Enlarge image | Form 50-144 Business Personal Property Rendition of Taxable Property CONFIDENTIAL __________________________________ Tax Year __________________________________________________________________________ __________________________________ Appraisal District’s Name Appraisal District Account Number (if known) GENERAL INFORMATION: This form is to render tangible personal property used for the production of income that you own or manage and control as a fiduciary on Jan. 1 of this year (Tax Code Section 22.01). FILING INSTRUCTIONS: This document and all supporting documentation must be filed with the appraisal district office in the county in which the property is taxable. Do not file this document with the Texas Comptroller of Public Accounts. SECTION 1: Business and Situs Information (Required) _______________________________________________________ _____________________________________________________ Business Name Business Owner ______________________________________________________________________________________________________________ Property Location Address, City, State, ZIP Code __________________________________________________________________________ __________________________________ Email Address Phone (area code and number) Ownership Type (Optional) Individual Corporation Partnership Other: ___________________________________________________________________ SECTION 2: Representation Please indicate if you are filing out this form as: Owner, employee, or employee of an affiliated entity of the owner Authorized Agent Fiduciary Secured Party ______________________________________________________________________________________________________________ Name of Owner, Authorized Agent, Fiduciary or Secured Party __________________________________________________________________________ __________________________________ Mailing Address, City, State, ZIP Code Phone (area code and number) Are you a secured party with a security interest in the property subject to this rendition and with a historical cost new of more than $50,000 as defined by Tax Code Section 22.01(c-1) and (c-2)? ...................................................................................................................... Yes No If Yes, attach a document signed by the property owner indicating consent to file the rendition. Without the authorization, the rendition is not valid and cannot be processed. SECTION 3: Affirmation of Prior year Rendition (Check only if applicable and your assets were exactly the same as last year’s rendition form.) By checking this box, I affirm that the information contained in the most recent rendition statement filed for the prior tax year (the ___________ tax year) continues to be complete and accurate for the current tax year. SECTION 4: Business Information (Optional) Please address all that apply: Business type: Manufacturing Wholesale Retail Service New Business __________________________________________________________________________________ __________________________ Business Description Square Feet Occupied ________________________________________ ________________________________________ __________________________ Business Sold Date Business Start Date at Location Sales Tax Permit Number __________________________________________________________________________________ __________________________ New Owner Business Moved Date ________________________________________ ________________________________________ __________________________ New Location City, State ZIP Code Business Closed Date Did assets remain in place as of Jan. 1? ..................................................................................................................... Yes No SECTION 5: Market Value Check the total market value of your property Under $20,000 $20,000 or more If Under $20,000, complete only Schedule A and if applicable, Schedule F. Otherwise, complete Schedule(s) B, C, D, E and/or F, as applicable. SECTION 6: Affirmation and Signature If you make a false statement on this form, you could be found guilty of a Class A misdemeanor or a state jail felony under Penal Code Section 37.10. I, _________________________________________________ , swear or affirm that the information provided in this report is true and accurate to the best of my Printed Name of Authorized Individual knowledge and belief; and that I am authorized as required by law to file and sign this report. NOTE: If the person filing and signing this report is not the property owner, an employee of the property owner, an employee of a property owner signing on behalf of an affiliated entity of the property owner or a secured party as defined by Tax Code Section 22.01, the signature below must be notarized. _______________________________________________________________ ________________________________________ Signature of Authorized Individual Date Subscribed and sworn before me this __________ day of ______________________ _______ , 20 . __________________________________________________________________ Notary Public, State of Texas Form developed by: Texas Comptroller of Public Accounts, Property Tax Assistance Division For additional copies, visit: comptroller.texas.gov/taxes/property-tax 50-144 • 10-22/26 |
