Form 50 244 2013-2025

Show details

4.2 out of 5

42 votes

The document is a Dealer's Motor Vehicle Inventory Declaration Form (50-244) required for motor vehicle dealers in Texas to declare their inventory for property tax purposes. It outlines filing instructions, deadlines, penalties for non-compliance, and alternative election options under the Texas Tax Code. Dealers must submit the form to both the appraisal district and county tax office, detailing their business information, sales data, and market value of inventory.

Here's how it works

01. Edit your 244 area code online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send it via email, link, or fax. You can also download it, export it or print it out.

The best way to change Form 50 244 2013 online

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

With DocHub, making changes to your paperwork takes only some simple clicks. Make these quick steps to change the PDF Form 50 244 2013 online free of charge:

Sign up and log in to your account. Log in to the editor with your credentials or click on Create free account to test the tool’s features.
Add the Form 50 244 2013 for editing. Click on the New Document button above, then drag and drop the sample to the upload area, import it from the cloud, or via a link.
Alter your template. Make any changes needed: insert text and images to your Form 50 244 2013, highlight details that matter, erase sections of content and substitute them with new ones, and add icons, checkmarks, and fields for filling out.
Finish redacting the form. Save the modified document on your device, export it to the cloud, print it right from the editor, or share it with all the parties involved.

Our editor is very easy to use and effective. Give it a try now!

See more form 50 244 2013 versions

We've got more versions of the form 50 244 2013 form. Select the right form 50 244 2013 version from the list and start editing it straight away!

Versions	Form popularity	Fillable & printable
2017	4.8 Satisfied (87 Votes)
2015	4.4 Satisfied (472 Votes)
2013	4.2 Satisfied (42 Votes)
2011	4.2 Satisfied (74 Votes)
1999	4.3 Satisfied (48 Votes)

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What is special inventory tax in Texas?

Texas law provides for the special appraisal of dealers inventory including heavy equipment, motor vehicles, vessels and outboard motors and manufactured housing retailers. Special inventory appraisal is generally based on sales.

Who pays the vehicle inventory tax in Texas?

The VIT is a property tax assessed on the dealer, not the purchaser, and is a negotiable item on the sales agreement. Moreover, the VIT is not, by statute, a part of total consideration. Dealers may, however, separately list a reimbursement of the VIT on the sales agreement.

Do you have to pay inventory tax in Texas?

Texas taxes business personal property, which a number of states generally exempt. Almost all states exempt a key component of business personal propertyinventories. Texas does not.

Who pays inventory tax?

Inventory tax is a taxpayer active tax. That the taxpayer (business owner) must calculate it. Business owners can count and value unsold inventory based on one of the three accepted valuation methods: cost, retail, or lower of cost or retail.

What is the inventory tax rate in Texas?

States that have inventory tax StateState or local LevelHigh-Low tax rates Mississippi State 0.48-1.45% Oklahoma State 0.42-1.22% Tennessee State 0.37-1.37% Texas Local 0.37-2.58%7 more rows

How to calculate inventory tax?

Once you have the ending inventory value, you would multiply it by the applicable tax rate to get your inventory tax figure. For instance, in a state with a rate of 0.48%, youd owe $864.00. The best method of calculation is determined by your business practices.

Form 50 244 2013-2025

Here's how it works