State Form 57204 (102-ERA) Schedule of Deduction From Assessed Valuation New Farm Equipment in Economic Revitalization Area - Indiana

What Is State Form 57204 (102-ERA)?

This is a legal form that was released by the Indiana Department of Local Government Finance - a government authority operating within Indiana. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is State Form 57204?
A: State Form 57204 is a form used in Indiana to report the schedule of deduction from assessed valuation for new farm equipment in an Economic Revitalization Area.

Q: What is the purpose of State Form 57204?
A: The purpose of State Form 57204 is to report and claim deductions from assessed valuation for new farm equipment in an Economic Revitalization Area.

Q: What is an Economic Revitalization Area in Indiana?
A: An Economic Revitalization Area is a designated area in Indiana where certain tax incentives and deductions are provided to encourage economic development and investment.

Q: What kind of deductions can be claimed using State Form 57204?
A: State Form 57204 allows for deductions from assessed valuation for new farm equipment in an Economic Revitalization Area.

Q: Who needs to use State Form 57204?
A: Farm owners or operators in Indiana who have purchased new farm equipment and qualify for deductions in an Economic Revitalization Area need to use State Form 57204 to claim those deductions.