Ithaca, MI · Gratiot County
Eligible Manufacturing Personal Property Tax Exemption Claim and Fair Market Value Report
Manufacturing property claimants file this combined form to request an eligible manufacturing personal property tax exemption and report qualified property values.
What this form is
This combined form claims an eligible manufacturing personal property tax exemption and reports acquisition costs for qualified new and previously existing personal property. It is required for eligible claims when the exemption was not granted in the prior year, the parcel has a new federal employer identification number, or it moved to a new local unit. The form requests taxpayer, parcel, property, certification, and acquisition cost information.
Who needs it
A business claiming the exemption for eligible manufacturing personal property must complete a separate Form 5278 for each parcel that meets the form’s eligibility definition.
How to submit it
Deliver the fully completed form to the assessor of the local unit where the qualified personal property is located, postmarked no later than February 20, 2026.
About notarization
This document is signed and dated without a notary; the signer certifies the information, and the form mentions no notarized or sworn attachment.
How to submit this form
- 1
Download The Form
Download the Form 5278 combined document.
- 2
Complete The Claim
Complete the taxpayer, property location, certification, and fair market value report sections for each parcel.
- 3
Gather Required Attachments
Attach applicable certificate documentation or Form 5467 for elected lessee reporting, as instructed on the form.
- 4
Submit To The Assessor
Deliver the completed form to the assessor of the local unit where the property is located, postmarked by February 20, 2026.
Frequently asked questions
- Do I need a notary for the Eligible Manufacturing Personal Property Tax Exemption Claim?
- No. The form has a signature and date line but no notary block; the signer certifies the information without a notary.
- How do I submit the Form 5278?
- Deliver the fully completed form to the assessor of the local unit where the property is located. It must be postmarked no later than February 20, 2026.
- Who should file this combined document?
- Eligible manufacturing personal property claimants use it to claim the exemption and report qualified property. A separate form is required for each parcel.
- What information does the form request?
- It requests taxpayer and contact information, parcel and property location details, certifications, and acquisition costs for qualified personal property.