Get Form 50 244 Dealers Motor Vehicle Inventory Declaration Fillable

The Form 50 244 Dealers Motor Vehicle Inventory Declaration is essential for businesses owning motor vehicle inventories in Texas. This guide will assist you through the process of filling out this form accurately and efficiently online.

Follow the steps to complete the form effectively.

1. Click the 'Get Form' button to access the Fillable Form 50 244 online.
2. Enter the owner’s name and their current mailing address, including city, state, and ZIP code. Also, provide a phone number and the name of the person completing the application, as well as their title.
3. Input required business information, including the name of the business if it differs from the owner’s name, and the physical location address. Attach any additional pages if necessary.
4. Provide the appraisal district account number, if available. You may attach a tax bill or correspondence for reference.
5. Fill out the ownership statement, stating the owner’s name and the starting date of the business if you were not operational as of January 1.
6. Complete the breakdown of sales by detailing the number of units sold and the sales amounts for the previous year’s tax period. Include net motor vehicle inventory, fleet sales, dealer sales, and subsequent sales.
7. Calculate the market value of your motor vehicle inventory by dividing your reported sales from net motor vehicle inventory by 12. Report this value on the form.
8. Sign and date the declaration at the designated area to validate your entries.
9. Once all fields are completed, you can choose to save changes, download, print, or share the form as needed.

Complete your Forms online accurately and efficiently today.