North Carolina General Statute §105-285 requires that all property subject to taxation must be listed annually within the regular listing period of January 1 through January 31. The North Carolina General Statutes also state that personal property is any property not classified or taxed as real estate or real property. Any taxpayer, individuals or businesses, who own personal property used for income producing purposes, must submit a return each year.Click here for the approved North Carolina Department of Revenue filing instructions.