Tx Form 50 144 – Fill Out and Use This PDF

The Tx 50 144 form, officially known as the Business Personal Property Rendition of Taxable Property Form 50-144, is a crucial document for businesses in Texas. It is designed to report tangible personal property used for income production, which the owner or a fiduciary manages and controls as of January 1st of the reporting year, as outlined under Tax Code Section 22.01. The detailed filing instructions specify that this form, along with all supporting documentation, should be filed with the appropriate county appraisal district office and not with the Texas Comptroller of Public Accounts. Ready to ensure your business' assets are properly reported? Click the button below to start filling out your form.

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Tx Form 50 144 PDF Details

When it comes to managing business assets, understanding the intricacies of tax forms is crucial for accurate reporting and compliance. Among these, the Texas Business Personal Property Rendition of Taxable Property Form 50-144 plays a pivotal role for businesses operating within the state. Designed to render tangible personal property used for the production of income, this form necessitates the disclosure of assets owned or managed as of January 1 of the tax year. It's a critical piece of documentation that must be filed with the county's appraisal district office, excluding the Texas Comptroller of Public Accounts. The form encompasses various sections including details about business and situs information, representation affirmation of prior year's rendition, and specific business information ranging from inventory to vehicles, and even leased property. Accurate completion and timely submission of this form are essential, as it directly impacts the market value assessment of business personal property and ensures compliance with state tax obligations. Moreover, the form contains stringent penalties for late submissions or fraudulent reporting, underscoring the importance of meticulousness and honesty in its completion. Thus, the TX Form 50-144 is an essential tool in the arsenal of business property management, ensuring that businesses contribute their fair share to local economies through property taxes while adhering to Texas tax law.

Question	Answer
Form Name	Tx Form 50 144
Form Length	3 pages
Fillable?	No
Fillable fields	0
Avg. time to fill out	45 sec
Other names	Business Personal Property Rendition of Taxable Property. Form 50-144

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Business Personal Property Rendition of Taxable Property		Form 50-144
		Form 50-144
C O N F I D E N T I A L	__________________________________
	__________________________________
	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		Yes	No
Tax Code Section 22.01(c-1) and (c-2)?	. . . . . . . . . . . . . . . . . . . . . . . . . . . . .

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 • 12-21/25

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.

General Property Description by Type/Category

Estimate of

Quantity of

Each Type

Good Faith		Historical
Good Faith	OR	Historical	AND
Estimate of	OR	Cost	AND	Year
Market Value*		When New*		Acquired*
Market Value*		When New*		Acquired*

Property Owner Name/Address

(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.

Property Description by Type/Category

Property Address or

Address Where Taxable

Estimate of

Quantity of

Each Type

Good Faith		Historical
Estimate of	OR	Cost	AND	Year
Market Value*		When New*		Acquired*

Property Owner Name/Address

(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.

Property Description by Type/Category

Property Address or

Address Where Taxable

Estimate of

Quantity of

Each Type

Good Faith		Historical
Estimate of	OR	Cost	AND	Year
Market Value*		When New*		Acquired*
Market Value*		When New*		Acquired*

Property Owner Name/Address

(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.

Year

(optional)

Make

(optional)

Model

(optional)

Vehicle Identification Number (VIN)

(optional)

Good Faith		Historical Cost
Good Faith	OR	Historical Cost	AND	Year
Estimate of	OR	When New*	AND	Year
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

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*
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

2008							2008									2008
& 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*
Acquired	(Omit Cents)		Market Value*			Acquired	(Omit Cents)				Market Value*			Acquired		Description		(Omit Cents)				Market Value*
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
& 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

Business Personal Property Rendition of Taxable Property

Important Information

GENERAL INFORMATION: This form is for use in rendering, pursuant to Tax Code Section 22.01, 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. This report is confidential and not open to public inspection; disclosure is permitted pursuant to the terms of Tax Code Section 22.27.

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. Contact information for appraisal district offices may be found on the Comptroller’s website.

DEADLINES: Rendition statements and property report deadlines depend on property type. The statements and reports must be delivered to the chief appraiser after Jan. 1 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 property report to May 15. The chief appraiser may further extend the deadline an additional 15 days upon good cause shown in writing by the property owner.

Rendition Statements and Reports	Deadlines	Allowed Extension(s)
Rendition Statements and Reports	Deadlines	Allowed Extension(s)

		May 15 upon written
Property generally	April 15	request
Property generally	April 15
		Additional 15 days for
		good cause shown

Property regulated by the Public Utility		May 15 upon written
Commission of Texas, the Railroad Commission		request
of Texas, the federal Surface Transportation	April 30
Board or the Federal Energy Regulatory		Additional 15 days for
Commission. Tax Code Section 22.23(d).		good cause shown

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 of taxable value (Tax Code Section 11.145).

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) and 22.02)

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 10 percent of the total amount of taxes imposed on the property for that year by taxing units participating in the appraisal district. The chief appraiser must impose an additional penalty on the person equal to 50 percent of the total amount of taxes imposed on the property for the tax year of the statement or report by the taxing units participating in the appraisal district if it is finally determined by a court 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.

Form 50-144

Definitions

Address Where Taxable: In some instances, personal property that is only temporarily at its current address may be taxable at another location (taxable situs). If you know that this is the case, please list the address where taxable.

Consigned Goods: Personal property owned by another person that you are selling by arrangement with that person. If you have consigned goods, report the name and address of the owner in the appropriate blank.

Estimate of Quantity: For each type or category listed, the number of items or other relevant measure of quantity (e.g., gallons, bushels, tons, pounds, board feet).

Fiduciary: A person or institution who manages property for another and who must exercise a standard of care in such management activity imposed by law or contract.

Good Faith Estimate of Market Value: Your best estimate of what the property would have sold for in U.S. dollars on Jan. 1 of the current tax year if it had been on 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 sold as a unit to a purchaser who would continue the business.

Historical Cost When New: What you paid for the property when it was new or, if you bought the property used, what the original buyer paid when it was new. If you bought the property used and do not know what the original buyer paid, state what you paid with a note that you purchased it used.

Inventory: Personal property that is held for sale in the ordinary course of a trade or business.

Personal Property: Every kind of property that is not real property; generally, property that is movable without damage to itself or the associated real property.

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.

Secured Party: A person in whose favor a security interest is created or provided for under a security agreement; see Business and Commerce Code Section 9.102 for further details.

Security Interest: An interest in personal property or fixtures which secured payment or performance of an obligation see Business and Commerce Code Section 1.201 for further details.

Type/Category: Functionally similar personal property groups. Examples are: furniture, fixtures, machinery, equipment, vehicles and supplies. Narrower groupings such as personal computers, milling equipment, freezer cases and forklifts should be used, if possible. A person is not required to render for taxation personal property appraised under Tax Code Section 23.24.

Year Acquired: The year that you purchased the property, or otherwise acquired.

For additional copies, visit: comptroller.texas.gov/taxes/property-tax

Page 4

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