Indiana's Personal Property Online Portal (PPOP-IN) handles Forms 102, 103, and 104 electronically — with roll-forward templates, agent access, and built-in assessor messaging. A filing walkthrough, plus how the $2M exemption changes what you file.
Indiana's 30% BPP floor removal was sold as tax relief, but 2026 assessments can rise. The aggregate-floor math, PPOP-IN shutdown, and post-May 15 fixes.
The 2026 business personal property exemption jumped to $2M in acquisition cost. Most Indianapolis small businesses owe no tax - but you must still file by May 15.
SEA 1 and HEA 1427 raised Indiana's business personal property exemption from $80,000 to $2,000,000 effective with the January 1, 2026 assessment. Most small businesses, rental LLCs, and short-term rental operators now owe zero BPP tax — but the filing requirement stays. Here's what changed and how to claim the exemption on Form 103.