Forsyth County, Georgia: business personal property tax return, 2027

Businesses in Forsyth County report the equipment, furniture, computers, inventory and other tangible property they owned on January 1, 2027 to the Forsyth County Board of Assessors (Forsyth County Tax Assessors) (county board of tax assessors) on PT-50P. The return is due April 1, 2027. No tax is owed when the total market value of business personal property per county is at or under $20,000; above that, the full value is taxable (a cliff, not a deduction). A PT-50P is still filed every year.

Form
PT-50P
Tangible Personal Property Tax Return and Supporting Schedules (Business Personal Property Tax Return)
Due
April 1, 2027
no weekend roll
Extension
None
not available
Exemption
$20,000
threshold, per county
Est. tax rate
1%
of market value, typical in-city
Files via
Mail
Forsyth County Tax Assessors, 110 E. Main Street, Suite 260, Cumming, GA 30040
Depreciation
4 classes
statewide table
Notice of value
June
typical mailing

Who files

Any business with tangible personal property at a Forsyth 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 and inventory are reported at original cost by year acquired; the appraiser depreciates them on the schedule below. The threshold is measured on everything the taxpayer owns in the county combined, not per location.

Deadlines and extensions

Assessment date
January 1, 2027
PT-50P due
April 1, 2027 — Personal Property page: 'The filing deadline is April 1st of any given year.' Metered-mail dates are not accepted as the filing date unless counter-stamped by the post office; the county recommends certified mail or tracking. Statewide rule O.C.G.A. § 48-5-18.
Extension
None. Forsyth County Board of Assessors: 'There are no extensions for filing.' Freeport (100% approved): application due on or before April 1; late filing April 2–30 = 66.67%, May 1–31 = 58.33%, June 1 = 50%; 'Failure to file by June 1st shall constitute a waiver of the entire exemption for the year (0.0%).'
Notice of value
June
Protest deadline
45 days after the notice mailing date (O.C.G.A. § 48-5-311). 'The 2026 Annual Notice of Assessments were mailed on June 26, 2026' with appeals due 08/10/2026. Real property appeals may be filed online; 'Personal Property appeals are not accepted via online' — file by mail or in person at the Board of Assessors, 426 Canton Hwy, Cumming, GA 30040 (email/fax not accepted). Heard by the Forsyth County Board of Equalization. (County Board of Equalization (matters of taxability, uniformity and value); alternatively a hearing officer for tangible personal property with aggregate FMV above $200,000 (§ 48-5-311(e)(1)(A)(v)) or binding arbitration (value only). Further appeal to superior court within 30 days of the decision (§ 48-5-311(g)(2)). A written objection to a personal property assessment giving the account number counts as a notice of appeal. Uniform appeal form PT-311A (https://dor.georgia.gov/pt-311a-appeal-assessment-form).)
Bills
Typically August–October (county tax commissioner); e.g. Fulton mails bills ~August 15, Cherokee in September.. Due: December 20 unless the local governing authority sets an earlier date or installments (DOR: 'Unless otherwise specifically stated in the law, property taxes are due by December 20'; some counties use Nov 15, Oct 15, Sept 30 or two installments). Taxpayers have 60 days from the postmark of the bill before interest accrues (DOR County Property Tax Facts).

Exemption

No tax is owed when the total market value of business personal property per county is at or under $20,000; above that, the full value is taxable (a cliff, not a deduction). A PT-50P is still filed every year.

Statute
O.C.G.A. § 48-5-42.1, as amended by Ga. L. 2024, p. 696, § 1 (HB 808; 2024 Ga. Laws 581), ratified by statewide Referendum A on November 5, 2024
In force
Tax years 2025–present
Under the threshold
The PT-50P is still due by April 1 every year. The board of tax assessors determines the county-wide aggregate FMV from the return; if it does not exceed $20,000 the account is exempt and no bill issues. Gwinnett County: 'Personal property valued at $20,000 or less is automatically exempt from ad valorem taxes' but the property 'must be returned, valued, and entered on the tax digest' and owners under the threshold 'receive no bill' (https://www.gwinnettcounty.com/government/departments/county-administrator/assessor/personal-property). No statutory waiver exists.

Depreciation schedule

Georgia applies one statewide depreciation table (4 classes); Forsyth County Board of Assessors (Forsyth County Tax Assessors) uses it.

