Pasco County, Florida: business personal property tax return, 2027
Businesses in Pasco County report the equipment, furniture, computers and other tangible property they owned on January 1, 2027 to the Pasco County Property Appraiser (county property appraiser) on DR-405. The return is due April 1, 2027, or May 3, 2027 with an extension. The first $25,000 of assessed value per location is exempt; tax applies to value above that. After an initial return, the annual return is waived while value stays at or under $25,000.
Pasco County Property Appraiser does not publish its own depreciation table; the Florida statewide guideline table is applied. The appraiser may use a county-specific table.
No sourced tax rate; tax estimates are unavailable for this county.
Who files
Any business with tangible personal property at a Pasco County location on January 1.
Furniture and fixtures, kitchen and other machinery, computers and point-of-sale systems, signage, leasehold improvements that are trade fixtures, supplies are reported at original cost by year acquired; the appraiser depreciates them on the schedule below. Inventory held for sale, licensed vehicles and intangibles are not reported in Florida.
The exemption applies per location, so a company with three sites in Pasco County files three returns and gets three exemptions.
Deadlines and extensions
- Assessment date
- January 1, 2027
- DR-405 due
- April 1, 2027
- Extension
- To May 3, 2027. Submit the county 'TPP 30 Day Extension Request' form (available on pascopa.gov) before April 1; the 30-day extension under F.S. 193.063 moves the deadline to May 1.
- Notice of value
- August
- Protest deadline
- TRIM notice mailed in August; petition to the Value Adjustment Board within 25 days of the TRIM notice date (county TPP page; F.S. 194.011(3)(d)) — the September deadline is printed on the notice. (County Value Adjustment Board (petition filed with the Clerk of the VAB; special magistrates hear TPP petitions))
- Bills
- November 1 (taxes are due and payable November 1, or as soon thereafter as the certified tax roll is received by the tax collector — F.S. 197.333). Due: Delinquent April 1 following the year of assessment (or 60 days after mailing of the original tax notice, whichever is later) — F.S. 197.333. Early-payment discounts under F.S. 197.162: 4% within 30 days after the tax notice is sent (November), 3% in December, 2% in January, 1% in February, 0% in March.
Exemption
The first $25,000 of assessed value per location is exempt; tax applies to value above that. After an initial return, the annual return is waived while value stays at or under $25,000.
- Statute
- Fla. Stat. § 196.183
- In force
- Tax years 2008–present
- Under the threshold
- An initial DR-405 must be filed to claim the exemption (the return is the application). In later years the annual return is waived while the value listed on the return stays at or below $25,000; a return is required again in any year the value exceeds $25,000, and the waiver can be regained only by filing a return showing value at or below $25,000. By February 1 the property appraiser mails a notice (optional form DR-405W) to waived taxpayers reminding them a return is required if value exceeds the exemption.
- As stated by the county
- $25,000 — Amendment 1 (effective January 1, 2008): businesses with less than $25,000 in assets need not file annually after an initial return; the exemption continues while assets stay at or below $25,000; waived filers who exceed $25,000 must file on time or face penalties.
Depreciation schedule
Pasco County Property Appraiser does not publish its own table; the Florida Department of Revenue guideline table is applied by default, and the appraiser may use a county-specific one.