Enlarge image | Business Personal Property Rendition of Taxable Property Form 50-144 Did you timely apply for a Sept. 1 inventory date? (Optional).................................. Yes No Does your inventory involve interstate/foreign commerce issues? (Optional) ................... Yes No Does your inventory involve freeport goods? (Optional) ...................................... Yes No Account Number _____________________________ SCHEDULE A: PERSONAL PROPERTY VALUED LESS THAN $20,000 List all taxable personal property by type/category of property (See Definitions and Important Information). If needed, you may attach additional sheets OR a computer-generated copy listing the information below. If you manage or control property as a fiduciary on Jan. 1, also list the names and addresses of each property owner. Good faith estimate of market value or historical cost when new is optional for Schedule A only. Estimate of Good Faith Historical Quantity of Estimate of OR Cost AND Year Property Owner Name/Address General Property Description by Type/Category Each Type Market Value* When New* Acquired* (if you manage or control property as a fiduciary) PERSONAL PROPERTY VALUED AT $20,000 OR MORE SCHEDULE B: INVENTORY, RAW MATERIALS AND WORK IN PROCESS List all taxable inventories by type of property. If needed, attach additional sheets OR a computer-generated copy listing the information below. If you manage or control property as a fiduciary on Jan. 1, also list the names and addresses of each property owner. Estimate of Good Faith Historical Property Address or Quantity of Estimate of OR Cost AND Year Property Owner Name/Address Property Description by Type/Category Address Where Taxable Each Type Market Value* When New* Acquired* (if you manage or control property as a fiduciary) SCHEDULE C: SUPPLIES List all supplies by type of property. If needed attach additional sheets OR a computer generated copy listing the information below. If you manage or control property as a fiduciary on Jan. 1, also list the names and addresses of each property owner. Estimate of Good Faith Historical Property Address or Quantity of Estimate of OR Cost AND Year Property Owner Name/Address Property Description by Type/Category Address Where Taxable Each Type Market Value* When New* Acquired* (if you manage or control property as a fiduciary) SCHEDULE D: VEHICLES AND TRAILERS AND SPECIAL EQUIPMENT List only vehicles that are licensed in the name of the business as shown on Page 1. Vehicles disposed of after Jan. 1 are taxable for the year and must be listed below. If needed, attach additional sheets OR a computer generated listing of the information below. Report leased vehicles under Schedule F. Leased vehicles must be reported showing the name and address of the owner. Good Faith Historical Cost Year Make Model Vehicle Identification Number (VIN) Estimate of OR When New* AND Year (optional) (optional) (optional) (optional) Market Value* (Omit Cents) Acquired* * Provide an amount for either the good faith estimate of market value, or a historical cost when new and year acquired. If you provided an historical cost when new and year acquired, you need not provide a good faith estimate of market value. For additional copies, visit: comptroller.texas.gov/taxes/property-tax Page 2 |
Enlarge image | Business Personal Property Rendition of Taxable Property Form 50-144 Account Number _____________________________ SCHEDULE E: FURNITURE, FIXTURES, MACHINERY, EQUIPMENT, COMPUTERS Total (by year acquired) all furniture, fixtures, machinery, equipment and computers (new or used) still in possession on Jan. 1. List items received as gifts in the same manner. Attach additional sheets OR a computer generated listing of the information below, as needed. Furniture and Fixtures Machinery and Equipment Office Equipment Historical Cost Good Faith Historical Cost Good Faith Historical Cost Good Faith Year When New* OR Estimate of Year When New* OR Estimate of Year When New* OR Estimate of Acquired (Omit Cents) Market Value* Acquired (Omit Cents) Market Value* Acquired (Omit Cents) Market Value* 2022 2022 2022 2021 2021 2021 2020 2020 2020 2019 2019 2019 2018 2018 2018 2017 2017 2017 2016 2016 2016 2015 2015 2015 2014 2014 2014 2013 2013 2013 2012 2012 2012 2011 2011 2011 2010 2010 2010 2009 2009 2009 & Prior & Prior & Prior TOTAL: TOTAL: TOTAL: Computer Equipment POS/Servers/Mainframes Other (any other items not listed in other schedules) Historical Cost Good Faith Historical Cost Good Faith Historical Cost Good Faith Year When New* OR Estimate of Year When New* OR Estimate of Year When New* OR Estimate of Acquired (Omit Cents) Market Value* Acquired (Omit Cents) Market Value* Acquired Description (Omit Cents) Market Value* 2022 2022 2022 2021 2021 2021 2020 2020 2020 2019 2019 2019 2018 2018 2018 2017 2017 2017 2016 2016 2016 2015 2015 2015 2014 2014 2014 & Prior & Prior & Prior TOTAL: TOTAL: TOTAL: SCHEDULE F: PROPERTY UNDER BAILMENT, LEASE, CONSIGNMENT OR OTHER ARRANGEMENT List the name and address of each owner of taxable property that is in your possession or under your management on Jan. 1 by bailment, lease, consignment or other arrangement. If needed, attach additional sheets OR a computer-generated copy listing the information below. Property Owner’s Name Property Owner’s Address General Property Description * Provide an amount for either the good faith estimate of market value, or a historical cost when new and year acquired. If you provided an historical cost when new and year acquired, you need not provide a good faith estimate of market value. For additional copies, visit: comptroller.texas.gov/taxes/property-tax Page 3 |