ClassLifePercent good, years 1 → 6
Group I — typical economic life 5–7 years (e.g. IRS Pub. 946 class 00.13 data handling equipment)7 yr87% · 74% · 58% · 43% · 32% · 26%
Group II — typical economic life 8–12 years (e.g. IRS Pub. 946 class 00.11 office furniture & fixtures; class 57.0 distributive trades & services)11 yr92% · 85% · 78% · 70% · 63% · 54%
Group III — typical economic life 13 years or more16 yr95% · 91% · 87% · 82% · 79% · 75%
Group IV — typical economic life 4 years or less, and all assets in IRS Pub. 946 Asset Class 00.12 (information systems: computers and peripheral equipment)3 yr67% · 54% · 31%

Source: dor.georgia.gov/document/document/appraisal-procedure-manual/download

Statewide composite conversion factors (APM 560-11-10-.08) apply.

How to file

By mail.

By mail
Forsyth County Tax Assessors, 110 E. Main Street, Suite 260, Cumming, GA 30040
Form
PT-50P — Tangible Personal Property Tax Return and Supporting Schedules (Business Personal Property Tax Return) (rev. PT-50P (revised 1/18/2017))

Online filing exists only for Marine personal property ('Marine Personal Property Online', existing account holders, Jan 1–Apr 1); business returns (PT-50P) are mailed or hand-delivered to 110 E. Main Street, Suite 260, Cumming. Phone (770) 781-2106, Mon–Fri 8:30–5:00.

The Board's appeal/assessment-notice page lists the Board of Assessors office at 426 Canton Hwy, Cumming, GA 30040 for appeals — use the Personal Property page's address for returns and confirm on the county's pre-printed return. Forms (PT-50P, PT-50PF, PT-50A, PT-50M, PT-311-A) listed at www.forsythco.com/Departments-Offices/Board-of-Assessors/Forms.

Penalties

  • Late or missing return: 10% of the total tax imposed on the property for the year.
  • Unreturned property assessed by the board: 10% added to the taxable value.
  • Property omitted from a return: 10% of the tax on the omitted property.

Penalty is 10% of the assessment of items not previously returned, per O.C.G.A. § 48-5-299(b). County page states no extensions.

Estimated tax

For a typical in-city location, about 1% of market value.

Tax year 2025 (adopted 8/7/2025): County M&O 4.791 + Fire District 2.805 + County Bond 0.300 (county total 7.896) + Forsyth County Schools M&O 15.208 + School Bonds 1.418 (school total 16.626) = 'Total Millage Rate' 24.522 mills. The City of Cumming levies a small additional city tax not included. Estimate only. Georgia assesses personal property at 40% of fair market value before the rate is applied.

Questions

PT-50P is due to Forsyth County Board of Assessors (Forsyth County Tax Assessors) by April 1, 2027. No extension is available.

No tax is owed when the total market value of business personal property per county is at or under $20,000; above that, the full value is taxable (a cliff, not a deduction). A PT-50P is still filed every year.

By mail. Mailing address: Forsyth County Tax Assessors, 110 E. Main Street, Suite 260, Cumming, GA 30040.

Late or missing return: 10% of the total tax imposed on the property for the year. Unreturned property assessed by the board: 10% added to the taxable value. Property omitted from a return: 10% of the tax on the omitted property.

For a typical in-city location the combined 2025 rate of overlapping taxing units is $2.45 per $100 of assessed value, so about 1% of market value after Georgia's 40% assessment ratio. Your exact rate depends on the city, school district and special districts at the address.

Sources

Every figure above is taken from one of these documents; the date is when Rendition last read it.

  1. 01Forsyth County Board of Assessors (Forsyth County Tax Assessors) — business personal property filing pageforsythco.com/Departments-Offices/Board-of-Assessors/Personalread 2026-11-02
  2. 02PT-50P — Tangible Personal Property Tax Return and Supporting Schedules (Business Personal Property Tax Return)dor.georgia.gov/document/form/pt-50p-tangible-personal-property-tax-return-and-schedules/downloadread 2026-11-02
  3. 03Exemption rule — O.C.G.A. § 48-5-42.1law.justia.com/codes/georgia/title-48/chapter-5/article-2/part-1/section-48-5-42-1read 2026-11-02
  4. 04Georgia statewide depreciation tabledor.georgia.gov/document/document/appraisal-procedure-manual/downloadread 2026-11-02
  5. 05Adopted tax rates used for the estimateforsythco.com/News/forsyth-county-commission-adopts-millage-rates-2025read 2026-11-02
  6. 06Penalty statutelaw.justia.com/codes/georgia/title-48/chapter-5/article-5/part-2/section-48-5-299/read 2026-11-02
  7. 07Notice of value and protest deadlineforsythco.com/assessment-notice
  8. 08Georgia notice and appeal rulesdor.georgia.gov/filing-property-tax-appeal
  9. 09Tax bill due datedor.georgia.gov/property-tax-returns-and-paymentread 2026-11-02
  10. 10Forsyth County Board of Assessors (Forsyth County Tax Assessors) websiteforsythco.com/Departments-Offices/Board-of-Assessors
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