SFFORMS.COM – SF 120A Form – Report of Excess Personal Property (Continuation Sheet) – The 2017 SF 120A form is a report of excess personal property. The form is used by taxpayers to report any property they no longer need and want to get rid of. The form must be filed if the value of the excess property is $5,000 or more. There are several ways to file the form, including online and by mail. The IRS will send you a letter notifying you about the disposition of your excess property.
Download SF 120A Form – Report of Excess Personal Property (Continuation Sheet)
| Form Number | SF 120A Form |
| Form Title | Report of Excess Personal Property (Continuation Sheet) |
| File Size | 693 KB |
| Date | 11/2016 |
What is an SF 120A Form?
The SF 120A form is a continuation sheet for the SF 120 form, which is used to report excess personal property. Federal agencies use this form to report any property that they no longer need or want, and which they plan to dispose of in some way. This can include anything from office equipment and furniture to vehicles and other large items.
The SF 120A form provides additional space for describing the excess property being reported, including details such as its condition, location, and value. It also includes sections for identifying the reporting agency and any recipients of the property, as well as instructions for completing the form correctly.
Overall, the SF 120A form plays an important role in helping federal agencies manage their personal property inventory effectively by ensuring that excess items are properly identified and recorded. By using this form, agencies can streamline their disposal processes while also ensuring compliance with relevant laws and regulations.
What is the Purpose of the SF 120A Form?
The SF 120A form is an essential document used by government agencies to report excess personal property. This form serves as a continuation sheet for the SF 120 Form, which is a report of federal excess personal property. The SF 120A form provides additional space for the agency to list and describe the excess items they have identified.
The purpose of this form is to ensure that all federal agencies are accountable for their excess personal property and that it can be disposed of in accordance with federal laws and regulations. The information provided in the SF 120A form helps identify potential recipients who may be interested in acquiring any surplus property available through government programs such as donation or sale.
In essence, completing this form allows an agency to manage its inventory better and avoid waste while ensuring that taxpayers get maximum value out of their investments. It also helps promote transparency since interested parties can access these forms from GSA’s website or visit www.fedmine.us to see what kind of equipment or supplies are currently available for disposition.
Where Can I Find an SF 120A Form?
If you’re looking to dispose of excess personal property, you’ll need a SF 120A form. This document is used as a continuation sheet for the SF 120 form and provides additional space to list items that are being disposed of. The report of excess personal property form is typically used by government agencies, but it can also be used by individuals or businesses that have been authorized to dispose of government property.
To obtain an SF 120A form, you can visit your local government office or go online to the official General Services Administration (GSA) website. The GSA provides access to several forms including the SF 120A and its instructions. Once downloaded, fill out the necessary information and attach it to your SF 120 report. It’s important to note that there are specific guidelines on how personal property should be disposed of when using this form.
Overall, obtaining an SF 120A form is a straightforward process that anyone can do with just a little bit of research. Whether you’re working for a government agency or simply disposing of excess personal property, having this form filled out properly will ensure compliance with regulations and help streamline the disposal process.
SF 120A Form – Report of Excess Personal Property (Continuation Sheet)
The SF 120A Form – Report of Excess Personal Property (Continuation Sheet) is a supplementary document that is used for reporting any excess personal property beyond the standard SF-120 form. This form serves as an extension to the main report and provides a detailed account of additional items that need to be declared as excess.
The continuation sheet must include specific information such as the description of each item, its condition, quantity, unit price, and total value. It should also contain relevant information about the agency or organization submitting the report, including their name, address, contact details, and any other necessary identification numbers.
It is important to note that this form is only applicable for reporting excess personal property within federal agencies or organizations. If you are required to submit this form, it is crucial that you provide accurate information and follow all guidelines provided by your agency or organization. Failure to do so may result in consequences such as fines or penalties.
SF 120A Form Example