| Class | Life | Percent good, years 1 → 6 |
|---|---|---|
| 4-year economic life | 4 yr | 83% · 65% · 43% · 24% · 18% |
| 5-year economic life | 5 yr | 85% · 69% · 52% · 34% · 23% · 18% |
| 6-year economic life | 6 yr | 87% · 73% · 57% · 41% · 30% · 23% |
| 7-year economic life | 7 yr | 89% · 76% · 62% · 48% · 37% · 28% |
| 8-year economic life | 8 yr | 90% · 79% · 67% · 54% · 43% · 33% |
| 9-year economic life | 9 yr | 91% · 82% · 72% · 61% · 51% · 41% |
| 10-year economic life | 10 yr | 92% · 84% · 76% · 67% · 58% · 49% |
| 11-year economic life | 11 yr | 93% · 86% · 78% · 70% · 62% · 54% |
| 12-year economic life | 12 yr | 94% · 87% · 80% · 73% · 66% · 58% |
| 13-year economic life | 13 yr | 94% · 88% · 82% · 75% · 69% · 62% |
| 14-year economic life | 14 yr | 95% · 89% · 84% · 77% · 71% · 65% |
| 15-year economic life | 15 yr | 95% · 90% · 85% · 79% · 73% · 68% |
| 16-year economic life | 16 yr | 96% · 91% · 86% · 81% · 75% · 71% |
| 17-year economic life | 17 yr | 96% · 91% · 87% · 82% · 77% · 73% |
| 18-year economic life | 18 yr | 96% · 92% · 88% · 83% · 79% · 75% |
| 19-year economic life | 19 yr | 97% · 93% · 89% · 85% · 81% · 77% |
| 20-year economic life | 20 yr | 97% · 93% · 90% · 86% · 82% · 78% |
| 25-year economic life | 25 yr | 98% · 95% · 93% · 90% · 87% · 84% |
| 30-year economic life | 30 yr | 98% · 97% · 95% · 93% · 91% · 89% |
Source: leepa.org/webforms/tangible/Untrended%20Depreciation.pdf
County does not publish its own percent-good table; DOR Standard Measures of Value (Rule 12D-51.002) table applied. The appraiser may apply a county-specific table. The Pasco TPP page publishes no depreciation, percent-good or economic-life table (checked 2026-11-02).
How to file
By email to tpp@pascopa.com.
- By mail
- Pasco County Property Appraiser, TPP Department, PO Box 401, Dade City, FL 33526
- By email
- tpp@pascopa.com
- Form
- DR-405 — Tangible Personal Property Tax Return (rev. R. 01/18 (Rule 12D-16.002, F.A.C.))
No e-file portal: the TPP page says to submit the DR-405 (and the county's TPP Asset Listing, Change of Information, Agent Authorization and DR-492 forms) 'by e-mail or mail' — e-mail tpp@pascopa.com or mail to the Dade City PO Box. Forms are published on floridarevenue.com and pascopa.com; no direct form URLs or phone number are printed on the page.
Taxpayers may attach their own asset listing or depreciation schedule.
Penalties
- Late return: 5% of the tax for each month (or part) it is late, capped at 25%.
- No return filed: 25% of the tax.
- Property omitted from a return: 15% of the tax on the omitted property.
- Fraud or intent to evade: 50% of the tax.
F.S. 193.072: 5%/month late (cap 25%), 25% failure to file, 15% unreported property.
Questions
DR-405 is due to Pasco County Property Appraiser by April 1, 2027. A 30-day extension to May 3, 2027 is available: Submit the county 'TPP 30 Day Extension Request' form (available on pascopa.gov) before April 1; the 30-day extension under F.S. 193.063 moves the deadline to May 1.
The first $25,000 of assessed value per location is exempt; tax applies to value above that. After an initial return, the annual return is waived while value stays at or under $25,000.
By email to tpp@pascopa.com. Mailing address: Pasco County Property Appraiser, TPP Department, PO Box 401, Dade City, FL 33526.
Late return: 5% of the tax for each month (or part) it is late, capped at 25%. No return filed: 25% of the tax. Property omitted from a return: 15% of the tax on the omitted property. Fraud or intent to evade: 50% of the tax.
Sources
Every figure above is taken from one of these documents; the date is when Rendition last read it.
- 01Pasco County Property Appraiser — business personal property filing pagepascopa.gov/information-and-tools/tangible-personal-property/read 2026-11-02
- 02DR-405 — Tangible Personal Property Tax Returnfloridarevenue.com/property/Documents/dr405.pdfread 2026-11-02
- 03Exemption rule — Fla. Stat. § 196.183flsenate.gov/Laws/Statutes/2024/196.183read 2026-11-02
- 04Florida statewide depreciation tableleepa.org/webforms/tangible/Untrended%20Depreciation.pdfread 2026-11-02
- 05Penalty statutem.flsenate.gov/Statutes/193.072read 2026-11-02
- 06Florida notice and appeal rulesm.flsenate.gov/statutes/194.011
- 07Tax bill due datem.flsenate.gov/Statutes/197.333read 2026-11-02
- 08Pasco County Property Appraiser websitepascopa.gov
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