Form 50-144 Business Personal Property Rendition of Taxable Property - Texas

What Is Form 50-144?

This is a legal form that was released by the Texas Comptroller of Public Accounts - a government authority operating within Texas. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form 50-144?
A: Form 50-144 is the Business Personal Property Rendition of Taxable Property form for Texas.

Q: Who needs to file Form 50-144?
A: Any business that owns tangible personal property used for income production or business purposes in Texas needs to file Form 50-144.

Q: What is the purpose of Form 50-144?
A: The purpose of Form 50-144 is to report the inventory, furniture, fixtures, machinery, equipment, and other tangible personal property owned by a business for the assessment of property taxes.

Q: When is Form 50-144 due?
A: Form 50-144 is generally due on April 15th of each year.

Q: Are there any penalties for late filing?
A: Yes, there are penalties for late filing of Form 50-144. The penalty for late filing is 10% of the total amount of taxes due.

Q: Is there any exemption available for certain businesses?
A: Yes, certain businesses may be eligible for exemptions based on the type of property they own. You should consult the instructions provided with Form 50-144 or contact the Texas Comptroller's office for more information.

Q: Is there a fee for filing Form 50-144?
A: No, there is no fee for filing Form 50-144.