Get Tx 50-115 2017-2026

The TX 50-115 form, known as the Application for Charitable Organization Property Tax Exemption, is essential for organizations seeking property tax exemptions in Texas. This guide provides clear, step-by-step instructions to help users complete the form accurately and efficiently.

Follow the steps to fill out the TX 50-115 form online.

1. Click ‘Get Form’ button to obtain the form and open it in the editor.
2. State the tax year for which you are applying. Fill in the specific year in the designated field.
3. Indicate whether the applicant owned the property on January 1 of the applicable tax year by selecting 'Yes' or 'No.'
4. In Section 1, provide the organization's name and mailing address. Indicate the organization type by checking the appropriate box: Partnership, Corporation, or Other.
5. In Section 2, specify the authority of the individual representing the property owner. Fill in the name, title, contact information, and, if relevant, the social security or federal tax ID number.
6. Complete Section 3, confirming if the organization engages in public charitable functions and meets required legal criteria.
7. In Section 4, indicate if the organization's bylaws or charter stipulate how assets are managed upon discontinuation.
8. Section 5 requires you to attach Schedule A for real property and Schedule B for personal property to be exempt, as well as any necessary supporting documentation.
9. Finally, in Section 6, ensure the printed name of the property owner or authorized representative is included, along with their signature and the date.
10. Once completed, save the changes, download, print, or share the form as needed.

Complete your TX 50-115 application online today to ensure your charitable organization receives the property tax exemption it deserves.