Form 50-759 Application for Property Tax Exemption: for Vehicle Used to Produce Income and Personal Non-income Producing Activities - Texas

What Is Form 50-759?

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 50-759?
A: Form 50-759 is an application for property tax exemption in Texas.

Q: Who can file Form 50-759?
A: Any individual or business owner in Texas who uses a vehicle for both income-producing and personal non-income producing activities can file Form 50-759.

Q: What is the purpose of Form 50-759?
A: The purpose of Form 50-759 is to apply for a property tax exemption for a vehicle that is used for both income-producing and personal non-income producing activities.

Q: What are the requirements for filing Form 50-759?
A: To file Form 50-759, the vehicle must be used for both income-producing and personal non-income producing activities, and the applicant must submit all required supporting documentation.

Q: Is there a deadline for filing Form 50-759?
A: Yes, Form 50-759 must be filed on or before April 30th of the year following the tax year for which the exemption is requested.

Q: Will filing Form 50-759 guarantee a property tax exemption?
A: Filing Form 50-759 does not guarantee a property tax exemption. The application will be reviewed by the appraisal district, and the exemption will be granted or denied based on the eligibility criteria.

Q: What happens after I file Form 50-759?
A: After filing Form 50-759, the appraisal district will review the application and supporting documentation. If the exemption is granted, the applicant will receive a notice of approval.

Q: Can I appeal if my application for a property tax exemption is denied?
A: Yes, if your application for a property tax exemption is denied, you can appeal the decision to the appraisal review board.