Enlarge image | Business Personal Property Rendition of Taxable Property Form 50-144 Important Information Definitions GENERAL INFORMATION: This form is for use in rendering, pursuant to Tax Code Address Where Taxable: In some instances, personal property that is only Section 22.01, tangible personal property used for the production of income that temporarily at its current address may be taxable at another location (taxable situs). you own or manage and control as a fiduciary on Jan. 1 of this year. This report is If you know that this is the case, please list the address where taxable. confidential and not open to public inspection; disclosure is permitted pursuant to Consigned Goods: Personal property owned by another person that you are selling the terms of Tax Code Section 22.27. by arrangement with that person. If you have consigned goods, report the name FILING INSTRUCTIONS: This document and all supporting documentation must be and address of the owner in the appropriate blank. filed with the appraisal district office in the county in which the property is taxable. Do Estimate of Quantity: For each type or category listed, the number of items or not file this document with the Texas Comptroller of Public Accounts. Contact other relevant measure of quantity (e.g., gallons, bushels, tons, pounds, board feet). information for appraisal district offices may be found on the Comptroller’s website. Fiduciary: A person or institution who manages property for another and who DEADLINES: Rendition statements and property report deadlines depend on property must exercise a standard of care in such management activity imposed by law or type. The statements and reports must be delivered to the chief appraiser after Jan. 1 contract. and no later than the deadline indicated below. On written request by the property owner, the chief appraiser shall extend a deadline for filing a rendition statement or Good Faith Estimate of Market Value: Your best estimate of what the property property report to May 15. The chief appraiser may further extend the deadline an would have sold for in U.S. dollars on Jan. 1 of the current tax year if it had been on additional 15 days upon good cause shown in writing by the property owner. the market for a reasonable length of time and neither you nor the purchaser was forced to buy or sell. For inventory, it is the price for which the property would have Rendition Statements and Reports Deadlines Allowed Extension(s) sold as a unit to a purchaser who would continue the business. • May 15 upon written Historical Cost When New: What you paid for the property when it was new or, if request you bought the property used, what the original buyer paid when it was new. If you Property generally April 15 bought the property used and do not know what the original buyer paid, state what • Additional 15 days for you paid with a note that you purchased it used. good cause shown Inventory: Personal property that is held for sale in the ordinary course of a trade or business. Property regulated by the Public Utility • May 15 upon written Commission of Texas, the Railroad Commission request Personal Property: Every kind of property that is not real property; generally, of Texas, the federal Surface Transportation April 30 property that is movable without damage to itself or the associated real property. Board or the Federal Energy Regulatory • Additional 15 days for Commission. Tax Code Section 22.23(d). good cause shown Property Address: The physical address of the personal property on Jan. 1 of the current tax year. Normally, the property is taxable by the taxing unit where the property is located. EXEMPTION: A person is entitled to an exemption from taxation of the tangible per- sonal property that is held or used for the production of income if it has less than $2,500 Secured Party: A person in whose favor a security interest is created or provided of taxable value (Tax Code Section 11.145). for under a security agreement; see Business and Commerce Code Section 9.102 for further details. If an exemption is denied or terminated on a property, the owner must render it for taxation within 30 days from the denial or termination. (Tax Code sections 21.01(a) Security Interest: An interest in personal property or fixtures which secured and 22.02) payment or performance of an obligation see Business and Commerce Code Section 1.201 for further details. PENALTIES: The chief appraiser must impose a penalty on a person who fails to timely file a required rendition statement or property report in an amount equal to Type/Category: Functionally similar personal property groups. Examples are: 10 percent of the total amount of taxes imposed on the property for that year by furniture, fixtures, machinery, equipment, vehicles and supplies. Narrower taxing units participating in the appraisal district. The chief appraiser must impose groupings such as personal computers, milling equipment, freezer cases and an additional penalty on the person equal to 50 percent of the total amount of forklifts should be used, if possible. A person is not required to render for taxation taxes imposed on the property for the tax year of the statement or report by the personal property appraised under Tax Code Section 23.24. taxing units participating in the appraisal district if it is finally determined by a court Year Acquired: The year that you purchased the property, or otherwise acquired. that: (1) the person filed a false statement or report with the intent to commit fraud or to evade the tax; or (2) the person alters, destroys or conceals any record, document or thing, or presents to the chief appraiser any altered or fraudulent record, document or thing, or otherwise engages in fraudulent conduct, for the purpose of affecting the course or outcome of an inspection, investigation, determination or other proceeding before the appraisal district. For additional copies, visit: comptroller.texas.gov/taxes/property-tax Page 4 |