Get TX Comptroller 01-924 2015

Acreage Requirement: the State of Texas has set a minimum of 5 acres and a maximum of 20 acres to qualify beekeeping as an agricultural use. Our degree of intensity standard is set at a minimum of six colonies and 5 acres.

To claim a tax exemption on qualifying items, you must apply for an agricultural and timber registration number (ag/timber number) from the Comptroller. You must include the ag/timber number on the agricultural exemption certificate (PDF) or the timber exemption certificate (PDF) when buying qualifying items.

Acreage Requirement: the State of Texas has set a minimum of 5 acres and a maximum of 20 acres to qualify beekeeping as an agricultural use. Our degree of intensity standard is set at a minimum of six colonies and 5 acres.

To claim a tax exemption on qualifying items, you must apply for an agricultural and timber registration number (ag/timber number) from the Comptroller. You must include the ag/timber number on the agricultural exemption certificate (PDF) or the timber exemption certificate (PDF) when buying qualifying items.

The horses themselves and horse feed (including grain, hay and feed supplements) can be purchased tax free without an ag/timber number or an exemption certificate. ... To qualify, persons must produce horses for sale in the regular course of business.

For a Texas landowner interested in obtaining a wildlife property tax exemption, the property must currently be approved for an agricultural property tax exemption. Then the landowner must complete Form 1-d-1, elect the wildlife management option and attach Form PWD 885-W7000 Wildlife Management Plan.

Agricultural land is typically land devoted to agriculture, the systematic and controlled use of other forms of life particularly the rearing of livestock and production of crops to produce food for humans. It is thus generally synonymous with both farmland or cropland, as well as pasture or rangeland.

Farm: Business or Hobby? Define your farm before you start writing things off. For the IRS to grant you farm income and losses, you must raise livestock, poultry or fish, or you must grow fruits or vegetables. Maintain records for the farm including labor, costs for equipment, maintenance and seeding.

Agricultural property means any real property for which its present or post-remediation use is for growing agricultural crops for food or feed either as harvested crops, cover crops or as pasture.

An agricultural assessment allows land utilized for agricultural purposes to be assessed based on its agricultural value as opposed to its commercial value. An agricultural assessment applies to school, country and town property taxes and is based on the soil types on the farm.

Ag Frequently Asked Questions. What is an Agricultural Exemption? An Agriculture Exemption is not actually an exemption but rather a Special Valuation. If a portion or all of a property is deemed eligible to receive an Agricultural Valuation, that property will receive an Ag Production Value along with its Market Value ...

An Ag Exemption is really another way of valuing a property resulting in much lower taxes than a market valuation. Technically, it is a county appraisal district assessment valuation. ... Your pay property taxes to the county. The appraisal district is the name of the office in each county where you pay.

To qualify for the exemption, property owners are required to use their land for "bona fide" agricultural purposes. ... Property owners must submit a form to the government and provide evidence that they are engaged in "good-faith commercial agriculture." They don't have to generate an income from their operations.

Tax-Exempt Farming Activity Generally, farming includes growing produce and other crops; raising livestock, fish, poultry, and game; maintaining a greenhouse or nursery; and/or otherwise operating a ranch, plantation, orchard, cattle range or feedlot.

Other rural operations producing products which can be defined as agricultural or horticultural, for example, a rural business producing goat's milk will be defined for income tax purposes as a farm. A vineyard selling grapes is a farm. A winery that produces and sells wine would not be a farm.