, rented, or borrowed from others
Use the statement window to enter detailed information pertaining to leased assets in Chesterfield County.
Transferred in or out
Use this statement window to enter the detail of transferred assets required in Chesterfield County. Enter the form code in the column for the corresponding property type, or choose it from the dropdown.
Form | Description |
|---|---|
1 | Form PP20-Business Tangible Property |
2 | Form PP-22-Machinery and Tools |
Idle and unused
Enter the value of machinery and tools in Chesterfield County only if they have been continually idle and unused for a period of at least one year prior to January 1st. Construction-in-progress, occasional, and seasonal use of machinery and tools are not considered "idle and unused" property.
Goochland Information
Use this section to complete the Goochland County returns.
Tangible personal property leased, rented or borrowed from others
Use this statement window to enter detailed information pertaining to leased assets in Goochland County.
Transferred in or out
Use this statement window to enter the detail of transferred assets required in Goochland County. Enter the form code in the column for the corresponding property type, or choose it from the dropdown.
Form | Description |
|---|---|
1 | Form PP20 - Business Tangible Property |
2 | Form PP22 - Machinery and Tools |
Idle and unused
Enter the value of machinery and tools in Goochland County only if they have been continually idle and unused for a period of at least one year prior to January 1st. Construction-in-progress, occasional, and seasonal use of machinery and tools are not considered "idle and unused" property.